Muthoot Finance Personal Loan

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.

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

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

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.

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.