Simplified Gold Release On Muthoot FinCorp ONE


If you are a Gold Loan from Home customer and wondering whether you can release your gold from the branch, we have the answers for you. Muthoot FinCorp ONE, a leading financial institution, offers convenient options for gold loan customers to release their pledged gold. In this article, we will explore how you can release your gold from the branch and other important details you need to know.

  1. Paying off the Loan: Once you have fully repaid the loan amount, you can visit the Muthoot FinCorp branch where your gold has been stored to release it. You can also choose to pay the outstanding balance at the branch before releasing your gold. Make sure to check your 'Loan Pledge Card' for the branch details where your ornaments are stored.

  2. Gold Release at Home: If you prefer the convenience of having the pledged gold released at your home, Muthoot FinCorp ONE offers this service through their Gold Loan from Home option. To avail of this service, simply book a 'Release Gold' appointment on the Muthoot FinCorp ONE app. Their Loan Managers will visit your registered address, where the loan was booked, and release the gold in your presence.

  3. No Pre-Closure Charges: Good news! There are no pre-closure charges for your Gold Loan. Once you have repaid the loan, you can release your gold without incurring any additional costs.

  4. Benefits of Gold Loan from Home: Muthoot FinCorp ONE's Gold Loan from Home service provides several advantages for customers, including:

  • Quick doorstep service: Get a Gold Loan in just 30 minutes* without leaving the comfort of your home.

  • Competitive interest rates: Enjoy interest rates as low as 0.83%* per month, making it an affordable financing option.

  • Zero processing fees: Muthoot FinCorp ONE doesn't charge any processing fees, ensuring you save on additional costs.

  • Instant transfer to bank account: Once the loan is approved, the funds are instantly transferred to your bank account for immediate use.

  • 100% access to your gold: You retain complete ownership and control over your pledged gold.

  • No credit record check: Unlike other types of loans, a Gold Loan doesn't require a credit record check, making it accessible to a wider range of customers.

  • Safe and secure storage: Your gold is stored in Muthoot FinCorp branches, complying with BIS Standard 9400 for storage and safety. Additionally, your gold is insured and tracked during transit, ensuring its protection.

  • Gold Loan Amount Calculator: To determine the value of your gold and calculate the loan amount, you can use the Gold Loan Calculator on the Muthoot FinCorp ONE app or website. This instant calculation helps you unlock the worth of your gold and make informed decisions.

  • Gold Loan Plans: Muthoot FinCorp ONE offers various Gold Loan plans, allowing you to choose the one that best suits your financial needs. These plans are designed based on the preferences of customers, ensuring flexibility and convenience.

  • Instant Money with Gold Loans: Whether you choose the Gold Loan from Home option or visit one of Muthoot FinCorp's 4500+ branches across India, you can expect quick and hassle-free access to funds. Enjoy the convenience of obtaining a secure Gold Loan without extensive paperwork or lengthy approval processes.

As a Gold Loan from Home customer, you have the flexibility to release your pledged gold from the branch or through the Gold Loan from Home service. Muthoot FinCorp ONE prioritizes customer convenience and ensures the safety and security of your gold throughout the loan process. Choose the option that best suits your preferences and enjoy the benefits of a Gold Loan with Muthoot FinCorp ONE.

About Muthoot FinCorp ONE

Muthoot FinCorp ONE is an all-in-one digital financial platform that makes getting an MSME & a Gold Loan, investing in Digital gold & NCDs, making payments & remittances, buying insurance & exchanging forex, simple and convenient.

As an SBU of Muthoot FinCorp Limited, Muthoot FinCorp ONE is backed by a legacy stretching back over 135 years, and the trust of more than 1 crore customers and is building a holistic financial ecosystem using the latest digital products for lending, investing, protection and payments.

Muthoot FinCorp ONE continues to uphold the values of the parent, the Muthoot Pappachan Group (Muthoot Blue) by providing its customers with easily accessible services, replete with unmistakable quality. The Muthoot Pappachan Group is among India’s most reputed names in the financial services industry, with customers in diverse segments like Automotive industry, Financial Services, Hospitality, Alternate Energy, Real Estate, and Precious Metals.

So what are you waiting for? Head to the Play Store and download the Muthoot FinCorp ONE app. You can also visit the website today to know more.

Alternatively, you can also follow us on Facebook, Instagram, Twitter or LinkedIn to stay tuned to our latest offerings.

Chat on Whatsapp | Branch Locator | Email us - | Download App