Avail Instant Personal Loans ✓ Loan up to 25 Lakhs ✓ Quick Disbursal ✓ Minimum Documentation! Apply Now

If you are looking to meet urgent financial obligations, the Muthoot Finance Personal Loan available on Bajaj Markets might be a viable solution for you. Borrow amounts of up to ₹10 Lakhs and fulfil your monetary needs with this multi-purpose loan. Also, benefit from interest rates starting at just 14.50% p.a. and flexible repayment tenures ranging up to 5 years.

Interest Rates and Charges

The Muthoot Finance Personal Loan interest rates and other associated charges are listed below:

Interest Rate

14.50% p.a. onwards

Processing Fee

2% to 4% of the loan amount

Foreclosure Charges

2% to 6% of the outstanding loan amount 

*Disclaimer: The aforementioned rates and charges are subject to constant change at the lender’s discretion. 

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Features and Benefits

High Loan Amounts

High Loan Amounts

Borrow amounts ranging from ₹50,000 to ₹15 Lakhs with this loan

Competitive Interest Rate

Competitive Interest Rate

Enjoy interest rates starting from just 14.50% p.a.

Minimal Documentation

Minimal Documentation

To apply for this personal loan, you just need to scan and submit a few essential documents online

No Collateral Required

No Collateral Required

You don’t need a guarantor or security to get this personal loan

Flexible Repayment Tenure

Flexible Repayment Tenure

Repay the loan over tenures ranging from 12 to 60 months

Quick Disbursal

Quick Disbursal

Post the approval of your loan application, you will receive the funds within 5 working days

Eligibility Criteria and Documents Required

To get this loan, you need to fulfil the following eligibility criteria:

  • You must be a salaried employee working in a Public Sector Unit (PSU) or any reputed organisation

  • Your age 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)


In addition to this, here is a list of documents required during the application process for this loan: 

  • PAN card (Mandatory)

  • Duly filled loan application form

  • Passport-size photographs

  • Identity Proof: A copy of any one of the following 

    1. Passport

    2. Voter ID

    3. Aadhaar card

    4. Driving licence

  • Address Proof: A copy of any one of the following

    1. Aadhaar card

    2. Property Purchase Agreement

    3. Registered Lease Agreement

    4. Utility Bill (not more than 3 months old)

    5. Driving licence

    6. Passport

  • Proof of Income: Any one of the following

    1. Bank account statement

    2. Salary certificate

    3. Salary slip

    4. Form 16

  • Employment Proof: Letter from the company confirming your employment period

How to Apply?

Here is a step-by-step guide to apply for a this loan on Bajaj Markets:

  • Click on the ‘Apply Now

  • Provide your personal and professional details

  • Select ‘Muthoot Finance’ from the list of lender

  • Enter the required loan amount and repayment tenure

  • Select the ‘Submit’ option


After this, a representative will reach out to you for further proceedings.


How much can I borrow with Muthoot Finance Personal Loans?

You can borrow amounts ranging from ₹50,000 onwards to ₹15 Lakhs with the help of these personal loans.

Does Muthoot Finance offer pre-approved personal loans?

Yes, Muthoot Finance offers pre-approved personal loans to existing loan customers. However, the loan is only offered upon the completion of a minimum of 12 EMIs. Thus, the offer is essentially made based on the repayment history of the customer.

Are there any restrictions on the use of the amount borrowed through Muthoot Finance personal loan?

No, there is no restriction on the usage of Muthoot Finance Personal Loans. You can use the loan amount to cover the cost of home renovation, education, travel, weddings, and much more.

How to contact the customer care team of Muthoot Finance?

You can reach out to Muthoot Finance through any of the following ways:

  • Write to: Muthoot Chambers, Opp Saritha Theatre Complex, Banerji Road, Kochi 682018

  • Call on toll-free number: 1800 313 1212 (for East, West, and North India) or 99469 01212 (for South India)

How to track my Muthoot Finance Personal Loan application status?

Monitor the status of your personal loan application by visiting Muthoot Finance’s official website. To track your application online, provide the following details in the form provided:

  • Full Name of the applicant

  • Registered mobile number

  • Applicant's date of birth & PAN Card

  • Loan reference or registration number, if applicable

  • Any other unique number provided by the bank

If online tracking is not feasible, you can also check your personal loan status offline. Contact customer service or visit the branch directly for updates on your loan application.

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