At Muthoot Finance, we are well aware of the customer’s sentiment attached to the ornaments. Thus, we have put in place specialized safe rooms as well as CCTV cameras for the purpose of round-the-clock surveillance in our every branch. We enter the gold items pledged with Muthoot Finance Ltd. into our systems and every submission is locked away in a packaging that is tamper-proof.

So, you can remain worry free and avail a gold loan in an easy process from Muthoot Finance.

The minimum amount of the gold loan range by Muthoot Finance is ₹1500.

You will receive back the gold which you pledge with Muthoot Finance after you repay the loan and the complete amount. If you fail to repay the loan, then Muthoot Finance Ltd will reluctantly auction off the same. The borrowers will receive periodical reminders for payment of overdue interest and after the tenure of the loan, a final Notice before the auction.

Another important thing to know about the gold loan offered by us is that the pledged gold is required to be collected from the branch where it was initially pledged as well as stored.

The loan can be repaid at any Muthoot Finance branch, no matter the location. The CBS system of Muthoot Finance is implemented in every branch and lets customers repay their loan at any particular branch. But, it is important to note that the final collection of the gold needs to be done from the initial branch where it was pledged.

As for partial repayment, you can pay that along with interest at any of our branches or online on our website.

You can repay your loan on gold at any of our branches by cheque, cash, or debit cards (please note that demand drafts and credit cards are not accepted). You can even repay your loan against gold online by using iMuthoot mobile application or Online Webpay facility. To visit our Online Webpay facility, click here.

You can pledge any type of gold ornaments/gold jewellery with us. This includes items like rings, necklaces, watches, bracelets, 'Kardahs,' pendants, 'Polki' sets, and more. You can always consult our executives at your nearest Muthoot Finance branch for the exhaustive list.

There is no minimum tenure of gold loan. However interest is charged for minimum period of 7/15 days depending upon the gold loan scheme chosen.

The maximum tenure is 12 months.

Suggested Read: Choosing the Right Tenure for Your Gold Loan

The only security that is needed from the end of the customer to avail our gold loan is the gold they pledge. There is no requirement for an external/third party guarantor for the same. The loan gets sanctioned against the gold pledged.

Any major Indian citizen is eligible to avail a gold loan from us. All they are required to do is provide the required documents along with the gold ornaments.If you wish to apply for a gold loan with us, visit our nearest branch by searching for ‘Muthoot Finance gold loan near me’ on the web.

Let’s take a close look at the advantages of availing a gold loan from Muthoot Finance, the company that offers the best gold loan in India