How can I grow my business with a gold loan from home
The prime reason behind any successful company is its financial resources. Getting a business loan involves a lengthy loan application and approval process. You may consider the advantages of a gold loan as an additional source of finance if your business requires more funding.
We are backed by Muthoot FinCorp, one of the leading NBFCs in India with a legacy of 135 years of serving customers. We offer gold loans at home, where you can apply for a gold loan from the comfort of your home.
Your gold jewellery that sits idly in the locker can be used for short-term investment to grow your business. Here's how you can boost your business with our gold loan from home if you are facing challenges:
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Arrange funds to grow your business by investing in equipment, scaling or inventory.
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You have a deadline to meet with an emergency fund.
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Unable to get investors or you do not wish to share equity with investing companies.
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A start-up may not easily get business loans. Banks may consider it an unsecured asset with many terms and conditions. Moreover, business loans charge you higher interest rates.
How can a gold loan from home boost my business? Getting our gold loan from home is much easier with minimal documents than business loans from banks. You can use our gold loan from home effectively to manage your business in the following methods.
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Scale up your existing business or start a new one.
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You can increase business inventory and production.
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Invest in marketing or bring your operations online.
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You can purchase new machinery/tools and add to the existing infrastructure.
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Fund your start-up capital or improve the financial health of your business.
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Adding inventories, festive offers, decorations and gifts can even attract more customers and boost your revenue during festive seasons like Diwali.
Advantages of gold loan over business loans You can reuse your asset multiple times if you are taking a loan against pledged gold ornaments. Gold loans have the lowest interest rate as it is a secured loan where you pledge your gold jewellery as collateral.
Apart from this we also offer you the following benefits.
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Convenience: Get a gold loan from the comfort of your home without the risk of carrying your gold unsafely. You can access your gold anytime, at your doorstep or from our branch.
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Increased safety: We carry your gold from home in a GPS-tracked safe to the nearest Muthoot FinCorp branch.
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Quick process: The gold loan from the home process takes only 30 minutes*.
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Best-in-industry interest rate:We offer the lowest gold loan interest rates in the market.
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Maximum Loan-to-Value:You get a maximum value of 75%* or more for your gold in the market.
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No hidden charges: 0% processing fee for our gold evaluation and collection services
How to apply for Muthoot FinCorp ONEoot’s gold loan? Head to our website www.muthootfincorpone.com and book an appointment for a home visit. One of our loan managers will visit your place to evaluate the gold and verify gold loan documents . We will quickly transfer the loan amount to your account* after approval and safely store your gold jewellery at a Muthoot FinCorp branch nearby. We automatically insure your gold and you can access your gold anytime, at your doorstep or from our branch.
With all the advantages mentioned above, taking out a gold loan from us will help you to grow your business and fulfil your dreams. Log on to our website today and book an appointment for Muthoot FinCorp ONEoot gold loan from home.
*T&C Apply.
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