Gold Loan at your Convenience

Minimum loan amount @ ₹1000*
Competitive Interest Rate
Minimum documentation & Hassle-free process
We ensure safe storage of your Gold in our Highly Secure Locker

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Muthoot FinCorp Gold Loan

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Muthoot FinCorp Gold Loan Schemes

GL Scheme Details

EMI GL Scheme Details

Muthoot Blue Super Value

Gold Loan Scheme designed to suit day-to-day and emergency needs of the customer by providing easy and quick liquidity

Easy Udaan

A Gold Loan Scheme, which is a Welcome Offer for first time gold loan customers of MFL. Designed to suit your day-to-day and emergency needs.

Vyapar Vikas

Gold Loan Scheme exclusively for businessmen and traders who have daily cash flow in their businesses.

Easy Max

Gold Loan Scheme designed to suit emergency as well as short to medium term life cycle needs/business needs of the customer.

Easy Pro

High Value Gold Loan Scheme designed to suit emergency and life cycle needs/business needs of the customer.

Restart India Pradhan

Gold Loan Scheme designed to suit the high value life cycle needs/business needs of the customer- For high value fund requirements in the order of Rs. 5Lakhs & above.

Gold Loan Interest Rate & Charges

Muthoot FinCorp offers a variety of gold loan schemes with lowest attractive rates to suit every borrower's needs. We charge nominal Processing Fee. To know more about our gold loan interest rates and charges, click here

To know more about Interest rates and charges, call us 1800 102 1616 or visit your nearest Muthoot Fincorp branch

Key Benefits & Features

Flexible Repayment

Special Schemes

Attractive Interest

Quick Approval

Documents Required for Gold Loan

Submit any of these documents to get a loan against gold instantly

KYC Documents

Passport
Driving License
Aadhaar Card
Voter's ID Card

Address Proof

Electricity or Water Bill
Voter's ID Card, Aadhar Card
Rent agreement, Bank Statement

Gold Loan Eligibility Criteria

In order to find out if you meet our gold loan eligibility, you have to fulfil the following conditions after which we will process your loan.

Age Criteria
Age between 18 years (at the time of application) and 80 years (at the end of the loan tenure)
Purity of Gold
Ownership
Loan Amount

Gold Loan Calculator

Please Note

This is based on 22 carat gold value
Interest rate for scheme with maximum permissible Loan to Value (LTV)
Scheme details are approximate. Visit your nearest Muthoot FinCorp branch for exact details.

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Quick Apply & Repayment Process

Website

Click on the Apply Now button.
Fill in the application form and hit the submit button.
Our representative will get in touch with the applicant instantly to take the process forward.

Mobile App

Click on the Apply Now button.
Fill in the application form and hit the submit button.
Our representative will get in touch with the applicant instantly to take the process forward.

At Branch

Deposit your gold ornaments at a Muthoot FinCorp branch near you.
Sign up for the Online Gold Loan Service and link your savings bank account.
Once your bank account is linked, you can use our mobile app or website to have the gold finance credited to your bank account at any time.

Locate Your Nearest Branch

Why Choose Muthoot FinCorp for Gold Loan?

As the flagship of the 138-year-old Muthoot Pappachan Group, Muthoot FinCorp is a trusted name in gold loans, offering a hassle-free process with competitive rates to meet your financial needs. With minimal documentation and quick disbursement, you can leverage your gold for instant funds. The repayment terms are flexible, allowing borrowers to choose a tenure and rate that suits their income and repayment ability. You can visit your nearest Muthoot FinCorp branches or use our Muthoot FinCorp ONE mobile app for a Gold Loan from Home service.

Release of Ornaments After Closure of Loan to the Legal Heir in Deceased Cases

Customer & Nominee Expired – Legal Heir Comes for Release

Pledge card (Customer Copy)
Death certificate of the Customer and Nominee issued by the Government.
Legal heirship certificate of the Customer issued by the Court or the Government.
NOC from other legal heirs, if more than one legal heir is mentioned in the legal heirship certificate/li>
Address proof and handwritten request letter from the sole legal heir/legal heir who is authorized to release by other Legal Heirs.
Affidavit (notarized) to be executed by such sole legal heir/legal heir who is authorized, in Stamp paper purchased in his/her name.
Cases wherein Customer Copy of pledge card is missing

Customer Expired & No Nominee is Mentioned: – Legal Heir Comes for Release

Documents needed:

Pledge card (Customer Copy)
Death certificate of the Customer issued by the Government.
Legal heirship certificate of the Customer issued by the Court or the Government.
NOC from other legal heirs, if more than one legal heir is mentioned in the legal heirship certificate
Address proof and handwritten request letter from the legal heir who is authorized to release by the other Legal Heirs.
Affidavit (notarized) to be executed by the sole legal heir/legal heir authorized in Stamp paper purchased in his/her name.
Cases wherein Customer Copy of pledge card is missing

Process to be followed:

Check whether theTEE Packet/Application form contains nominee details.
Communicate to the Legal heir, the list of documents to be provided for release.
Collect and verify the documents provided by the Legal heir.
The legal department of the Company verifies the documents and approves release of ornaments to the legal heir.
Approval is communicated by the respective branch to the sole legal heir/legal heir who is authorized, and the gold can be released upon completion of all formalities.

Customer & Nominee Expired; Legal Heirs Are Minors:- Natural Guardian of the Minors Comes for Release

Documents needed:

Pledge card (Customer Copy).
Death certificate of the Customer and Nominee issued by the Government.
Legal heirship certificate of the Customer issued by the Government.
Address proof of the Minors and the Guardian.
Handwritten request letter from the Guardian.
Affidavit (notarized) to be executed by the Guardian in Stamp paper purchased in the name of the Guardian.
Cases wherein Customer Copy of pledge card is missing

Process to be followed:

Communicate to the Guardian, the list of documents to be provided for release.
Collect and verify the documents provided by the Guardian.
The legal department of the Company verifies the documents and approves the release of ornaments to the legal heir.
Approval is communicated by the respective branch to the sole legal heir/legal heir who is authorized, and the gold can be released upon completion of all formalities.

Customer & Nominee Expired; Legal Heirs Are Major(S) as Well as Minor

Documents needed:

Pledge card (Customer Copy)
Death certificate of the Customer and Nominee issued by the Government.
Legal heirship certificate of the Customer issued by the court or the Government.
Address proof of all Legal heirs.
NOC from legal heirs, who are majors. For minors, NOC from their Guardians
Handwritten request letter from the major legal heir who is authorized to release by the other Legal Heirs.
Affidavit (notarized) to be executed by that authorized legal heir in Stamp paper purchased in his name.
Cases wherein Customer Copy of pledge card is missing

Process to be followed:

Communicate to the Major legal heir, the list of documents to be provided for release.
Collect and verify the documents provided by the major Legal heir, who is authorized.
The legal department of the Company verifies the documents and approves the release of ornaments to the legal heir.
Approval is communicated by the respective branch to the sole legal heir/legal heir who is authorized, and the gold can be released upon completion of all formalities.

Scenario – 11

Customer expired & nominee is not willing to redeem the gold :- 3rd party, who is a legal heir, comes for release

Documents needed:

Pledge card (Customer Copy)
Death certificate of the Customer issued by the Government.
Legal heirship certificate of the Customer issued by the court or the Government showing name of the 3rdParty as the Legal Heir of the Customer OR Document showing the relationship between the Customer and the 3rd
NOC from nominee and other legal heirs.
Self-attested Address proof of Nominee.
Handwritten request letter from 3rd
Address proof of the 3rd
Affidavit (notarized) to be executed by the 3rdParty in Stamp paper purchased in the name of 3rd
Cases wherein Customer Copy of pledge card is missing.

Process to be followed:

Communicate to the 3rdParty, the list of documents to be provided for release.
Collect and verify the documents provided by the 3rd
Contact Nominee for confirmation of the release in the name of 3rd
The legal department of the Company verifies the documents and approves release of ornaments to the legal heir.
Approval is communicated by the respective branch to the sole legal heir/legal heir who is authorized, and the gold can be released upon completion of all formalities.

Frequently Asked Questions

What is a Gold Loan?

What are the features of Muthoot FinCorp Ltd Gold Loan?

Who can avail Gold Loan from us?

What are the different modes of availing gold Loans from Muthoot FinCorp Limited?

Would You like Any Assistance?

To know more about the application fee and processing charges, call us at

1800 102 1616

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FIRST-HAND ACCOUNT OF CUSTOMER EXPERIENCES

Blue Soch Stories

I am very much thankful to Muthoot FinCorp Bandel Branch and their employees for their quick support during my friend’s road accident. We needed urgent cash for my friend’s surgery. Mutho...

Ratan Sarkar, Bandel – West Bengal

There was a shortfall of fund while I was constructing my house, so I took a gold loan from Muthoot Fincorp which was quick, easy and transparent and I was able to construct my dream home. I have b...

Mr. Bhagwan More, Khopoli, Navi Mumbai

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Gold Loan Interest Rate - 'Mera Gold Loan, Mera Interest' With Virat Kohli

Ernakulam, the central part of Kochi in Kerala, was the ancient capital of the kingdom of Cochin.

Today Gold Rate in Ernakulam: Complete Guide

Ernakulam, the central part of Kochi in Kerala, was the ancient capital of the kingdom of Cochin. Ernakulam is a very old city and has been inhabited since the Stone Age. The city played a significant role in maintaining trade relations between Kerala and the rest of the world in the ancient and mediaeval periods.