Know why Muthoot Finance Gold Loan will be perfect for you! You just have to download this application on your phone and you can apply from this too. Assured custody of the gold ornaments against which the loan amount is availed. We don't spam or sell your details to annoying people. It’s hard to believe, but it is the truth! Muthoot finance. Dealers, traders, shop owners, property dealers, and people belonging to the business community can avail special advantages through this scheme. With this loan facility from Muthoot Finance, you can opt for as low loan amount as INR 5,000 at interest rates starting from 15% per annum. You can avail a loan amount of as low as Rs.1,500. The Muthoot High Value Loan or MHL is another specially curated gold loan scheme offered by Muthoot Finance. If you want to apply for this loan in an offline method, then you just have to go to one of the nearest branches of Muthoot Fincorp which are more than 4,200 across the country and continuously growing. Also, you will get the maximum loan amount based on your gold value. This applies to both its existing and new borrowers. The eventual loan amount, of course, will depend on your gold value. 14.00% – … This Muthoot Gold Loan scheme is perfect for those individuals who are looking to fund their small day to day requirements. So you don’t need to worry even a bit. Well, the application process is quite easy and it can be done via both online and offline methods. You only need a basic phone to send the SMS and the amount will be transferred into your account instantly. Check Best Offers: Processing Fee: Upto 1.5%. There is no cap in the maximum loan amounts. Demand Drafts, Credit Card or debit card transactions are not accepted at these branches. The Muthoot High Value Loan Plus or MHP is ideal for customers who are looking for gold loans at low interest rates. Gold is evaluated by trusted in-house agents. Uh-no! Small Business Loans Muthoot Fincorp offers Small Business Loans … Just dial 1800-102-1616 and the representatives will hear your problems with patience and give you the plausible solution. At present, Muthoot Finance offers 12 different types of gold loan schemes to its customer. Fantastic! Online Gold Loan. Moreover, the reason behind that the gold … SBI Gold Loan. Past Relationship with Muthoot. Age: Above 18 years: Minimum loan … What are the Different Kinds of Muthoot Gold Loan Schemes? We offer short-term and long-term deposit plans, according to your preference, Our schemes include monthly interest plans, annual interest plans, and maturity plans, offering interest rates … The Muthoot Delight Loan or MDL has been specially designed for borrowers who are looking for a loan amount of up to Rs.2 lakh and paying lower interest. This scheme places the gold as an “additional bank limit” to fund the growth of the respective businesses. Click on the ‘Search’ option after that and follow the on-screen instructions to set up your login credentials. Our Muthoot Online facility will definitely ease our customers who often find it difficult, during their busy life schedules, to call at our branch and make periodic interest / principal re-payments, withdraw available loan amount (Topup) and renew eligible loans . To know more about this, you can use the Gold Loan Calculator. Lowest EMI Per Lakh: 2,162 for 5 years The calculator is quite quick and accurate, so this process will be hassle-free. You can opt for this viable financial product and overcome any financial emergency that you are facing. The interest rate applicable on a home loan depends on the type of loan … Is iMuthoot personal gold loan affordable? Want to get Loan Against your Gold? Fill in the fields with your ‘User Name’ and ‘Password’ and click on the ‘Login’ button. Super Saver Scheme or SSS offers gold loan with loan amount starting at Rs.199 lakh. With numerous outlets across India and attractive interest rates, you may decide to go for this option taking advantage of their minimal documentation requirements and extremely short processing times. ABOUT COMPANY: Muthoot Finance Ltd.(MFL) is the largest gold loan NBFC in India in terms of loan portfolio. You should choose the one which is most suitable for you according to your income, requirement, and repayment capability. 1,500 is the documentation charged for limits sanctioned for MOS scheme. Interest rate: The interest rate ranges from 12% to 27% and is specific to different states and … Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Since the gold loan application process is easy and quick, it is one of the most preferred loans to take during an emergency. No, there is no need to have a third-party/ external guarantor in order to avail the gold loan from Muthoot Finance. Is Gold loan amount affected by gold … The best thing about this is if you want to prepay your loan amount, there will be no extra charges for it. It is possible that a person applies for a loan or service with … Please provide some details to get the best offers. Copyright © 2021   BankBazaar.com. You can also make the payments on a daily, weekly or monthly basis and your interest rate will be fixed even if there is a delay in your monthly repayments for some reason. We are providing you details about both of the methods below which you can check. The final rate of interest will be decided by the lender after assessing your overall profile. Great first step! The loan amount depends on the purity and value of your gold. For all the transactions and payments in relation to Muthoot Finance, you can use the online platform as well. Muthoot Fincorp Gold Loan interest calculator helps you know how much loan your jewellery can fetch. Please re-enter your phone number. This content is best experienced in portrait mode. The Muthoot Super Loan or MSL is offered to those customers who wish to avail a higher loan amount against their gold and also wish to avail the benefits of discounts arising out of timely repayment of the loan. One thing you also need to remember is that interest will be only applicable to the reducing balance. Other than this, if you want to pay the total principal and interest amount in one go, you can opt for the Bullet Repayment Method too. Muthoot finance LTD red is under monetory control of RBI.They are reporting to CIBIL once in quarter.Perhaps score changes based on loan age whether it is performing asset or NPA . This number appears incorrect / invalid. You can choose your repayment mode for a tenure of 3 to 36 months. This scheme is available only in the South Indian branches of Muthoot Finance. Rest of India – Rs.5 per transaction, As per the applicable rates of the respective states, 2% rebate if 100% interest paid on a monthly basisÂ, 3% rebate if 100% interest paid on a monthly basisÂ, 2%% rebate if 100% interest paid on a quarterly basisÂ, 2% rebate if 100% interest is paid on a monthly basis.Â. You’ve left us your number. This Page is BLOCKED as it is using Iframes. So you must be thinking about how Muthoot Finance will calculate the overall value of your gold? Click on the ‘New user? Through Muthoot Finance Ltd. gold loan services you can avail cash against your gold within a few minutes. Gold Loan Interest Rate; Interest Rate: Starting @ 8.60%. Let’s know about them in detail so that you could choose the suitable one for you without any stress. What are the key features of Muthoot Gold Loan? You can enjoy a discount of 12.1% for 30 days, 9% for 60 days, and 1% for 180 days on your interest. The interest rates start from 15% per annum. Muthoot Finance Gold Loan is the largest and one of the leading financing company to offer gold loan. Muthoot Finance Gold Loan– Get Gold Loans in 5 Minutes from muthoot.Check Interest Rates, EMI, Eligibility & Documents under various schemes of muthoot finance in all over India. You can get a loan amount ranging from INR 1 lakh to less than INR 3 lakhs for a period of 9 to 12 months. This includes Kardahs, necklaces, polka sets, rings, pendants, watches, bracelets, bangles, etc. In general Loan on Gold, the credit is available at a low-interest rate. Opting for a Muthoot Finance Gold Loan is so easy that you can get the loan amount anywhere, anytime with the help of over 3600 branches across the country. Rs.20 for loan amount exceeding Rs.10,000, 0.15% of the loan amount, subject to a maximum of Rs.600 and minimum of Rs.50, South Indian branches – Rs.2 per transaction This number appears incorrect/invalid. The top non-banking finance company (NBFC) offers impressive loan amounts based on the value of the gold ornaments you submit to it. The personal gold loan from iMuthoot app carries an interest rate of about 11.25%. The app is free of cost, it is an additional benefit offered to Muthoot Finance customers. Muthoot Finance Home Loan Interest Rates. One of India’s first services by Muthoot Finance, individuals who have not taken up their maximum permissible loan amount by now, can opt for the loan amount without visiting the branch at any hour of the day all year. As you can see the name of this scheme has BIG in it, it stays true to its name by giving your big value, big advantages, and big awards by opting for this loan. Muthoot Finance is ranked among the top gold loan providers in India. The Muthoot EMI Scheme or MES is ideal for all salaried individuals and professionals, who are looking for a gold loan and can repay it through EMIs instead of bullet payments or a lump sum payment. Some of the key features of Muthoot Gold loan include: Quick loan … The maximum tenure for which you can avail a gold loan is 12 months for all the regular gold loan schemes and 36 months for the EMI based gold loan scheme. NOTE: Rs. The rate of interest offered by Muthoot Finance Home Loan is linked to the Retail Prime Lending Rate (RPLR), which currently stands at 15.95%. Now you have got enough information about all the Gold Loan schemes by Muthoot Finance, so you must want to know about the process through which you can apply for it. The interest is charged on monthly compounding basis. The Muthoot Overdraft Scheme or MOS is specially designed for traders, businessmen, pharmacists, petrol pump owners, shopkeepers, etc. Seeking a gold loan to meet your urgent needs? Well, to estimate the overall value of your gold, Muthoot Finance used the average price of the Gold for the last 30 days. The lower gold loan interest rate at Muthoot Finance is because of its secured nature. As we told multiple times before that the documentation process is quite simple and minimal. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products. The repayment period will be a maximum of 9 to 12 months. And your loan amount will depend on the overall value of your gold. Muthoot Finance Gold Loan Interest Rates @12.00% - 27.00% How to Apply. In order to know more, kindly get in touch with any branch of Muthoot Finance. Leaving so soon? For this, you can visit the nearest branch of the Muthoot Finance and know about the value of your gold. There are a few basic documents that you will need to submit while applying for this gold loan. Now you must have got a basic idea about all these schemes. With the help of the Muthoot Gold Loan Calculator, you can know the loan amount you can get based on your gold value, your eligibility. How to Contact Muthoot Finance Customer Care? It is reliable to pay interest … Suppose your maximum permissible loan amount is INR 3 lakh, and you have taken only a loan amount of INR 2,40,000. Muthoot Finance Blue Guide Gold Loan Scheme, Gold Loan Apps: Everything You Need to Know About, Muthoot Finance Blue Big Gold Loan Scheme, Muthoot Finance Blue Big Smart Gold Loan Scheme, Muthoot Finance 24*7 Express Gold Loan Facility. Check and Compare Gold Loan Interest Rates of Various Bank in India. We do not guarantee any loans as loan sanction is as per Banks and Nbfcs. Rate of interest is 23.5% p.a. Moving in step with the digital era where people find the 'Online' medium more convenient to make transactions and payments, Muthoot Finance India, India's largest gold loan company has launched its new online interest payment service ‘Muthoot … It comes with different loan disbursement options and digital payment services. Gold Loan Rate per Gram valuation at Muthoot Fincorp. interest rate on gold loan interest rate Muthoot Finance Manappuram Finance gold loan Provident Fund secured loan (Click here to know how to save on taxes for the financial year 2020-21.) These are the Blue Guide, Blue Bright, Blue Power, Blue Big, and Blue Smart Gold Loans. ‘Sign-up here’ option under the login field. Name of Scheme : Muthoot Finance Gold Loan : Rate of Interest : 12% p.a. Muthoot Blue Gold Loan offered by Muthoot Fincorp is just perfect for raising short-term working capital or to meet your emergency financial needs, in just a few minutes at any of Muthoot Fincorp’s over 3600 branches and growing, across the country. In the below table, you can have an overview of all of these schemes. At such times, they could require funds for their downpayment of the car, funding their travel or marriage, or for setting up a new business. Uh-oh! All these needs can be easily fulfilled by this loan facility. However, the maximum cap is higher at INR 3,600. South Indian branches – Rs.10 per ordinary notice (up to 3 notices) and 4th notice registered is Rs.70, Rest of India – Rs.30 per ordinary notice (up to 3 notices), 4th notice registered is Rs.100, and auction notice charges being Rs.120. Muthoot Finance Gold Loan Interest Rate is 7.10% per annum Muthoot Finance Gold Loan Per Gram is ₹ … The processing fee is merely ranging from INR 12 to INR 20. Apart from this, you can also opt for another process – through the Muthoot Blue Application available both on Android and iPhone. No charges for prepayment of the loan amount. Gain an edge by connecting with us via email. If you are wondering about the secured nature, then let us tell you that your gold ornaments work as a collateral or security against the loan amount you will get. Muthoot Fincorp offers Gold Loans at reasonable interest rates and maximum value for the pledged ornaments from its close to 3500 branches in India. So, keep reading to learn more about Muthoot Finance Gold Loan. Enter your number below. As we have told you earlier that you can opt for a maximum 75% of the overall gold value as the loan amount. Either click on the ‘Customer ID’ option. If you don’t have the time to visit the branch and want to apply through the online way then you can do it too. The lender has also eased interest rates on the gold loan to ensure you repay it comfortably. After the financial independent stage, everyone faces some bigger fund requirements in their life for purposes such as home improvement, travel plans, children’s education, marriage, buying a new car, etc. Muthoot Finance Gold Loan Interest Rates Below-provided is a list of Muthoot gold loan interest rate. The Muthoot Mahila Loan or MML is a specialised scheme which is offered to women borrowers. This Gold loan scheme by Muthoot Finance is designed especially for those individuals who are independent or are earning their livelihood. You will be redirected to a new webpage wherein you will 2 options. Please re-enter your phone number. So, you can see that for this service, you neither need any Smartphone nor Internet Connection to get the loan amount. How Gold Loan Interest Rates are Determined in India? No extra price is charged for iMuthoot app. You can choose a repayment period from 9 to 12 months according to your repayment capability and fund requirements. Muthoot Finance Ltd. is one of the most popular gold loan providers in India with more than 2 lakh customers availing their services on a daily basis. Please re-enter your phone number, Punjab National Bank Personal Loan Eligibility, Indian Overseas Bank Personal Loan Eligibility, Standard Chartered Personal Loan Eligibility, Central Bank of India Personal Loan Eligibility, Bank of Maharashtra Personal Loan Eligibility, Catholic Syrian Bank Personal Loan Eligibility, City Union Bank Personal Loan Eligibility, Corporation Bank Personal Loan Eligibility, Dhanalakshmi Bank Personal Loan Eligibility, Punjab and Sind Bank Personal Loan Eligibility, South Indian Bank Personal Loan Eligibility, United Bank of India Personal Loan Eligibility, Standard Chartered Personal Loan EMI Calculator, Syndicate Bank Personal Loan EMI Calculator, TATA Capital Personal Loan EMI Calculator, Shriram Finance Personal Loan Customer Care, Standard Chartered Personal Loan Customer Care, Capital First Personal Loan Customer Care, Bank of Baroda Personal Loan Interest Rates, Syndicate Bank Personal Loan Interest Rates, Punjab And Sind Bank Personal Loan Interest Rates, Indian Overseas Bank Personal Loan Interest Rates, Standard Chartered Personal Loan Interest rates, Punjab National Bank Personal Loan Interest rates, Tata Capital Personal Loan Interest rates, Central Bank of India Personal Loan Interest rates, Allahabad Bank Personal Loan Interest rates, Bank of India Personal Loan Interest rates, Bank of Maharashtra Personal Loan Interest rates, Catholic Syrian Bank Personal Loan Interest rates, City Union Bank Personal Loan Interest rates, Corporation Bank Personal Loan Interest rates, Deutsche Bank Personal Loan Interest rates, Karnataka Bank Personal Loan Interest rates, Nainital Bank Personal Loan Interest rates, South Indian Bank Personal Loan Interest rates, United Bank Of India Personal Loan Interest rates, 2% if EMI payment delayed above 360 days (applicable only for Rest of India), 75 paise per Rs.1,000 per day if EMI is not paid within 3 days from the due date, Rs.50 to Rs.1,500 per account (based on the type of scheme), Rs.10 for loan amount of up to Rs.10,000; Has lower rates compared to its customer is one of muthoot gold loan interest rate loan amount will depend on your loan. 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