A gold loan is one of the quickest and easiest ways to obtain cash for personal needs, company needs, and so on. The gold loan process is easy, and the loan amount is determined by the purity of the gold. A gold loan, like any other form of loan, can be returned in monthly instalments over a certain period of time, backed by an interest rate. Your gold jewellery or goods are returned to you once the loan amount has been repaid.

The loan shall be disbursed on executing the necessary documents and completion of the formalities regarding creating a charge over the security offered by the borrower. You can apply for the acknowledgement letter for the gold loan, and the borrower shall be given notice of the same with full particulars about the remaining claims and the conditions under which the company is entitled to retain the securities till the relevant claim is settled or paid.

Any Indian citizen above the age of 21 years old can apply for a gold loan. A gold loan is an excellent option to meet short-term financial needs. The gold loan application process is extremely simple; you may apply online or visit the local Muthoot Finance branch.

For Muthoot Finance’s loan against jewellery, there are two factors that affect the jewel loans, namely – eligibility and value of gold per gram for jewel loan. While the eligibility criterion is depended on the weight and purity of the customer’s gold jewellery; the value of gold per gram for loan against jewellery depends on the purity (22, 24, etc., karats) and the rate of gold on the particular day. 

For availing Muthoot Finance’s jewel loan, the main criterion is the weight of your gold ornament and its purity. We offer an online loan calculator that allow customers to calculate the weight, purity, and the EMI amount. Customers will have to put in basic details like type of gold, etc., basis which the eligibility will be shown. For the exact calculation and eligibility of Muthoot Finance’s jewel loan, please get in touch with us.

Muthoot Finance is one of the leading non-banking financial corporations in India for loan against gold jewellery. Availing Muthoot Finance’s jewel loan will give you a plethora of benefits. Minimal documentation, low interest rates, quick disbursal of loan, flexible repayment tenure, 24x7 customer care support, and various gold loan schemes are some of the major benefits that are offered by us.

The gold loan interest rate at Muthoot Finance is dictated by several factors, such as the loan amount, loan tenure, loan required, and the value of the gold you can pledge with the bank. To check the current gold loan interest rate visit the Muthoot Finance website or rush to the nearest branch.

Muthoot Finance has many tools to navigate its customers in the process of availing of a gold loan. An applicant can use the online gold loan rate calculator on the Muthoot Finance website to give an approximate value of the interest rate. The online EMI value depends upon the interest rate and the tenure of the gold loan the applicant has chosen.

You can exchange foreign currencies online in a simple 4-step process:

• Register on the website using your mobile number and sign into your account.
• Place your order by selecting the service, currency, and amount.
• Block the forex rate by making a partial payment or simply pay the complete amount.
• Choose doorstep delivery or pick-up at the branch to complete the transaction.

You don’t have to depend on simple searches for “money exchange near me” for forex for the dollar (US), Euro, or any other currency, as Muthoot Finance’s wide network of more than 5330 branches makes it easy to exchange foreign currencies near you. Use our online branch locator to search for all the branches near your location and choose the branch you can reach conveniently.