Apply For Instant Gold Loan in Hyderabad

Gold Loan in Hyderabad

Muthoot FinCorp offers the most affordable gold loans in Hyderabad. Get the best gold loan rates in Hyderabad with hassle-free processing and instant disbursal with Muthoot gold loan. Rest assured that your gold is safe with us while you use the funds to meet your urgent requirements. We ensure that your gold is stored safely in our specially designed vaults, monitored 24×7. Apart from quick processing, Muthoot FinCorp also provides you with the best tools for you to make an informed decision. Use our free Gold Loan EMI Calculator to determine your EMI and repayment plan. Avail flexible repayment options and enjoy a stress-free gold loan experience.

Our Presence in Hyderabad

Hyderabad is one of the premier cities in India, famous for its culture, tourism and lip-smacking cuisine. It is being developed as a technological hub with a huge portion of the country’s migrant workforce pouring into the city increasingly. To get a gold loan in Hyderabad, walk into any of our 30+ branches spread across the city.

Key Features of Gold Loan in Hyderabad

Gold loans are a popular choice among borrowers in Hyderabad looking for quick and easy credit. This is a viable alternative to other types of loans, which may also require a time-consuming application process apart from heavy documentation and high interest rates. Some of the key features of Muthoot FinCorp’s gold loans are as follows:

• • Get a loan of up to 75% of your gold’s value without any usage restrictions.
  • Your gold jewellery is safely stored in vaults within strong rooms and 24×7 surveillance.
  • Your gold loan will be prepared in under 30 minutes, and the amount will be disbursed to your account quickly.
  • Enjoy flexible repayment options, for example, paying the interest as EMI and the principal at the end of the loan tenure, paying both interest and principal at the end of the loan tenure, or repaying through regular EMIs.

Gold Loan Interest Rate

Get the best gold loan rate in Hyderabad at Muthoot FinCorp. We also offer our customers a high Loan to Value ratio. This ensures that you receive the maximum loan amount for your pledged gold jewellery. The interest rate on our gold schemes starts at as low as 11.99% p.a. You can repay the loan within 6 months if you want to close the loan early. There are no foreclosure charges. You can also choose to repay the interest as well as the principal at the end of the loan term if that is more convenient for you.

Required Documents to Get Gold Loans in Hyderabad

Getting a gold loan in Hyderabad does not require you to submit your income proof or CIBIL score for approval. The only documents you need to submit are:

• • • Loan Application form
    • Demand Promissory note, a financial instrument that legally binds the borrower to pay the lender a pre-determined sum of money on a specific date or on-demand.
    • The consent of the applicant to obtain Aadhaar details for authentication with UIDAI for the ‘eKYC’ process.
    • Identity Proof: Passport/PAN/Driving License/Voter ID card/Ration Card/ Aadhar Card or any other identity card (including photograph) issued by a government authority, PSU, or nationalized bank.
    • Address Proof: Ration card/latest electricity/landline telephone bills/bank passbook/bank/Aadhar Card or any other document issued by a government authority, PSU, or nationalized bank that contains the customer’s address.

Know the Eligibility Criteria Before Applying for Gold Loan

Any person, above the age of 18 and below the age of 65, can apply for a gold loan in Hyderabad with Muthoot FinCorp. You can also use the eligibility calculator to determine the amount of loan that will be available to you based on the amount and the purity of your gold. You can either check your eligibility online on our website or visit one of our branches in Hyderabad to get an accurate analysis of your loan eligibility.

How to Apply for Gold Loan in Hyderabad

Apply for a gold loan in Hyderabad through the following steps:

• • • Visit the Muthoot FinCorp website
    • Fill in your basic details like name, state, email id, etc.,
    • An executive from Muthoot FinCorp will get in touch with you to take the process forward.

    Or

    • Visit the Muthoot FinCorp website.
    • Take a look at the gold loan schemes and use our calculator to figure out your eligibility.
    • Choose between the variety of gold loan schemes as per your preference and comfort.
    • After selecting a scheme, you can use our EMI calculator to determine your monthly payments based on your loan amount and tenure.
    • When you are satisfied with the loan amount and EMI, walk into your nearest Muthoot FinCorp branch in Hyderabad with your gold to apply for the loan and get instant disbursal.

What are the Best Places to Take Gold Loan in Hyderabad

Gold loans can be conveniently availed from any of the Muthoot FinCorp branches in Hyderabad. Use the free branch locator on our website to find out your nearest Muthoot FinCorp branch or call us at 1800-102-1616 for more information.