Muthoot

Muthoot Business Loan

Non-Hybrid Business Loan

Your Loan Journey

  • Onboarding (OTP & PAN)

    Step 1
    2 mins

    Verify mobile number via OTP and enter PAN to create your profile and start the loan journey.

  • Eligibility & Offer

    Step 2
    Instant

    CIBIL score is generated and eligibility is checked based on credit score, serviceable PIN code, business vintage, and age. View and accept the loan offer.

  • KYC & Document Submission

    Step 3
    8 mins

    Complete DigiLocker Aadhaar KYC and submit business details, selfie, shop photos, OHP, and required documents.

  • Video Verification & Credit Review

    Step 4
    Under Review

    Initiate Video PD and Video KYC. Credit team reviews the case and may request additional documents if required.

  • Approval Decision

    Step 5
    Status Update

    Loan application is either approved (sanctioned) or rejected after credit assessment.

  • Bank Verification & Agreement

    Step 6
    5 mins

    Add and verify bank account and digitally sign the loan agreement to complete documentation.

  • Loan Disbursal

    Step 7
    24 hrs

    The sanctioned loan amount is credited directly to your verified bank account.