With the Coronavirus pandemic, existing businesses have suffered massive losses while new ventures have gained ground. A crisis of this scale is bound to shake things up and cause chaos in different walks of life. From technology to healthcare to eCommerce, some industries and sectors have grown at a record-breaking pace. If you have spotted an opportunity in any industry or sector and you’re willing to step into it, there was never a better time to do that. However, if capital crunch is holding you back, Muthoot FinCorp is here to support you.
Gold Loans to Finance Your New Business
We at Muthoot FinCorp are committed to restarting India amidst the COVID-19 pandemic. Over the past several months we have taken many initiatives like ‘Ashwas Dinam’ Gold Loan, #RestartIndia platform, Pradhan Gold Loans and Interest-Free Gold Loans to help people and entrepreneurs just like you. Stressed about starting your entrepreneurial journey? Worry not. Muthoot FinCorp provides Gold Loans at affordable interest rates which assist you in setting up your new business, arrange capital to purchase commercial property and much more. Get a Gold Loan and start on your epic journey today. And the best part, with the access of the Internet, one may apply for online Gold Loans with the blink of an eye!
Gold Loans to Finance Your Lifecycle Needs
Finance your child’s education fee, pay off your utility bills and routine medical expenses with Gold Loans. If you have been dealing with pay cuts or job losses and are in urgent need of cash to fulfil some necessary obligations, there’s nothing faster and easier to get than a Gold Loan. What’s more? You can take advantage of Gold Loans without worrying about your credit score or CIBIL score and repay the loan amount conveniently with Bullet and EMI Schemes from top and trustworthy lenders like Muthoot FinCorp. Use an online Gold Loan EMI calculator to assess the exact amount of your repayment instalments and have the freedom to repay your loan amount anytime during its tenure.
Gold Loans for Emergency Medical Needs
The COVID 19 pandemic has tremendously escalated the need and cost of medical facilities in India as well as overseas. Though medical insurance is requisite in these uncertain times, it may not be enough to cover the hefty medical bills of Coronavirus treatment and other diseases. And it may happen that you are not covered under any insurance or the disease is not included in the list. Whatever be the reason, in medical emergencies, having access to quick cash is incredibly liberating. Here’s where the Gold Loans come in for your rescue.
Muthoot FinCorp enables easy Gold Loan disbursement with minimum paperwork and maximum comfort. With simple identity proofs and calculation of the value of the gold right in front of you, you can get your Gold Loan sanctioned immediately, even in these turbulent times. Leave your financial worries on us and attend to the wellbeing of your loved ones without any monetary tensions.
To meet the critical medical emergencies, at any point in time, you may visit a Muthoot FinCorp Gold Point near you to sell your gold for cash. All your gold, in any form, is secure in our high-security lockers which can prove a quick rescue for you.
How Are Gold Loans Linked with Gold Price Volatility?
Gold price fluctuations unlock new avenues for Gold Loan consumers. With gold prices taking quick jumps and making new records, monetize the value of the yellow metal in your possession. Let’s comprehend it with a simple maxim. Due to gold being a high-value commodity, customers can leverage bigger loans. The low cost of gold is a promising time to purchase. For centuries, gold has been an asset to be used later to obtain a loan or its repayment. Bring your investment on track with the power of gold as the gold prices continue to escalate every other day.
At Muthoot FinCorp, the borrower has the liberty to choose Gold Loans based on their financial capability. With one of the most attractive Gold Loan interest rates in the industry, we are here to make it flexible and easy for consumers to avail Gold Loans.
Wondering if you can get an estimate of the Gold Loan amount you will get? Simply key in the Gold Loan interest rate in the Gold Loan interest rate calculator on the Muthoot FinCorp website, add the loan and tenure amount, and you’ll get a basic estimate. Most analysts perceive that gold will continue to remain dominating in the long term and considering the COVID related economic woes, Gold Loans are the safest bet for the common man today.
We also take extra measures to keep your gold collateral safe with us without any extra fee. You can also repay the loan and interest in multiple instalments at your convenience or go for part payments with part withdrawals. With trust and integrity as our motto, Muthoot FinCorp is here to make your life easier by providing Gold Loans seamlessly.
Harshit Agrawal 10-Nov-2020 902 Views