Mattu & Mittu

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Online Gold Loan

The facility enables our customers to withdraw amounts from their account within the sanctioned limit through internet banking at their own convenience through our WebPay domain under the tab ‘Online Gold Loan’. To get themselves registered for Online Gold Loan, the customers will have to fill up an online form available at our WebPay domain at The customer will have to visit the branch only once for pledging gold and other proceedings.


When the customer uses the Online Gold Loan facility, an account is created and the loan amount is credited instantly to savings bank account registered with the branch for transactions done during banking hours (NEFT/RTGS timing).

Salient features of our Online Gold Loan Facility:

  • 24x7 online gold loan and payment facility
  • Instant processing
  • Top-up facility
  • Interest charged on Daily Balance
  • Multiple withdrawal facility
  • Give Missed Call on 08040751515 and get updates on your Loan Accounts via SMS
  • Pay Interest and Part Payment Online and get a chance to win exciting prizes


GOLD LOAN schemes

Scheme rate of interest
Slab Period/s Kerala Other South
Indian Branches
All other
Muthoot Bestvalue Loan (MBL) Upto 1 month 14% p.a. 14% p.a. 14% p.a.
>1 Upto 3 months 18% p.a. 18% p.a. 18% p.a.
>3 Upto 6 months 21% p.a. 21% p.a. 21% p.a.
>6 Upto 12 months 24% p.a. 24% p.a. 24% p.a.
Muthoot Mahila Loan (MML)* Upto 1 month 12% p.a. 12% p.a. N.A.
>1 upto 3 months 15% p.a. 15% p.a. N.A.
>3 upto 6 months 20% p.a. 20% p.a. N.A.
>6 upto 12 months 24% p.a. 24% p.a. N.A.
Muthoot Super Loan (MSL) Upto 12 months 22% p.a. 23% p.a. 23.5% p.a.
Muthoot Premier Loan (MPL) Upto 12 months 21% p.a. 22% p.a. 22.5% p.a.
Muthoot Advantage Loan (MAL) Upto 3 months 18% p.a. 18% p.a. 18% p.a.
>3 Upto 6 months 21% p.a. 21% p.a. 22% p.a.
>6 Upto 12 months 24% p.a. 24% p.a. 24% p.a.
Muthoot Highvalue Loan (MHL) Upto 3 months 17% p.a. 17% p.a. 17% p.a.
>3 Upto 6 months 19% p.a. 19% p.a. 19% p.a.
>6 Upto 9 months 20% p.a. 20% p.a. 20% p.a.
>9 Upto 12 months 22% p.a. 22% p.a. 22% p.a.
Muthoot Overdraft scheme (MOS) 12 months 19% p.a. 19% p.a. 19% p.a.
Muthoot EMI Scheme (MES) >6/12 instalments 21% p.a. 21% p.a. 21% p.a.
Interest is charged on monthly compounding basis.Documentation charge of Rs.1500/- is chargeable for limits sanctioned under MOS scheme.Late payment charges are applicable for loans under MIS Scheme@24% p.a. for delay in payment of EMIs.
Processing charges are applicable for loans under MHL scheme as below:
Kerala & Other South Indian Branches 0.50% of the loan amount irrespective of the loan amount
All other branches 1% of the loan amount for loans below Rs.10 lakhs
0.5% of the loan amount for loans of Rs.10 lakhs & above and upto Rs.25 lakhs
0.25% of the loan amount for loans of Rs.25 lakhs and above
Rebate of interest is available for prompt payment of interest in MSL, MPL & MAL schemes as mentioned below
Scheme Kerala & Other South Indian Branches All other branches
MSL Rebate 2%/1month Rebate 2% /1 month
Rebate 1% /3 months Rebate 1% /3 months
MPL Rebate 2%/1month Rebate 2% /1 month
Rebate 1% /3 months Rebate 1% /3 months
MAL Rebate 4%/1month N.A.
Rebate 1% /3 months
Penal interest @2% p.a. is chargeable in addition to the interest as above on loans outstanding for more than 12 months.
* Available in selected branches

Gold Loan Schemes

Scheme Slab Periods Rate of Interest

*Please understand the amount of interest is only suggestive. it depends upon the purity and quality of gold

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  • What is a Gold Loan?

    A gold loan is a loan which is secured against gold ornaments. A borrower pledges their gold ornaments with the lender in exchange for funds. Therefore, it is a loan which is granted against a certain physical security of gold. Gold loans have successfully enabled thousands of people to mobilize their personal assets, which would've otherwise simply been kept away in a locker.

  • What are the benefits of talking a Gold Loan from Muthoot Finance Ltd.?

    Customer oriented Services
    Quick Loan disbursal
    Avail minimum loan amount of Rs. 1500 and no maximum limit
    Pre-payment option-without any penalty
    Minimal documentation
    In-house gold evaluation
    Improves customer service in a shorter response time
    Strong rooms for providing safe custody for gold ornaments

  • Who is eligible to avail a Gold Loan?

    Any major Indian citizen can borrow. All they need to provide are the gold ornaments and the required documents.

  • What type of security do I need to provide? Do I need a guarantor?

    The only security which is required from the customer in order for them to avail a gold loan from Muthoot Finance Ltd. is the very gold they pledge with Muthoot Finance Ltd. itself. There is no need for an external/third party guarantor for the same. The loan will be sanctioned against the gold pledged.

  • What is the minimum/maximum tenure of the gold loan?

    The minimum tenure for our gold loan is7 days and maximum tenure for our gold loan is 12 months ( Normal Schemes) and 36 months ( EMI based Scheme), each loan has a different tenure (please refer to table below).

  • What type of gold can I pledge to avail the gold loan?

    You can pledge any type of gold jewellery/gold ornaments with us. This includes items such as necklaces, rings, bracelets, watches, 'Polki' sets, pendants, 'Kardahs', etc.

  • How can I repay my loan? What different options are available for the repayment?

    Our gold loans can be repaid in a flexible manner. You must repay the loan at any of our branches by cash or cheque. (credit/debit cards and demand drafts are not accepted).

  • Where do I repay my loan and can partial payment be made for the gold loan?

    The loan can be repaid at any Muthoot Finance Branch, irrespective of the location. Muthoot Finances CBS system is implemented in all branches and allows the customers to repay their loans from any branch. However, final collection of the pledged gold will have to be from the initial branch where it was pledged. Also, One can make partial payment along with interest at any branch of Muthoot Finance/ Online on our website. For eg. If one has a gold loan of a lakh rupees for a period of 3 months. He/she may come on 20th day from the start of the loan and pay 20 days interest and an additional Rs.10000.00 (part payment), then this additional amount will be fully adjusted from the principal amount and from 21st day the interest will be charged on Rs.90000.00

  • How and when can I get back the pledged gold jewellery/ornaments?

    The gold which you pledge with us will be given back to you after the loan and the complete amount has been repaid. Failure to repay the loan will result in Muthoot Finance Ltd. reluctantly auctioning off the same. The borrower will be given periodical reminders for payment of overdue interest and after the tenure of loan, a final Notice before the auction. As mentioned earlier, the pledged gold has to be collected from the branch where it was initially pledged and stored.

  • What is the minimum limit on your gold loan?

    The minimum amount of our gold loan range is Rs.1500

  • Is my Gold jewellery/ornaments safe with Muthoot Finance Ltd.

    Yes it is. We understand the sentiment attached to your ornaments and therefore we have installed specialized safe rooms and CCTV cameras for around the clock surveillance in all of our 4400 plus branches. The gold items pledged with Muthoot Finance Ltd. are entered into our systems and all submissions are locked away in tamper proof packaging.

  • What is the maximum limit on the gold loan?

    There is no maximum limit.

  • How can I apply for a Gold Loan with Muthoot Finance Ltd.

    In order to receive funds against your gold ornaments with Muthoot Finance Ltd. you will have to walk into any of our branches and inform the customer care executive of the same. The executive will then have you fill out a KYC form and guide you through the rest of the process.

  • How much can I expect for my gold?

    This depends on the rate of gold on that date and the purity of gold in the ornaments. This answer can best be answered by your Nearest Muthoot Finance Branch.

  • I need some more information, how can I contact Muthoot Finance Ltd.?

    You can reach us at 011 3051 3051, or click here for contact us page . You can also voice your concerns on our facebook andtwitter pages

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why us

We are India's No.1 - Most Trusted Financial Services Brand, according to the Brand Trust Report 2019, 2018, 2017 & 2016 consecutively. We are also the largest Gold Financing Company in India in terms of loan portfolio, according to the 2015 update to the IMaCS Research & Analytics Industry Reports, Gold Loans Market in India, 2015 ("IMaCS Industry Report, (2015 Update)"). We provide personal and business loans secured by gold jewellery, or Gold Loans, primarily to individuals who possess gold jewellery but could not access formal credit within a reasonable time-frame, or to whom credit may not be available at all, to meet unanticipated or other short-term liquidity requirements.

  • 25000


  • 4500+

    Branches spread over 23 states and 6 Union Territories

  • 6 million

    Customers in our portfolio

  • 132 year