Muthoot FinCorp Gold Loan in Kerala
Get gold loans in Kerala at attractive interest rates to meet any financial emergency. Gold loans are the foremost and easier resort for borrowers with their savings in gold form.
With lost jobs, shut businesses, and slashed salaries as the pandemic side effects, many households are likely to pledge their gold instead of selling it to get money to meet essential expenditures. Small businesses facing financial issues can also raise funds against gold.
Muthoot Gold loan interest rates in Kerala
Our Gold loans in Kerala are available via various gold loan schemes at varying interest rates, starting at 11.99% p.a.* Borrowers can make an informed decision with the ready-to-use tools. You can use the gold loan calculator and understand the gold scheme with the preferred repayment tenure and gold availability. You can avail of the lower gold loan interest rate in Kerala with Muthoot FinCorp. Our gold loan rate per gram in Kerala is competitive and one of the lowest in the industry.
About Muthoot FinCorp’s GOLD LOAN SCHEMES
Whether it is about setting up a new business or arranging a down payment for a loan, your gold can help make your life easier. Muthoot FinCorp offers several gold loan schemes against minimum documentation and flexible loan repayment tenure. Muthoot FinCorp is one of Kerala’s leading gold loan companies known for offering the maximum Loan to Value at the lowest interest rates across all ticket sizes. Borrowers can choose a gold loan scheme as per their requirements.
What is the procedure to get a gold loan in Kerala from Muthoot FinCorp?
Check Eligibility to Avail Gold Loan in Kerala
Getting a gold loan at the lowest interest rate from Muthoot FinCorp is extremely easy. Meet these easy eligibility conditions:
- The age of the borrower must be between 18 and 65 years.
- The borrower should be an Indian citizen.
- The fineness of gold must be between 18 and 24 karats.
Have Required Document for Gold Loan
Muthoot FinCorp ensures a hassle-free gold loan process with an online procedure with minimal documents. The required documents are:
- Identity proof: PAN, Voter’s ID card, Aadhaar card, or driving licence.
- Address proof: Voter’s ID card, Aadhaar card, electricity or gas bills.
It is a straightforward process to apply for a gold loan in Kerala online. Follow these steps:
- Take a look at the gold loan schemes at Muthoot FinCorp’s official website. These gold loan schemes are varied for available tenure and interest rates.
- Using the gold calculator, borrowers can choose the most suitable gold loan scheme.
- Find the nearest Muthoot FinCorp branch to deposit your gold and submit the required documents. The branch locator tool on the website of Muthoot FinCorp can find all the nearest branch locations for you. Submit the gold loan application
- Deposit the gold for testing and evaluation in the nearest branch.
You will get your funds against the gold loan in your account directly. Once the gold is evaluated and approved, the loan amount will be disbursed instantly.
This way, Muthoot FinCorp offers you a hassle-free gold loan following an easy process.
Where to Get Gold Loan in Kerala – Offline Presence
Borrowers can also walk into any of the Muthoot FinCorp branches to get a gold loan quickly.
- Find the nearest branch in your locality using the branch locator. It will show you the nearest branch’s address and phone number.
- You need to input your state, city, and locality to get the list and details of your nearest Muthoot FinCorp branches.
Muthoot FinCorp is the name of trust in Kerala for gold loans. Thousands of borrowers choose this trusted name every day. Muthoot FinCorp has boosted its presence and serves people living in the state of heritage, Kerala with an extensive network of 80+ branches to offer easy gold loans in Kerala. Gold loans are now more easily accessible.
Frequently Asked Questions
- A gold loan is a financial product that is accessible easily.
- It offers your gold’s correct and highest value in the organised market.
- It caters to your needs for short-term funds.
- A financial crunch can be sorted out quickly at easy eligibility terms.
- Get the required funds faster in your bank account directly.
- The borrower need not sell their gold with heritage value. Keep it safe with Muthoot FinCorp as collateral and get it back after repayment of the loan value.
- Yes, agricultural gold loan Kerala is available for farmers. They can pledge their gold items and get the required funds to save any loss due to any financial crunch in completing the agriculture processes.
- No, an individual with gold can apply for a gold loan without a guarantor. These loans are secured against loans. Therefore, there is no requirement for a credit score or a guarantor.
What Documents are required to avail gold loan on EMI?
Though you can use our Gold Loan calculator to calculate the EMI, you will require to submit a certain documents availing a gold loan on EMI:
- Original proof of identification. Any of the following are acceptable:
- Govt of India election ID card with address proof
- PAN card and address proof
- Driver’s licence
- Any Govt departmental ID card
- We are bound by and follow KYC norms as per the regulator’s guidelines
Please call our customer care representative at 1800 102 1616 or visit your nearest Muthoot FinCorp branch to know more.
MUTHOOT FINCORP BRANCHES IN KERALA
Muthoot FinCorp Ltd.
No Tv 32/A/76, 1st Flr, Fort Light Cplx Fort Road Kannur – 670001
Open until 05:30 PM
Muthoot FinCorp Ltd.
SB1182/0, 1st Floor, Bhanus Complex South Bazar Kannur – 670002
Open until 05:30 PM
Muthoot FinCorp Ltd.
12/1452/A18, A19 & 120, Thovarayi Cplx Logans Road Thalassery – 670101
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. ...