Muthoot Fincorp Business Overview
Incorporated in 1997, Muthoot Fincorp is a Middle Layer non-deposit-taking company (NBFC-ML) in India. It is a Kerala-based firm has over 138+ years of experience. Also known as Muthoot Pappachan Group (MPG), it offers financial services such as personal loans, business loans, and gold loans against pledging of gold ornaments and jewellery.
Its product portfolio includes a diverse range of gold loan products, including Muthoot Blue Guide Gold Loan, Muthoot Blue Bright Gold Loan, Muthoot Blue Power Gold Loan, Muthoot Blue Bigg Gold Loan, Muthoot Blue Smart Gold Loan, and Muthoot Blue 24×7 Express Gold Loan. As of September 30, 2025, the firm has approximately 35.38 lakh gold loan accounts in its portfolio.
Muthoot Fincorp NCD Tranche V September 2026 Details
| NCD Issue Open | September 8, 2026 |
| NCD Issue Close | September 22, 2026 |
| Issue Size (Base) | ₹350 Crores |
| Tranche Issue Size | ₹700 Crores |
| Tranche Number | 5 |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 9.25% ** (Annually) |
| Minimum Investment | 10 Bonds (₹10,000) |
| Listing on | BSE Platform |
| Tenor | 24, 36, 60, and 72 Months |
| Basis of Allotment | First Come First Serve Basis |
| DRHP Document |  |
| RHP Document | |
NCD Rating
| Rating Agency | NCD Rating |
| Brickwork Ratings India Private Limited | AA+/Stable |
| Crisil Ratings Limited | AA |
Muthoot Fincorp NCD September 2026 Promoters
- The promoter of the company is Thomas John Muthoot, Thomas George Muthoot and Thomas Muthoot.
How to Apply Muthoot Fincorp NCD September 2026 Issue?
You can apply from your existing Demat account online and offline. You can apply by downloading the form from the official website and filling up all the details with the cheque for the said amount. You can submit it to the collection centers.
Muthoot Fincorp NCD Review
- IPO Watch – May Apply
- Dilip Davda – Not Rated
Muthoot Fincorp NCD September 2026 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| 1 | 24 Months | Monthly | 8.56% | 8.90% |
| 2 | 36 Months | Monthly | 8.75% | 9.10% |
| 3 | 60 Months | Monthly | 8.84% | 9.20% |
| 4 | 72 Months | Monthly | 8.88% | 9.24% |
| 5 | 24 Months | Annual | 8.90% | 8.89% |
| 6 | 36 Months | Annual | 9.10% | 9.09% |
| 7 | 60 Months | Annual | 9.20% | 9.19% |
| 8 | 72 Months | Annual | 9.25% | 9.24% |
| 9 | 24 Months | Cumu. | NA | 8.90% |
| 10 | 36 Months | Cumu. | NA | 9.10% |
| 11 | 60 Months | Cumu. | NA | 9.20% |
| 12 | 72 Months | Cumu. | NA | 9.25% |
Muthoot Fincorp NCD Allocation Ratio
| Category | Allocation |
| Institutional | 10% |
| Non-Institutional | 20% |
| HNI | 50% |
| Retail | 20% |
Muthoot Fincorp NCD September 2026 Lead Manager
- Nuvama Wealth Management Ltd.
Muthoot Fincorp NCD September 2026 Allotment Status
- Muthoot Fincorp Tranche V NCD issue allotment is available on Integrated Registry
Muthoot Fincorp NCD September 2026 Registrar
Integrated Registry Management Services Pvt. Ltd.
Phone: 044-28140801/28140803
Email: [email protected]
Website: https://www.integratedregistry.in/registrarstosta.aspx?od=1
Company Information
Muthoot Fincorp Ltd.
Muthoot Centre,
TC No 27/3022,
Punnen Road,
Thiruvananthapuram, Kerala, 695001
Phone: +91 471 491 1550
Email: [email protected]
Website: https://www.muthootfincorp.com/
