Minimum Loan Amount @ Rs.1000
Competitive Interest Rate
Minimal Documentation with Quick Approval
Express Speed of Sanction
We Keep your Gold Safe & Secure in Locker
A gold loan is a secured loan that borrowers can avail funds from Muthoot FinCorp by pledging their gold jewellery as collateral. A Gold loan can be an easy solution to all your financial needs such as for agriculture, medical emergencies, educational purposes and so on. Enjoy quick gold loan processing and approval. No income proof or credit checks are required for the gold loan. The Gold Loan from Muthoot Fincorp offers various options with flexible repayment terms.
Walk into your nearest Muthoot Fincorp’s branches, submit your gold with your KYC documents and take the loan in one visit. Our experience in providing instant gold loans to our valued customers for years make us one of the preferred gold loan companies in India.
Calculate Your Gold Loan Amount
Find out how much loan amount you will receive against your gold jewelry.
Note:
1. This is based on 22 carat gold value
2. Interest rates for Schemes with maximum permissible LTV
3. Scheme details are approximate. Visit your nearest Muthoot FinCorp branch for exact details.
Note:
1. This is based on 22 carat gold value
2. Interest rates for Schemes with maximum permissible LTV
3. Scheme details are approximate. Visit your nearest Muthoot FinCorp branch for exact details.
Muthoot FinCorp’s Gold Loan Schemes
Muthoot FinCorp offers the best portfolio of gold loan schemes for you to meet all kinds of financial needs.
| Name of Gold Loan Scheme | Interest Rate (per annum) | Loan Amount | Tenure |
|---|---|---|---|
| Restart India Pradhan | 11.99% | Rs.8 lakh to Rs.20 lakh | 9 Months |
| Restart India Pradhan | 12.99% | Minimum Rs.5 lakh | 9 Months |
| Easy Pro 2 | 16.00% | Minimum Rs.3 lakh | 9 Months |
| Easy Pro | 18.00% | Rs.3 lakh to Rs.499999 | 12 Months |
| Easy Blue 2 | 18.00% | Rs.1000 to Rs.99,999 | 12 Months |
| Easy Max 2 | 18.00% | Minimum Rs.1 lakh | 9 Months |
| Easy Max | 21.00% | Rs.1 lakh to Rs.299999 | 12 Months |
| Super Value Gold Loan | 23.00% | Applicable through all ticket sizes | 12 Months |
 Gold Loan Schemes |
EMI Gold Loan Schemes |
LendingKart, Datasigns and MyLoanCare are our strategic partners for Gold Loan business-wide digital medium.
Key Benefits and Features of Gold Loan
Muthoot FinCorp Gold Loan offers various benefits and features, which makes it the ultimate solution to all your financial needs:
Flexible Repayment
Flexible repayment options, payment of interest on a monthly basis
Special schemes
Special schemes to suit your needs
Attractive interest
We offer attractive interest rates on Gold Loan
Quick approval
Get quick approvals with minimum paperwork
Maximum Loan to Value
Get upto 75% Loan value of the gold pledged from Muthoot FinCorp
TENURE
Maximum tenure varies from 9 to 24 months.
Hassle free loans
Quick and convenient processing
Easy documentation
Easy and simple documentation
NOMINAL PROCESSING FEES
Begins at just Rs 20 inclusive of GST based on the chosen scheme
Our Gold Loan eligibility Criteria
In order to find out if you meet our gold loan eligibility, you have to fulfill the following conditions after which we process your loan.
01
Age between 18 yrs to 80 yrs
02
Ownership of Gold Ornaments to be pledged
03
Loan Amount: Minimum Rs 1000/-
( Net wt. 0.5gm).
Document Required for Gold Loan
Submit any of these documents to get a loan against gold instantly.
- KYC documents:
PAN Card, Driving License,Passport/ Voter’s ID Card/ Aadhar Card or valid
- ID proof Address Proof:
Electricity or water bills, Voter’s ID, Aadhar Card, Rent Agreement, Bank Statement
Interest Rates and Charges
Muthoot FinCorp offers a variety of gold loan schemes with lowest interest rates to suit every borrower’s needs. Our processing fees are also as low as Rs 25, including GST. To know more about our gold loan interest rates and charges, click here.
How to Apply for Gold Loan ?
The gold loan process at Muthoot FinCorp has been designed for your convenience. Follow the steps below:
|
Apply for a Gold Loan – Online |
Apply for a Gold Loan – Offline |
|
Step 1: Click on the ‘apply now’ button. Step 2: Fill in the application form and hit the submit button. Step 3: Our representative will get in touch with the applicant instantly to take the process forward. |
Step 1: Deposit your gold ornaments at a Muthoot FinCorp branch near you. Step 2: Sign up for the Online Gold Loan Service and link your savings bank account. Step 3: Once your bank account is linked, you can use our mobile app or website to have the gold finance credited to your bank account at any time. |
Gold Loan Miscellaneous Charges
Muthoot FinCorp’s Gold Loans are targeted to amplify your possibilities. A minimal charge starting from Rs 25 will be levied on the loan for processing.
At the time of application, Muthoot FinCorp’s representatives intimates the applicant about all the information about the fees and charges. There are no hidden terms and conditions.
To know more about the application fee and processing charges, call us at 1800 102 1616 or visit your nearest Muthoot FinCorp branch.
Why Choose Muthoot FinCorp For Gold Loan?
Muthoot FinCorp, the flagship company of the Muthoot Pappachan Group, is now one of India’s largest NBFCs. Muthoot FinCorp online gold loans are intended to provide effortless and easy access to credit. Our years of experience and reputation have made Muthoot gold finance the most popular choice for people in India. We use the latest technologies to ensure a seamless and pleasant online gold loan experience.
Release of ornaments after closure of loan to the legal heir in deceased cases.
Following are the documents required for release of ornaments after closure of loan to the legal heir in deceased cases.
CUSTOMER & NOMINEE EXPIRED – LEGAL HEIR COMES FOR RELEASE
Documents needed:
- Pledge card (Customer Copy)
- Death certificate of the Customer and Nominee issued by the Government.
- Legal heirship certificate of the Customer issued by the Court or the Government.
- NOC from other legal heirs, if more than one legal heir is mentioned in the legal heirship certificate
- Address proof and handwritten request letter from the sole legal heir/legal heir who is authorized to release by other Legal Heirs.
- Affidavit (notarized) to be executed by such sole legal heir/legal heir who is authorized, in Stamp paper purchased in his/her name.
Cases wherein Customer Copy of pledge card is missing
Process to be followed:
- Communicate to the sole legal heir/legal heir who is authorized, the list of documents to be provided for release.
- Collect and verifythe documents provided by sole legal heir/legal heir who is authorized.
- Legal department of the Company verifies the documents and approve release of ornaments to the legal heir.
- Approval is communicated by respective branch to sole legal heir/legal heir who is authorized, and the gold can be releasedupon completion of all formalities.
CUSTOMER EXPIRED & NO NOMINEE IS MENTIONED: – LEGAL HEIR COMES FOR RELEASE
Documents needed:
- Pledge card (Customer Copy)
- Death certificate of the Customer issued by the Government.
- Legal heirship certificate of the Customer issued by the Court or the Government.
- NOC from other legal heirs, if more than one legal heir is mentioned in the legal heirship certificate
- Address proof and handwritten request letter from the legal heir who is authorized to release by the other Legal Heirs.
- Affidavit (notarized) to be executed by the sole legal heir/legal heir authorized in Stamp paper purchased in his/her name.
- Cases wherein Customer Copy of pledge card is missing
- Process to be followed:
- Check whether theTEE Packet/Application form contains nominee details.
- Communicate to the Legal heir, the list of documents to be provided for release.
- Collect and verifythe documents provided by the Legal heir.
- Legal department of the Company verifies the documents and approve release of ornaments to the legal heir.
- Approval is communicated by respective branch to sole legal heir/legal heir who is authorized, and the gold can be releasedupon completion of all formalities.
CUSTOMER & NOMINEE EXPIRED; LEGAL HEIRS ARE MINORS:- NATURAL GUARDIAN OF THE MINORS COMES FOR RELEASE
Documents needed:
- Pledge card (Customer Copy).
- Death certificate of the Customer and Nominee issued by the Government.
- Legal heirship certificate of the Customer issued by the Government.
- Address proof of the Minors and the Guardian.
- Handwritten request letter from the Guardian.
- Affidavit (notarized) to be executed by the Guardian in Stamp paper purchased in the name of the Guardian.
Cases wherein Customer Copy of pledge card is missing
Process to be followed:
- Communicate to the Guardian, the list of documents to be provided for release.
- Collect and verifythe documents provided by the Guardian.
- Legal department of the Company verifies the documents and approve release of ornaments to the legal heir.
- Approval is communicated by respective branch to sole legal heir/legal heir who is authorized, and the gold can be releasedupon completion of all formalities.
CUSTOMER & NOMINEE EXPIRED; LEGAL HEIRS ARE MAJOR(S) AS WELL AS MINOR
Documents needed:
- Pledge card (Customer Copy)
- Death certificate of the Customer and Nominee issued by the Government.
- Legal heirship certificate of the Customer issued by the court or the Government.
- Address proof of all Legal heirs.
- NOC from legal heirs, who are majors. For minors, NOC from their Guardians
- Handwritten request letter from the major legal heir who is authorized to release by the other Legal Heirs.
- Affidavit (notarized) to be executed by that authorized legal heir in Stamp paper purchased in his name.
- Cases wherein Customer Copy of pledge card is missing
Process to be followed:
- Communicate to the Major legal heir, the list of documents to be provided for release.
- Collect and verifythe documents provided by the major Legal heir, who is authorized.
- Legal department of the Company verifies the documents and approve release of ornaments to the legal heir.
- Approval is communicated by respective branch to sole legal heir/legal heir who is authorized, and the gold can be releasedupon completion of all formalities.
SCENARIO – 11
CUSTOMER EXPIRED & NOMINEE IS NOT WILLING TO REDEEM THE GOLD :- 3RD PARTY, WHO IS A LEGAL HEIR, COMES FOR RELEASE
Documents required:
- Pledge card (Customer Copy)
- Death certificate of the Customer issued by the Government.
- Legal heirship certificate of the Customer issued by the court or the Government showing name of the 3rdParty as the Legal Heir of the Customer OR Document showing the relationship between the Customer and the 3rd
- NOC from nominee and other legal heirs.
- Self-attested Address proof of Nominee.
- Handwritten request letter from 3rd
- Address proof of the 3rd
- Affidavit (notarized) to be executed by the 3rdParty in Stamp paper purchased in the name of 3rd
- Cases wherein Customer Copy of pledge card is missing.
Process to be followed:
- Communicate to the 3rdParty, the list of documents to be provided for release.
- Collect and verifythe documents provided by the 3rd
- Contact Nominee for confirmation of the release in the name of 3rd
- Legal department of the Company verifies the documents and approve release of ornaments to the legal heir.
- Approval is communicated by respective branch to sole legal heir/legal heir who is authorized, and the gold can be releasedupon completion of all formalities.
Blue Soch – Brand Showcase
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#RestartGame #RestartIndia with Muthoot Blue | Jab Zindagi Badalni Ho
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Muthoot FinCorp Gold Loans | Tailor
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Muthoot 24 x 7 Explainer
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Muthoot FinCorp Gold Loans | Mother-Son
Awards & Recognitions
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Most Admired Service Provider in Financial Sector, 2020:Muthoot Fincorp -
Most Admired Service Provider in Financial Sector, 2020:Muthoot Fincorp -
The Economic Times – ICONIC brands of India, 2018:Muthoot Fincorp -
The Economic Times – ICONIC brands of India, 2018:Muthoot Fincorp -
Harvard Business School – Certificate of Appreciation, 2017:Muthoot Fincorp
Muthoot FinCorp Branches
If you have been searching ‘gold loan near me’, we are here to serve you. Find your nearest branch and pay us a visit!
-
Muthoot FinCorp Ltd.
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Sagar Pur
3.7 KM from Delhi Cantonment, New Delhi, Delhi, 110010, India -
No WZ 25, Ground Floor, Vashishth Park, Pankha Road
Sagar Pur
New Delhi – 110046
Near Aggarwal Sweets -
Open until 05:30 PM
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Muthoot FinCorp Ltd.
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Mattancherry
3.5 KM from Kochi, Kerala, India -
No 5/723, Ground Floor, Geethanjali, Sri Gujarathi Road
Mattancherry
Ernakulam – 682002 -
Open until 05:30 PM
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Muthoot FinCorp Ltd.
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Sadar Bazar Chauraha
7.1 KM from Gwalior, Madhya Pradesh, India -
Door No 1227, Ground Floor
Sadar Bazar Chauraha
Gwalior – 474006
Infront of United Church -
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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