How Gold Loan Works at Muthoot Finance? Gold has come a long way from just being a fancy material for jewellery. In India, it's now a popular and easily convertible financial asset. If you find yourself in need of quick cash for business, unexpected expenses, or a medical emergency, consider a Gold Loan from a reputable lender. Muthoot Finance is a reputable gold loan provider in India. You can get a gold loan at competitive interest rates by using your gold jewellery as collateral. It's a hassle-free way to address your financial needs and a practical alternative to traditional bank loans. Let’s look at how gold loan works at Muthoot Finance.
Gold Loan Interest Rates at Muthoot Finance
Interest is compounded monthly. Get a rebate only if your loan's interest is up to date. Certain schemes are available only in specific parts of India.
Check Eligibility
Minimum age: 21 years old. Applicant must be an Indian national. Occupations eligible: Salaried, businessmen, self-employed, students, housewives, pensioners, and others.
Gold Qualifications Gold karats: 22 karats.
Required Documents
Basic KYC papers: proof of address and identification. No income proof or CIBIL score verification is needed for gold loan approval.
Identity Verification
Acceptable IDs: Aadhaar Card, PAN Card, Voter's ID Card, Driver's License, Passport, or any government-issued picture ID. Proof of address: Aadhaar Card, Passport, Utility Bills (not older than 3 months), or any government-approved address proof.
Gold Loan Procedure Choose one of the following:
Visit a nearby Muthoot Finance location. Call their toll-free number. Opt for Gold Loan@Home Facility for assistance at your residence.
About Muthoot Finance Gold Loan@Home Loan@Home by Muthoot Finance is your hassle-free solution for quick cash needs. Apply from home with ease and enjoy competitive rates and flexible repayment. Muthoot Finance, a trusted name, ensures a swift approval process, letting you tackle medical, education, or personal expenses promptly. With transparent terms and dedicated customer support, it's a reliable choice for your financial concerns.
Website: https://loanathome.com/
