Muthoot Mudra Loan Scheme is a loan scheme offered by Muthoot Finance Limited, a leading non-banking financial company (NBFC) in India. The scheme is aimed at providing financial assistance to small business owners, traders, self-employed professionals, and individuals who require funds for their personal or business needs.
A doorstep gold loan service is a facility offered by some lenders, where they send a representative to the borrower's doorstep to evaluate and disburse the gold loan. This service is typically offered by non-banking financial companies (NBFCs) and other financial institutions that offer gold loans.
To get a gold loan, you typically need to provide the following documents:
In India, the Reserve Bank of India (RBI) has issued guidelines for gold loans, which specify the rules for taking a gold loan. Some of the new rules for taking a gold loan in India are as follows:
There are several types of mutual funds, each with its own investment objectives and strategies. Here are some of the most common types:
