Ways you can use gold loan from home for higher education
Why is education a gateway to possibilities? Education is the key to unlocking the world and a passport to the future. Higher education is one of the most worthwhile investments you can make in yourself. But if you choose to study abroad at universities like Harvard, Oxford, Cambridge or MIT, though it is expensive, it can contribute significant achievements in your professional and personal development. Prestigious institutes that offer higher education in India could be very expensive even with scholarships like ISB, BITs, Symbiosis etc.
If you are looking for institutions abroad, you may choose countries like the USA, UK, Canada, Australia, Germany, France or Russia for higher education. The knowledge of different cultures and networks of people can broaden your vision to find new opportunities. Based on your aptitude, you can pursue a course in demand from Computer Science, Information Technology, Data Science, Health Science, Engineering, Business Administration, Finance, Human Resources, Digital Marketing, Artificial Intelligence and Machine Learning or Software Development.
How can a gold loan at home benefit you in higher studies? Financing for higher studies at your dream college in India or abroad can be expensive. A student loan can be an option, but it comes with many strict eligibility criteria and conditions as it is an unsecured loan. Therefore, our gold loan from home is a great option to sponsor your education. 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 to fund your higher education needs.
Besides the university or college fees, a gold loan can support you with the lodging costs and educational aids like books, laptops etc. Approval of an educational loan is complicated and is subject to your admission to a reputed institution, your educational background and your/the guarantor’s creditworthiness to repay the loan. Whereas anyone above 18 can apply for a gold loan from us and the documents required for a gold loan are minimal.
Other benefits you can avail when you choose our gold loans from home for higher education, are as follows:
You can apply for our gold loan from the comfort of your home through our website www.muthootfincorpone.com and it takes only 30 minutes*. We need basic KYC documents only for the approval process. Your CIBIL score or a guarantor is not required. A loan manager will visit you for gold evaluation and verification of gold loan documents. On approval, we will instantly transfer the loan amount to your bank account and carry the gold jewellery to the nearby Muthoot FinCorp branch in a highly secured, GPS-tracked safe locker for storage.
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We offer the lowest gold loan interest rates in the market.
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You get the maximum loan-to-value of 75%* or more for your gold in the market.
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0% processing fee for our gold evaluation and collection services and no hidden charges.
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You can repay your loans before the tenure period with our easy and flexible repayment options.
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We will automatically insure your gold jewellery.
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You can access your gold jewellery at your doorstep or from the branch.
Higher education is expensive, but it is an opportunity to transform. Do not let a lack of funding be an obstacle to chasing your aspirations. It is much easier to get a gold-secured loan to fund your higher education compared to an unsecured educational loan. Head to our website today and book an appointment for ONE Muthoot gold loan from home .
*T&C Apply.
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