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Kochi, April 9

The Muthoot Group, leading providers of financial products, has tied up with Sunny Diamonds to provide loans to its customers for purchasing Belgium diamonds from the jeweller. The customers would be financed with a loan of up to Rs 3 lakh for a nominal rate of interest, Muthoot Group Managing Director Mr George Alexander Muthoot said. The loan would be paid against security, which can be landed property, LIC or other insurance policies or gold. Customers would get a one m onth free credit at 15 per cent interest at diminishing rate or 7.5 per cent interest at flat rate. —

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