Gold loan schemes are financial products that allow individuals to avail of a loan amount by pledging their gold as collateral to the lender. Almost all Indian households hold some amount of gold as security for the future. There’s an age-old tradition of buying and gifting gold to celebrate special occasions.

Applying for a Gold Loan with Muthoot Finance is a simple and easy process that can be completed online. The steps to follow are:

Below are the factors which contribute to the calculation of Interest Rate for Personal Loan

EMI (Equated Monthly Instalment) on Gold Loan is the amount of money you pay every month until the loan is fully repaid. It is calculated using the following factors:

Here are some steps to apply for a PAN card offline:

Meta: Steps to apply for a PAN Card online. These steps guide to apply for a PAN Card online in 10 easy steps.

• Make larger payments: Increasing the amount of your monthly payments can help reduce the overall loan tenure and save on interest costs.
• Prepay the loan: You can also choose to make partial prepayments, which will lower the overall loan amount and reduce the interest burden.
• Choose a shorter loan tenure: Opting for a shorter loan tenure while availing a gold loan will reduce the interest burden and help you repay the loan faster.