Gold Loan in Chennai
Gold loans in Chennai is a popular credit solution for most, owing to their affordable interest rates and flexible repayment tenures. Gold loans are one of the smartest and easiest ways of securing money in times of any financial emergency. Simply mortgage your gold assets as collateral at Muthoot FinCorp and avail a quick loan of up to 75% of the current value of your gold items.
Muthoot FinCorp safeguards your assets and returns your collateral as soon as you repay the loan. Help yourself to immediate funds with Muthoot FinCorp’s gold loans right away.
What are the Features & Benefits of Gold Loan in Chennai?
Take a gold loan in Chennai to avail the following benefits:
- Minimum documentation- Muthoot FinCorp requires you to submit minimum documents to apply for a gold loan. Just your Adhaar Card and PAN Card are enough to get an instant Gold Loan from us.
- Varying interest rates- Muthoot FinCorp has different interest rates for different amounts of gold loans. The low interest gold loan in Chennai also varies according to the loan repayment tenure and loan amount.
- Flexible loan repayment tenure: Borrowers enjoy a flexible loan repayment tenure. Thus, they can quickly pay off their debt through installments without facing any financial burden.
Best Gold Loan Interest Rate in Chennai
Gold loan per gram in Chennai comes at varying starting at 11.99% per annum. Muthoot FinCorp also equips the customers with the tools for them to make an informed decisions. Use the gold loan calculator to understand your loan plan, and tenure and choose a suitable scheme easily. Muthoot FinCorp, one of the leading gold loan companies in Chennai, has a portfolio of several gold loan schemes like the Muthoot Blue Guide, Muthoot Easy Blue, Easy Max, Easy Pro, Easy Plus, and more, chosen by the customers as per their requirements.
Our Presence in Chennai:
While preserving its heritage and history, Chennai is one of the modern cities in India. It has been consistent in harbouring and nourishing technological innovations for various industries. The cultural hub of South India, Chennai increasingly promotes arts and crafts in the state. Gold is a popular investment avenue for Chennai residents. To offer easy gold loans in Chennai, Muthoot FinCorp extensive network of 80+ branches.
What are Eligibility Criteria to Avail Gold Loan in Chennai?
Taking a low interest gold loan in Chennai from Muthoot FinCorp is extremely easy. Borrowers simply need to meet the following eligibility conditions:
- The borrower must be between the age of 18-65 years
- They should be resident citizens of India
- The gold items kept as collateral must be between 18-24 karats.
What Documents are Required to Take a Gold Loan Per Gram?
Aiming to be accessible to all gold loan borrowers in Chennai, Muthoot FinCorp offers gold loans at minimal documentation.
- The documents required for taking a gold loan per gram in Chennai are as follows-
- Identity proof: Aadhaar card, PAN card, Voter’s ID card, or driving license.
- Address proof: Aadhaar Card, Voter’s ID card, electricity or gas bills.
- The documents required to apply for a gold loan vary from institution to institution. However, Muthoot FinCorp ensures a hassle-free gold loan process by limiting the number of necessary documents.
How to Apply for Best Gold Loan in Chennai?
Applying for the best gold loan in Chennai is extremely easy and hassle-free. Here are the steps to follow:
- Visit Muthoot FinCorp’s website and navigate to the gold loan section. Take a look at all the schemes, their tenure, interest rates and eligibility conditions.
- Choose the most suitable gold loan scheme. You can also use the gold loan eligibility calculator to come to this decision.
- Bring your gold and required documents to the nearest Muthoot FinCorp branch. Use the branch locator tool on our website to find your nearest branch.
- Submit the application form and gold for testing and evaluation.
- Once the gold is evaluated and the loan is approved, the amount is disbursed instantly.
Why Muthoot FinCorp is the Best Option for Gold Loan in Chennai?
Muthoot FinCorp is the most preferred gold loan lending partner in Chennai. Here’s why:
- Hassle-free processing- Muthoot FinCorp offers a quick and easy loan application process, involving minimal documentation
- Flexible interest rates and tenures- Muthoot FinCorp has offers multiple gold loan schemes to suit every borrower. Borrower can choose their tenure, interest rate and loan scheme to have a stress-free loan experience.
- Safe and secured- Borrowers need not worry about the safety and security of their gold. All gold items are kept secured in vaults, monitored by CCTV cameras 24×7.
Where To Get Gold Loan in Chennai?
Muthoot FinCorp is one of the most trusted gold loan lending partners in Chennai, chosen by thousands of borrowers every day. Individuals can walk into any of the Muthoot FinCorp branches and avail of gold loans instantly. Muthoot FinCorp also helps borrowers find their nearest branch through their branch locator tool. They simply need to input their state, city, and locality to get a list and information of their nearest Muthoot FinCorp branches.
Frequently Asked Questions
MUTHOOT FINCORP BRANCHES IN CHENNAI
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Muthoot FinCorp Ltd.
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St Xavier Street
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No 11, Ground Floor St Xavier Street Chennai – 600001
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Open until 05:30 PM
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Muthoot FinCorp Ltd.
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Mylapore
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No 62 & 63, New No 123, 1st Flr, Subash, No 125, Kutchery Road Mylapore Chennai – 600004
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Open until 05:30 PM
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Muthoot FinCorp Ltd.
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Triplicane
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No 39/1, 1st Floor, Ellis Road, Kuppu Muthu Street Triplicane Chennai – 600005 Near Srinivasa Hotel
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Open until 05:30 PM
Find Muthoot FinCorp Gold Loan Branch near you – Locate Now
First-hand account of customer experiences
MUTHOOT BLUE SOCH STORIES
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. ...
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. ...
I have been a Muthoot Blue customer since the last two to three years. I have taken a gold loan and made use of the EMI facility for buying gold. Providing gold to people like me through easy options is indeed great. I even have a health policy from Muthoot. ...
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. ...
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. ...
One day i saw Saharanpur team of Muthoot FinCorp doing marketing activity in my area, talking about being self-enough by getting funded at his gold at nominal rate. The idea of getting instant loan on gold without any collateral supported my dream of mushroom business. In 2008, I met Saharanpur branch and expressed my desire of loan on gold. On my first visit I got a loan of 1.2 lakh which i repaid in time. On 19 of Oct 2014, I again took 2.90 lacs of loan as a second booster to my business. Meanwhile during coffee with Muthoot, i got to know about gold coin which I can avail with easy payment option which I took and payed off easily. ...
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. ...
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