Muthoot Finance Personal Loan

Need a loan to meet your requirements? Look no further. Muthoot Finance Personal Loan is the perfect solution for you! With a loan offering of up to Rs. 10 Lakhs, you can apply for Personal Loan only at Bajaj Markets. 

Disclaimer: The interest rate and charges mentioned in the table above are indicative and subject to change at the lender’s discretion.

As mentioned above, Muthoot Finance provides personal loans at competitive rates, which makes them an attractive option for many. The Muthoot Finance personal loan interest rate starts from as low as 14.50% per annum. 

However, when applying for a Muthoot Finance personal loan, compare interest rates from other lenders. This would help you to make an informed decision about which lending option may be the best suited to your financial requirements.  

Moreover, note that the interest rates offered on Muthoot Finance personal loans are generally higher than gold loans that the same lender offers.

The following table depicts the processing fees and other charges applicable to Muthoot Finance online personal loans:

Disclaimer: The processing fees and other charges are subject to change as per Muthoot Finance’s policy changes.

In order to avail of this loan, you need to fulfil the following Muthoot Finance personal loan eligibility requirements:

• The applicant must be a salaried employee working in a Public Sector Unit or any reputed organisation

• The age of the applicant must be between 23 and 60 years

• If residing in a metro city, the minimum net monthly income must be between ₹20,000 – ₹30,000 per month (subject to the employer)

• If residing in a non-metro city, the minimum net monthly income must be between ₹15,000 – ₹25,000 per month (subject to the employer)

Here is a list of documents required for a Muthoot Finance personal loan: 

• PAN Card (Mandatory)

• Completely filled out loan application form

• Passport Size Photographs

• Identity Proof: A copy of Passport/ Voter ID/ Aadhaar / Driving License

• Address Proof: A copy of Aadhaar Card/ Property Purchase Agreement/ Registered Lease Agreement/ Utility Bill (not more than 3 months old)/ Driving License/ Passport

• Proof of Income: Bank Account Statement/ Salary Certificate/ Salary Slip/ Form 16

• Employment Proof: Letter on company letterhead confirming the employment period of the applicant

The following table shows the interest rates at which different banks and NBFCs offer personal loans

Disclaimer: The interest rates in the above table are indicative and might change depending on the bank or NBFC.

If you require any form of assistance with regards to Muthoot Finance personal loan, you can reach out to them through the following ways:

• Email: plcustomersupport@muthootgroup.com, cs@muthootgroup.com

• Contact Number: 080-68436919