The main activity of Mini Muthoottu Nidhi (Kerala) Limited is advancing money against the security of gold ornaments.
Mini Muthoottu Nidhi (Kerala) Limited has distinct schemes for Gold loan. The rate of interest for gold loans will be decided by the Board of the Company on the basis of various internal and external factors, market conditions etc. from time to time. We have a bouquet of products, catering to a wide range of people living in the rural and urban areas.
The Company lends depending upon the market value (LTV of Gold) as stipulated by the regulator and the purity of the gold.