You can walk into a Muthoot FinCorp branch, ask about gold loan schemes and take the funds in one visit. Simply carry your gold and KYC documents, apply for a loan, get your loan appraised in a few minutes and get the loan handed over to you or disbursed into your account instantly. The valuation process at Muthoot FinCorp is done scientifically to offer you the maximum permissible amount as a loan. We use highly scientific XRF machines, X-ray fluorescence technology (XRF), the international standard adopted by the gold refining industry. This method is precise and gives us an exact idea of the pure metal content in your item/s. The weight of the gold is calculated as per the current market rate of gold of the same purity. Our representatives will then let you know of the maximum LTV that can be availed on the pledged gold. You can choose a particular scheme that allows you to avail the maximum amount or choose a smaller amount as per your requirement.
Muthoot FinCorp also allows you to avail a top-up loan, if you haven’t availed the maximum LTV of the gold as your first loan. This entire evaluation process is undertaken in only a few minutes. The process is transparent and is done right before you to eliminate any disputes. Call us at 1800 102 1616 to understand the process or visit your nearest Muthoot FinCorp branch with your gold to get it evaluated.