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

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 and fulfill all your needs.

Features and Benefits of Muthoot Finance Personal Loan

  • Loan Amount: Depending on your requirement, you can apply for a Muthoot Finance Personal Loan, ranging from Rs. 50,000 to Rs. 10 Lakhs.

  • Competitive Interest Rates: You can avail a Personal Loan at an interest rate starting at 14.5% p.a.

  • No Rigorous Documentation: Yes! Just a few documents are needed and the loan is yours.

  • No Collateral Required: It’s true! You don’t need a guarantor to avail the Personal Loan.

  • Flexible Repayment Tenure: The tenure ranges from 12-60 months, and you can choose it as per your suitability, thus reducing the burden of EMI payment significantly.

  • Quick Disbursal: Post the verification of your loan application, you will receive the funds in 5 working days.

Muthoot Finance Personal Loan Interest Rate & Charges

Personal Loan Interest Rate

14.50% p.a. onwards

Processing Fee*

2% - 4% of the loan amount sanctioned

Loan Tenure

12 months – 60 months

*The charges are subject to policy changes of Muthoot Finance.

Muthoot Finance Personal Loan: Eligibility & Documents

Personal Loan Eligibility Criteria

  • 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 of the applicant must be between Rs. 20,000 – Rs. 30,000 per month (subject to the employer).

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

Personal Loan Documents Required

  • 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 applicant

Calculate Your EMI for Muthoot Personal Loan

Do you worry that EMI payment can hamper your monthly budget? Not anymore. Calculate your EMI beforehand with the Personal Loan EMI Calculator available on Finserv MARKETS and plan your finances better.

Calculate Personal Loan EMI

Loan Amount
Tenure
  • Months
  • Years
Rate of Interest
%

Your monthly EMI is

at % interest rate for months

Total Amount Payable
Principal Amount
Total Interest
Year Principal Interest Balance

How to Apply for a Muthoot Finance Personal Loan

It’s now simple to apply for a Muthoot Finance Personal Loan at Finserv MARKETS. Here’s how:

  • Online Form Filling: Enter your personal and income details.

  • Select your Lending Partner: From the list of Personal Loan partners, select Muthoot Finance.

  • Specify Personal Loan Details: Enter the Personal Loan amount and repayment tenure as per your choice.

  • Approval & Disbursal: Get instant approval on the loan and money in only 5 days.

Why Choose Finserv MARKETS for Muthoot Personal Loan

  • Fast Online Processing: The Personal Loan application process is carried out digitally. You get instant approval on your loan and money in your bank account in 5 working days.

  • Minimal Paperwork Involved: You can get the loan with minimal documentation.

  • Transparency: Rest assured that you will be charged with absolutely no hidden charges.

  • Custom-made Loans: Get the best Personal Loan offers that meet your requirements, here. No need to look elsewhere!

  • Trusted Companion: Customers across India have chosen Finserv MARKETS as their trusted financial partner for Personal Loan. It's your turn now!

Know How Muthoot Personal Loan Can Help You

Muthoot Finance Personal Loan can be used for varied purposes, depending on your requirement. Following are its uses.

  • Travel: The Personal loan can be used for travel purposes, booking hotels or any other form of accommodation, buying tickets and even shopping to your heart’s content.

  • Home Renovation: You can avail the Personal Loan to refurbish your home and give it a complete makeover. Be it upgrading your furniture, adding vibrant color to your home, or even extension, the loan will cover all your costs.

  • Education: Muthoot Finance Personal Loan will help you fulfill your dream of letting your child study in esteemed universities of the world.

  • Wedding: Your most special day i.e., the wedding day should create a lasting impression, isn’t it? Personal loan will help you do so. From the venue, cuisine, attire to gifts, the loan will only make your wedding day perfect.

Muthoot Finance Customer Care Details

In case you require any form of assistance with regards to Muthoot Finance Personal Loan, you can reach out to Muthoot Finance through the following ways:

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

Contact Number: 080-68436919

Frequently Asked Questions

  • ✔️What is the turn-around time for a Muthoot personal loan?

    Several factors such as the applicant’s credit profile, loan amount, and submitted documents, among other things, determine the turn-around time for Muthoot Finance personal loan. Hence, the time taken to approve and disburse the loan varies depending on the requisites.

  • ✔️What are the upper and lower limits for Muthoot Finance personal loans?

    The upper and lower limits for Muthoot Finance personal loans are different for metro and non-metro locations. Applicants from the metro and non-metro locations can avail a personal loan ranging from ₹50,000 onwards to ₹ 10 lakh.

  • ✔️Does Muthoot Finance offer pre-approved personal loans?

    Yes, Muthoot Finance pre-approved personal loans are available 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.