Muthoot Finance Gold Loan Payments, Eligibility, Interest Rate

Muthoot Finance Gold Loan : Muthoot Finance is one of the largest gold loan companies in India which was established in the year 1939.

Muthoot Finance Gold Loan is one of the pioneer products. Muthoot Finance is a Non-Banking Financial Company, with a network of 4400 branches across India. In addition, the financial company has a good reputation, and the company is also reliable. Hence, there is no risk of fraud.

Muthoot Finance also caters to other financial products like personal loans, but a gold loan is the most famous product. So many people get gold loan to overcome their financial crisis. Hence, even you can avail the service of Gold Loan to overcome the financial constraints.

Muthoot Finance Gold Loan Details Interest Rate

  • Interest Rate : Starting from 12.00% p.a.
  • Loan Tenure : 7 days to 36 months
  • Minimum loan amount : Rs.1500
  • Maximum Loan Amount : No Limit
  • Processing Fee: 0.25% to 1% of the loan amount
  • Security of Collateral: Any gold article weighing up to 50 grams having a purity of 18K to 22K.

Muthoot Gold Loan Repayment Modes

1. Offline way

Visiting Branch Office: Borrower can deposit their EMI by visiting any branch office of Muthoot Finance PAN India You can pay there or through Debit Card or Credit Card

2. By Online Mode

If you want to pay Muthoot Finance online, then let me tell you that you can use 2 methods online, through which you will be able to pay its money easily, about all those two methods, I will give you detail below I will inform in advance let’s go

3. Through website

  • First of all you go to its official website
  •  Now you will reach the home page of this where you have to click on the ‘gold loan’ tab
  •  On the next page, enter your User ID and Password and click on Login
  •  Note: However, the Webpay facility can be availed only if you are a registered customer. If you are not, follow the steps below to register.
  •  After coming to the web page, click on ‘new user tab’
  •  Clicking this will take you to the register page where you can register through your customer ID or mobile number
  •  After completing the registration process, you will get the password and user ID through which you will be able to make the payment.

4. Via mobile application

  •  Download iMuthoot application on your phone (available on Android play store or App store).
  •  Log in using your web-pay user ID and password. Click on ‘Quick pay’
  •  On the next page, loan no. Click on Customer ID, QR Code and Search
  •  Select the payment mode and you will receive a verification email on your registered email id
  •  Thus, you will be able to easily make the payment for the Muthoot Finance Gold Loan

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Features and Benefits of Muthoot Finance Gold Loan

  • Quick Loans: Muthoot Finance disburses the loan amount to the applicant quickly.
  • Loan Amount: The minimum loan amount that the applicant can avail is Rs.1,500 and there is no limit on the maximum loan amount.
  • Zero prepayment charges: You can prepay the jewelery loan without any prepayment charges.
  • Minimum Documents: Only basic KYC documents for address proof and income proof are required to apply for Muthoot Finance Gold Loan.
  • Flexible Tenure: You can repay your Muthoot Gold Loan with a repayment tenure ranging from 7 days to 36 months as per your convenience.
  • Easy Repayment: You can pay your Gold Loan EMI on a daily, weekly or monthly basis.
  • Safe and Insured: Muthoot Finance keeps your gold in lockers inside the strong room of its branch. It is completely safe.

How to close Muthoot Finance Gold Loan

If you want to close Muthoot Finance Gold Loan, then for this you have to go to the nearest bank branch, you will have to deposit the entire amount and interest rate of the gold loan you have taken in the bank, only after that your gold loan bank will be closed on behalf of and the gold which you have pledged here will be given to you.

Muthoot Finance Gold Loan Customer Care Number

If you are facing any problem or problem in taking Muthoot Finance Gold Loan, then you can solve your problem by calling it on the customer care number, I will give you its customer care number according to the point below, which is as follows

  • Toll Free Number : 9946901212
  • Gujarat & Maharashtra- +91-8000451451

Muthoot finance gold loan calculator

FAQs : Muthoot Gold Loan Online Payment

1. How to repay the Muthoot Gold Loan ?
A- An individual can easily avail the Gold Loan but can also repay it through our multiple payment options. You can repay your gold loan through various options: online payment, app payment and branch payment.

2. How to make the Muthoot Gold Loan interest payment online ?
A- Gold Loan is the best option for you as it provides you quick disbursal and instant approval. The processing of gold loan is very easy for everyone. Gold Loan has different repayment methods, and some of them are – Pay Interest Later as EMI and Principal, Pay Partially.

3. What is the minimum Gold Loan amount in Muthoot Finance ?
A- Apart from the minimum and maximum gold loan tenure, Muthoot Finance also offers the flexibility of maximum and minimum gold loan amounts to its customers. As per the gold loan eligibility, the minimum amount that a customer can avail of the gold loan is Rs.1500.

4. How to contact Muthoot Finance ?
A- Contact Muthoot Finance : 1800 313 1212

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