Gold is a prized asset with many uses, one of which is that it can serve as collateral for a gold loan. One of the top institutions offering this instrument is Muthoot Fincorp One, an SBU of Muthoot Fincorp Ltd. With a Gold Loan from Muthoot Fincorp One, you can affordably meet your short- and long-term needs.
The Muthoot Fincorp One Gold Loan starts from as low as ₹15,000. It also comes with a flexible repayment tenure and the doorstep facility, allowing you to get the funds you need without any hassles. So, why wait! Apply for Muthoot Fincorp One Gold Loan on Bajaj Markets.
The Gold Loan by Muthoot Fincorp One has an interest rate starting at 0.83% per month, which is among the most affordable rates. Furthermore, there are nil processing fees associated, making the loan a lot more affordable.
Parameters |
Muthoot Fincorp One Gold Loan |
Interest Rate |
Starting from 0.83%* per month |
Associated Charges |
Processing fee: Zero |
Repayment tenure |
3 months – 12 months |
Loan Amount |
Starting from ₹15,000* |
*T&C Apply
It is important to remember that the interest rate may change depending on a few factors, including the loan terms. So, read these terms carefully to ensure that the loan terms align with your financial plans.
With digitisation, availing gold loans is easy and quick. In fact, you can apply for the Muthoot Fincorp One Gold Loan on Bajaj Markets without any hassles. Here are the easy steps to follow:
Step 1: Navigate to the ‘Gold Loan’ tab under the ‘Loans’ section.
Step 2: Click on ‘Apply For Gold Loan’.
Step 3: Fill out the form with required information like name, mobile number, and date of birth. Also, enter the required loan amount and pin code.
Step 4: Submit the form.
After you submit the form, a representative will contact you regarding the loan details and further procedures.
Before applying for any gold loan, including a Gold Loan by Muthoot Fincorp One, understanding the eligibility is crucial. By knowing whether you are eligible, you can improve your chances of getting approval.
The Muthoot Fincorp One Gold Loan has relatively easy eligibility criteria, as you are only required to be above 18 at the time of application. This makes the loan more accessible, allowing you to acquire the needed finances quickly and easily.
To avail a Muthoot Fincorp One Gold Loan, you will need to submit identity proof and address proof. For both, you can submit either of the following documents:
Aadhaar card
Driving licence
PAN card /Form 60
Voter ID
Passport
Cancelled cheque/front page of your bank passbook
You will also need to submit the following:
Lease agreement
Utility bill
It is important to remember that, in some cases, you may be required to submit additional documents. However, the representative will inform you of any additional documents required before you apply.
Listed below are the top features and benefits you can enjoy by availing a Gold Loan by Muthoot Fincorp One:
With a Muthoot Fincorp One Gold Loan, you can enjoy a repayment tenure of 3 – 12 months. This helps you manage repayment of the loan without any stress.
Higher loan-to-value ratio helps you make the most of your asset and avail the funding you need without compromise.
The doorstep facility saves you from visiting the branch and allows you to get funds from the comfort of your home. Once you set the appointment, a representative will come to your home to collect the gold.
With interest rates starting at 0.83% per month, the Gold Loan by Muthoot Fincorp One is among the more affordable options to finance for short and long-term needs.
Your gold with Muthoot Fincorp One will be stored in a secure facility at a branch near you, ensuring safety and access whenever needed. Moreover, your gold is insured for an added layer of security.
Comparing different loan offers is crucial in ensuring you get the best deal in terms of interest rates and the loan amount. Given below is a table of comparison for Gold Loan by Muthoot Fincorp One and other financial institutions:
Our Partners |
Interest Rate Range |
9.50% p.a. - 28% p.a. |
|
8.28% p.a. onwards |
|
9.96% p.a onwards |
Disclaimer: The above details are subject to change as per the policies of the financial institution.
To contact Muthoot Fincorp One customer care, visit the official website and fill out the form under the ‘Contact us’ tab. A representative will get back to you. You can also try calling +91 8447827817 or write an email at care@onemuthoot.com for the same.
Yes, you can get a gold loan from home if you choose the option while filling out the form. A representative will visit and guide you through the process.
The loan amount you can avail depends on the value of your gold. Muthoot Fincorp One offers a high loan-to-value ratio, ensuring you make the most of your asset.
You can avail gold loan against gold jewellery with purity above 18 carats.