Who should opt for a Gold Loan?
How can Gold loans be the smartest option for seeking quick
You may face financial emergencies due to unforeseen situations. It could be a medical emergency, marriage, educational or agricultural purpose. Getting a loan is an immediate solution that comes to your mind, and various debt products are available today. Before jumping into the first available option, you should analyze what impact that loan could have on your financial life. If you are looking for a short-term loan, gold loans can be the best choice for many reasons.
Who should opt for a Gold Loan?
A gold loan is the best option for individuals seeking.
Short-term credit is temporary financial support for your personal or business requirement. At Muthoot FinCorp ONE , India’s one of the leading NBFCs, you can enjoy the maximum value for your gold in the market. Muthoot FinCorp ONE Gold loan can be beneficial if you review the value propositions we offer in such urgent short-term financial necessity.
Muthoot FinCorp ONE offers flexible tenure for gold loans. The repayment period starts from one week to 36 months. Access the Muthoot FinCorp ONE online calculator to know more about the customized loan schemes and repayments. Gold loans are the most suitable option for individuals who do not wish to be in a long time financial commitment.
Enhance Credit Score:
If you approach a bank for personal or other forms of loans, you will realize that an excellent CIBIL score is mandatory. Since your valuable jewelry is insured and secured in our vault as collateral, the scores become less significant. Gold loans are the best choice for those who don't maintain a good CIBIL score. Paying the gold loan interest on time can enhance your credit score.
Low cost and easy processing:
Muthoot FinCorp ONE gold loan interest rates are lesser compared to other forms of loans. We offer gold loans with interest rates starting from 9.95% per annum*. We provide 0% processing fee for gold evaluation and collection as an added value to our customers.
The gold loan application procedure is simple. Only KYC documents are required for verification. You need to submit identity and address proof which can be Aadhar card, PAN card, Driving Licence, Voter ID or passport. Any Indian citizen, be it a business person, salaried employee, or farmer above 18 possessing gold, is eligible for a gold loan.
Doorstep gold loan:
Muthoot FinCorp ONE offers doorstep gold loans in 30* minutes for those who like to enjoy unparalleled convenience from the comfort of their home. You can visit our website to book an appointment. One of our loan managers will evaluate the gold, and we will transfer the loan amount to your bank account after approval. Your precious ornaments will be stored at a Muthoot FinCorp branch near you.
Convenient Access to collateral:At Muthoot FinCorp ONE , you can pay back your loans before the term and collect your valuables at your doorstep or from our branch. Your gold will be returned in the same pristine condition as collected.
Considering all the value propositions offered by Muthoot FinCorp ONE , it will be wise to choose us during financial challenges. MuthootFincorp ONE has a legacy of 135 years in serving Gold Loan customers. We offer you gold loans with competitive interest rates and quick loan disbursal. Our flexible repayment options will help you to settle the loan at your convenience. Head to our website www.muthootfincorpone.com to connect with us. *T&C apply.