Quick & accurate results for loan against gold Jewelry
Choose a comfortable loan tenure
Get prior knowledge of monthly EMI values
Manage your monthly expenses
Muthoot Gold Loan calculator is free and easy to use which is designed to help find out your Gold Loan eligibility, and the loan amount you can get against your gold. Plus, it will give you an idea of the applicable interest rates and the number of installments to be paid towards the loan.
The gold loan calculator is a free tool, available on Muthoot FinCorp’s website, that helps determine the amount of loan you can borrow against the gold you want to pledge. The amount of the loan will be calculated based on the weight and karat of the gold. Its key benefits are:
- It’s simple & easy to use
- It is free and available 24×7
- It saves you from the trouble of making cumbersome, error-prone calculations
- It uses the latest price of gold in the math and gives you an immediate answer
- Use it from your own home without needing to carry your valuables outside
Gold Loan Calculator
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.
Gold Loan Rate per Gram valuation at Muthoot FinCorp
Muthoot Gold Loan interest calculator helps you know how much loan your gold jewellery can fetch. The sanctioned loan value depends on the purity of your gold jewellery and the existing gold prices adjusted for the loan to value ratio. The higher the purity levels, the higher will be the loan value. To determine the Muthoot gold loan rate per gram today, we employ in-house valuers that weigh the pledged jewellery & evaluate its purity, right in front of you and provide the estimate in writing. In line with the RBI directives, we use the average price of 22-carat gold in the previous 30 days.
Formula for Gold Loan Interest Calculator
The Gold Loan interest rate calculator employs a mathematical formula to determine the interest rates you’ll be paying on the loan against gold. It gives you the offered rate of interest and loan tenure. Muthoot Gold Loan calculator makes it easy and quick for you to get the required gold for your loan amount.
How to use Muthoot Gold Loan Calculator?
Using the Muthoot Gold Loan EMI calculator is easy. Follow the steps below:
- Locate the Muthoot Gold Loan calculator on our website
- Enter the required loan amount
- Select your residential state
Once the required details are submitted, the Gold Loan EMI calculator will instantly populate a table displaying the interest rate and tenure, as per various schemes. You can select your desired scheme by understanding its EMIs through our calculator and visiting the nearest Muthoot FinCorp branch for low-interest Gold Loans. We guarantee fast approvals and disbursals.
Benefit of Using Gold Loan Calculator
Here are a few advantages to using an online gold loan calculator:
- It has been designed for an intuitive and user-friendly experience. You get results within a few clicks.
- The gold loan calculator factors the interest rate and allows you to identify the best scheme and payment plan for you.
- It saves you from the trouble of making tedious manual calculations in figuring out your loan amount eligibility.
- It’s a fast and convenient alternative to visiting the branch to conduct the calculations.
- The gold loan calculator uses the latest gold prices to give you a more accurate idea about how much loan you could apply for.
A gold loan from Muthoot FinCorp is the easiest loan to obtain in an emergency. The gold loan amount eligibility is determined by the weight and the karat of the gold you are willing to pledge. A gold loan interest rate calculator helps you quickly ascertain how much you can borrow, the suitable schemes and its interest rates.
Why Do People Prefer Gold Loan Calculator
Gold loan Calculators are a boon to customers looking for information before applying for a gold loan. People have been increasingly using Gold Loan Calculators because:
- It helps them plan their finances with ease
- Customers can understand which gold loan scheme suits them best
- It is free and available 24×7 on Muthoot FinCorp’s website
- It has been designed to offer a comfortable loan application experience to each borrower
Frequently Asked Questions
Gold loan interest rate calculator gives you an estimate of the interest rate and tenure you will be eligible based on your loan requirement. With this, you can view the various interest rate and tenure on the EMIs, and choose the combination you would be able to repay with ease. Use our gold loan interest calculator as many times as you want to make an informed decision.
Gold loan interest rate calculator estimates the rate based on multiple criteria. These include:
- The region you are based in
- The amount of loan requested
This will provide you with
- The tenure options for the loan
- The interest options for the loan
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. ...
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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