Muthoot Finance Gold loan portfolio is the largest in India as well as round the globe. You will be surprised to know that more than 81,000 people avail their trusted services on a daily basis.
For the past 128 years, the company has been serving the interests of customers as its top most priority. Their journey through centuries coupled with the fact that they are still a rapidly growing company highlights the trust and commitment that their customers worldwide have shown in them.
With Muthoot Finance gold loan services, it takes no more than a few minutes for your gold to generate cash.
Being India’s largest gold loan service provider, safeguarding the deposits of gold ornaments is their primary concern. A flexible interest rate policy is what helps Muhoot Finance cope with volatile markets. Their gold loan range starts from Rs. 1,500 and stretches up to Rs. 1 Crore. Serving over 81,000 customers daily, they assist almost every section of the society in obtaining quick cash for leveraging their dreams.
Benefits of Gold Loan from Muthoot Finance
- Customer oriented Services
- Quick Loan disbursal
- Loan limit stretches from Rs. 1500 to Rs. 1 crore (and above)
- Pre-payment option-without any penalty
- Minimal documentation
- In-house gold evaluation
- Improves customer service in a shorter response time
- Strong rooms for providing safe custody for gold ornaments
Eligibility to Avail Gold Loan
One of the best advantages of taking a Gold loan from Muthoot finance is that anyone who is above the age of 18 years can avail a gold loan. All they need is to provide the gold ornaments and required documents.
No Guarantor Required
Usually if you’re applying for traditional type of loans you will need a guarantor to sign on your application form to be eligible for availing loan. But In case of Muthoot Gold Loans the only security which is required from the applicant in order to avail a gold loan is the very gold they pledge with Muthoot Finance Ltd. itself. No need for an external/third party guarantor for the same. The loan will be sanctioned against the gold pledged.
Sounds Great ? Right…
Minimum Tenure Term
In case of traditional loans, the minimum tenure for any loan is atleast 3 years which can be a trouble if you’re interested to pay back the loan amount in less time to avoid heavy interest amount. But in case of Muthoot Finance gold loan, the minimum tenure is 1 day and maximum tenure for their gold loan is 15 months, each loan has a different tenure (please refer to table below).
So, don’t let funds to end your dreams. Just visit your nearest Muthoot Finance Gold Loan branch and get an easy loan in few minutes.
