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Muthoot Complaints & Reviews

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Updated: Jun 1, 2024
Complaints 525
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So far, so good. Muthoot is working on building a stronger response system and taking steps to address most of the complaints. While there's room for growth, their efforts show a positive trend in customer support. We hope Muthoot will keep up the work and continue to help more customers with their concerns even better 🤝
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Muthoot reviews & complaints page 4

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S
shoail
from Raniganj, Uttar Pradesh
Apr 10, 2022
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Noc for bike emi

Address: Vill-dhandadihi,post-dhandadihi,dist-burdwan,pin-713376

I am syed shoail from Raniganj i have completed my bike emi last month 3rd march2022 but did not get noc certificate from company...
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R
ravindra.bharambe11
from VAPI, Gujarat
Apr 5, 2022
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NOC not provided

I Ravindra Bharambe taken gold loan from Muthoot having No. 01143/MUL/002560 showing closed after Autioned it
But still after 6 month also it showing overdue on CIBIL and they are not provided me the NOC for the same....
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A
Atalbihari
from Patna, Bihar
Mar 22, 2022
Apr 12, 2022
This thread was updated on Apr 12, 2022
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For NCD maturity

Address: 211, jagat trade centre,Frazer road Patna, 800001,bihar

I take a muthoot finance NCD in[protected] from SBI securities. But I not received my maturity amount . My application no. Is[protected]....
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K
KOTTAIVALLE VALLE
Mar 21, 2022
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Jewel loan

Address: RS MANGALAM RAMANATHAPURAM DIST

I am facing problem to receive my jwell .The branch manager refused to return my gold jwell.

CUSTOMER ID [protected]
CRM CODE [protected]
LOAN NO 04161/MAL/011659
NAME KOTTAIVALLE
[protected]
BRANCH RS.MANGALAM...
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H
HsrRawat
Mar 19, 2022
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NOC Issue DL14SK3512 -Manju Devi

While checking my vehicle details with the Delhi RTO it came to my notice that it has a finance with Muthoot Capital Services Ltd. however, i have purchased the vehicle in total Cash Payment from the dealer, even i have never received any Loan repayment reminder from your end till now.

I have purchased the below vehicle on 08th July 2019, request you to check if there is any pending loan on me, my details are below
Vehicle...
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B
Biniktr
Mar 14, 2022
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Gold loan payment failed but cash gone reg.

Sir,
This bring to your notice that i have transferred the amount rs 40000to muthoot finance gold loan account through webpay. The transaction was failed and the money was not credited to gold loan account.

But i received a message from the bank that the bank had deducted Rs 40029.5 from my bank account and the massage is follows;
Rs40029.50 [protected]@Paynimo Mu on 11MAR22 15:58.BAL:Rs69765.84.Dispute/Not you?Click...
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S
Senthil0071
from Thanjavur, Tamil Nadu
Mar 10, 2022
Mar 10, 2022
This thread was updated on Mar 10, 2022
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Removal of overdues from cibil and other credit score

My name is M.Senthilkumar from Thanjavur tamilnadu, I have a long term best relationship with muthoot finance for the past 10 yrs and above, , I paid interest in time.out of which 4050MAL9965, 4050MSL21874, reflects as overdue in my cibil and other credit score.tha above accounts are closed already .there is no such accounts .please verify .I request you to please remove overdue mentioned in my cibil score .please do the needful for me at...
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E
Eswar 123
from Tirupati, Andhra Pradesh
Mar 8, 2022
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Medical claim

Address: Tirupati

I'm Thota Eswaraiah tirupathi ESI hospital refer to ramadevi hospital them I'm joined[protected] and done my surgery on[protected] then[protected] discharged after surgery just 3 days only staying in hospital I'm asking why early discharge he is saying complete your ESI latter you take extended later ok I'm discharged on[protected] tablets and injunctions and my surgery dressing total list is given but not provided total taken money why please...
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R
Rajeev Khurma
Feb 9, 2022
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Zokhim Byaz

Address: Delhi

Please explain what is Zokim Byaz in post auction letter and who have authorised you to charge this?...
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N
Nandnifly
from LUDHIANA, Punjab
Jan 30, 2022
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PF

Address: REGIONAL OFFICE MUTHOOT FINANCE LTD. DUGRI ROAD NEAR AXIS BANK LUDHIANA PUNJAB 141001
Website: [email protected]

Dear Sir/Madam,
My name is Nandni Nayyar Employee ID-DF15326 have worked in Muthoot Finance Ltd. from 20.05.2013 to 31.12-2014 at the designation of Assistant Operations. Now i want withdraw my PF but even Member ID is not showing in EPFO. Two files are attached .

Thanks & Regards
Nandni Nayyar
[protected]@gmail.com...
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P
Prabhudoss Muttharsasu G
Jan 24, 2022
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Payment service was down for three days

Address: Ambattur ChennI

I was trying to pay the interest last week but the services were down at their end . This week when I pay the interest they have charged more interest saying I slipped the date. If the payment services at their end is having trouble, why should I pay the late payment interest....
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P
Prabhudoss Muttharsasu G
Jan 24, 2022
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Insurance amount deduction without our concern

Address: Ambattur , Chennai

This gold finance company Muthoot finance is charging more amount as insurance forcefully from all the customers . I have availed loan for gold from this company they have forcibly charged 700 rs from the loan amount . Why am I supposed to avail this insurance where as I have multiple insurances running already on my name for home loan car loan also in my office . This should not made compulsory for everyone ....
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H
Hasmukhchauhan1996
Jan 20, 2022
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F&F Amount Not Credit

Address: Kerela

Dear Sir,
Please Find The Relieving Letter issue but F&F Amount Not Credit Please proceed.

EMP Id - MM10044209
Mobail No-[protected]
Branch -Limkheda
Designation-Assistant Branch Relationship Manager...
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B
Ballanvad Sanju
from Hyderabad, Telangana
Jan 15, 2022
Jan 15, 2022
This thread was updated on Jan 15, 2022
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Complaint against staff members

I went to Miyapur branch near Alwyn cross road to pay the interest money, but the members in the office are not doing their responsible duties properly. I'm saying this because they were saying the time is up and we can't do it today, you have to come tomorrow. I've asked why, they replied the time is up. I went in around 5:20 to 5:25 there is still time left to 5:30. There are three members in the office, got together in one room and discussing...
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B
Bikram_singg
Jan 8, 2022
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Poor customer service

Gill road Ludhiana branch employees treat their customers like slaves. They keep on making customer visit them for a general minimal work. When complained their executives shows irresponsible behaviour and talk rudely. Manager Ram singh too is not interested in listening to customer and simply hang the phone without listening. Hope Muthoot finance will hear...
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G
GODWIN RAKESH
Jan 8, 2022
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Regarding jewel loan closure

Hi

We have availed a jewel loan with your firm on 11/05/2021 for the amount of Rs 50600/- (loan no F21143) at marthandam branch.
Due to our personal issues we were not available in our native location and we heard about that our jewel is going for auction from the branch manager Ms. Merlin prabha.

So we have requested the branch manager to hold the jewel till today(08/01/2022) and informed we will close/renew...
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S
shininrays
from Kolkata, West Bengal
Dec 31, 2021
Mar 19, 2022
This thread was updated on Mar 19, 2022
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Resolved

Please remove late payments from cibil report reported wrongly for 0577-mul00016332 & 0577-mul00016335

I am writing to complain and request immediate REMOVAL of LATE PAYMENTS & OVERDUE for the loan accounts 0577-MUL00016332 & 0577-MUL00016335 which is reflecting in CIBIL & other credit bureaus. MY CIBIL REPORT IS SHOWING THE PAYMENTS WERE LATE BY 17 DAYS, HOWEVER THE DATE I MADE THE PAYMENT WAS AGREED UPON BY THE BRANCH AND WAS ALSO TOLD THERE WILL NO EFFECT ON CIBIL.

I have been a Muthoot customer for the last 6-7 years and...
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M
Maryashah
Dec 29, 2021
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Emi deducted before sanction time

Emi was deducted on 10 december 2021 though it was mentioned in sactioned letter that first emi will be deducted on 31 january 2022. Company is denying to show me the policy document of terms and conditions and gave false commitments regarding disbursement. And manager misbehaved with me while asking for policy document...
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M
Mani9810315894
from Gurgaon Rural, Haryana
Dec 20, 2021
Dec 29, 2021
This thread was updated on Dec 29, 2021
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Defamation claim

Address: 1st floor Shohna Road near Harish bakery and sweets sadar bazar Gurugram Haryana 122001

Branch manager was very rude as well as unprofessional. He doesn't know how to respect woman...
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P
praveenchukkapalli
from Narasaraopet, Andhra Pradesh
Dec 17, 2021
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Discrepancy in Loan amount.

We have taken bike loan and paying the EMI's regularly. however, there's some amount being added to the due regularly. I tried contacting the nearby branches, but there's no proper response or explanation for this.
I need this to be resolved ASAP....
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