Muthoot FinCorp Gold Loan schemes are designed and developed to meet the life cycle and emergency needs of the common man. Muthoot Easy Blue Gold Loan is the first set of variants applicable in the below Rs 1L loan tickets. The scheme supports to meet the minimum and basic fund requirements of the Common Man for his day -to -day activities.
Key Features of Muthoot Easy Blue
- Loan amounts Upto ₹ 1 Lakh
- Interest rates starts from 18% p.a.
- Tenure up to 12 months
Other Features:
- Payments can be done on a daily, weekly or monthly basis.
- Bullet payment of principal amount along with interest - you can choose to make one lump sum payment to repay the principal amount and interest
- Nominal processing fee
- Simple documentation and KYC procedures
- Interest applicable on diminishing principal balance basis
- Simple Interest calculation method
- Interest for a minimum period of 7 days will be charged at applicable interest
rate if pre closed before 7 days.
First-hand account of customer experiences
MUTHOOT BLUE SOCH STORIES
Namaste! I am Chirumamilla shobha. I am staying at Road No 10, Triumulanagar, Hyderabad, very near to Muthoot Blue BN Reddy branch. In 2015, I planned to purchase land to construct my own house independently. During land registration I needed extra Rs. 2 Lakhs. I visited Muthoot Blue branch and received Gold loan of Rs. 2 lakhs within 15 minutes. Now I am at my own house! Second instance that I’d like to share with you is UPSC-IRS coaching of my Son. ...
In 2012 our family was in a difficult financial situation, and I had to make tough decisions for the sustenance of my family. It was at that time that I got introduced to Muthoot Blue. The staff there helped me source a loan against my gold, with which I started my Saree Business. Later I was given a SME loan based on the progress of the same business. ...
I am Parvathi. I am into door to door coconut oil selling business. When I started business, I had a lot of investments that I had to make, but money lenders such as banks, pawn shops, etc. had very high interest rates, and I was unable to avail the same. During this time, I was approached by Muthoot Blue and they offered me products that suited my exact needs and helped my grow my business. I have been taking Gold loan from Muthoot Blue for the past 4 years for my business development. ...
Namaste! My name is Ramesh Naidu. I stay in Anuradha residency, High school road, Ramavarrapadu, Vijayawada. On 20th Nov 2017, at 12:40 pm my mother G.Satavathi aged 74 had a brain stroke & got admitted in the hospital. I was running to arrange money for my mother’s hospital expenses. Finally, I approached MFL branch for Gold Loan and I got the loan immediately and was able to treat my mother. ...
I approached Kaniyapuram Muthoot Blue for a loan. I was a regular customer of Kaniyapuram MFL. They approved a gold loan for me quickly. With that amount and my savings from my previous business I started a small bakery near by MFL branch. The business has grown in a short span of time. Initially I was running the business alone, Now I have 7 staff to support me. ...
When we thought of expanding our business, branch manager counselled me regarding the gold loan that I could avail. My wife also helped me in taking decision of gold loan as I was fully assured of safety of my gold. Till 14th of Feb I have taken gold loan 12 times on a regular basis and repaid the same on time. Followed by the gold loan I also took gold coin when I got to know about this scheme and now, I am the owner of the gold coin too. ...
Blue Soch – Brand Showcase
Why Choose Muthoot Easy Blue?
Muthoot Easy Blue Gold Loan is designed to make it easy for you to reach for your fund requirements for your day to day and emergency needs !.
- A Gold Loan Scheme designed to suit day-to-day and emergency needs of the customer by providing easy and quick liquidity
- Applicable for anyone who meets basic eligibility requirements and has immediate fund requirements .
- More suitable for smaller amounts in the range from Rs 1000/- to below Rs 1Lakh.
- Attractive lower Interest rates for those who can pledge higher quantum of Gold Security.
- We multiple Lower Interest-Lower LTV variants under Easy Blue scheme.
- Simple Interest calculation on daily diminishing principal balance basis.
- Best suited for those who can pay prompt monthly Interest.
- Flexible repayment options.
- Pre closure and part withdrawals permitted.
Muthoot Blue (Muthoot Pappachan Group) has a reputation that has been shaped over decades with high-quality practices, total customer satisfaction, and steady growth. Today, Muthoot FinCorp, our flagship company, is one of the largest NBFCs in India and we continue to work with the aim of providing timely credit to common man
- We have over 3600 branches across India. Visit your nearest Muthoot Blue branch to get a loan quickly and without any hassle.
- Nearly 1,00,000 customers walk into our branches daily and are assured of trustworthy and simple services.
- Our customer-centric approach and innovation over the past 133+ years without compromising on the God-given values of trust, truth, transparency and tradition is what helps us in empowering the human ambitions.
Visit your nearest Muthoot FinCorp branch now to get an instant Muthoot Easy Blue Gold Loan!
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