Muthoot FinCorp Gold Loan portfolio is designed and developed to meet the all the life cycle needs of the common man. Muthoot Blue Super Value Gold Loan provides the maximum Loan to Value across all ticket sizes.
Key Features of Muthoot Blue Super Value Gold Loan
- Applicable across all ticket sizes
- Maximum Permissible value for Gold
- Interest rate is 23% p.a.
- Tenure upto 12 months
Other Features:
- Payments can be done on a daily, weekly or monthly basis.
- Bullet payment of principal amount along with interest - you can choose to make one lump sum payment to repay the principal amount and interest
- Minimum KYC procedures
- Nominal Processing Fee
- Interest applicable on diminishing principal basis and only for applicable number of days in Reducing impact
- Simple Interest calculation method
- Interest for a minimum period of 7 days will be charged at basic interest rate if pre closed before 7 days.
Pursuant to the Co-lending guidelines issued by Reserve Bank of India dated November 05, 2020 titled as “Co-Lending by Banks and NBFCs to Priority Sector” (“Co-lending Guidelines”), Muthoot Fincorp Ltd has entered into Co-lending arrangements with UCO Bank and Development Credit Bank. Gold loan products/schemes of the Company under Super Value-CL3, Super Value-CL4 and Easy Scale Up-CL are offered under the said arrangement. Such Co-lending arrangements /products shall be offered in select locations, as may be mutually decided by the Banks and the Company, from time to time.
To know about the major Terms and Conditions governing such Co-Lending arrangements with Banks, kindly refer to the Appendix as uploaded/ mentioned below:
Blue Soch – Brand Showcase
Why Choose Muthoot Blue Super Value Gold Loan?
Muthoot Blue (Muthoot Pappachan Group) has a reputation that has been shaped over decades with high-quality practices, total customer satisfaction, and steady growth. Today, Muthoot FinCorp, our flagship company, is one of the largest NBFCs in India and we continue to work with the aim of providing timely credit to common man with Blue Soch. Hence, our Muthoot Blue Super Value Gold Loan are designed to make it easy for you to reach for your dreams!
- We have over 3600 branches across India. Visit your nearest Muthoot Blue branch to get a loan quickly and without any hassle.
- Nearly 1,00,000 customers walk into our branches daily and are assured of trustworthy and simple services.
- Our customer-centric approach and innovation over the past 133+ years without compromising on the God-given values of trust, truth, transparency and tradition is what helps us in empowering the human ambitions.
Visit your nearest Muthoot FinCorp branch now to get an instant Muthoot Blue Super Value Gold Loan!
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