What is the Minimum and Maximum Amount Sanctioned for My 24x7 Gold Loan Top-Up?


Are you an existing Muthoot FinCorp ONE Gold Loan customer looking to unlock the residual amount of your pledged gold? With the 24x7 Gold Loan Top-Up, you can now avail the funds you have not utilized to its full loan-to-value (LTV) potential.

Today we will explore the minimum and maximum amounts sanctioned for a 24x7 Top-Up loan in a day, along with some other information that might come in handy.


Minimum Top-Up Loan Amount: Rs. 1,000 If you are eligible for a 24x7 Top-Up loan, the minimum amount you can get a top-up loan amount as low as Rs. 1,000. This allows you to access a small portion of the unused funds from your active Gold Loan.

Maximum Top-Up Loan Amount: Rs. 5,00,000 The maximum amount sanctioned for a 24x7 Top-Up loan in a day is Rs. 5,00,000. This provides you with the flexibility to access a substantial sum of money based on the available top-up amount and your LTV conditions.

Multiple Loans Upon One Active Loan: You can take multiple 24x7 Top-Up loans upon 1one active loan. However, this is subject to your LTV conditions and the residual balance available in your active Gold Loan account. It allows you to access additional funds whenever you need them, without the need for a new loan application.

Same Interest Rate As Corresponding Gold Loan: The 24x7 Top-Up loan carries the same interest rate as your corresponding active Gold Loan. This ensures consistency and transparency in the interest charges, making it easier for you to manage your finances.

Tenure Based on Remaining Gold Loan: The tenure of your 24x7 Top-Up loan will be the remaining tenure of your corresponding active Gold Loan. This means that the repayment period for the top-up loan aligns with the time left on your original loan. However, please note that only active Gold Loans with a minimum residual tenure of 50 days will be considered for a top-up loan.

Value-Added Service for Existing Customers: The 24x7 Gold Loan Top-Up is a value-added service exclusively designed for existing Muthoot FinCorp ONE Gold Loan customers. It caters to customers who have pledged their gold under various schemes but have not utilized the full loan-to-value potential. With this facility, you can now access the residual amount and make the most of your gold's value.

The 24x7 Top-Up loan provides existing Muthoot FinCorp ONE Gold Loan customers with the opportunity to access unused funds from their pledged gold. Whether you need a small amount or a substantial sum, you can get a minimum of Rs. 1,000 and a maximum of Rs. 5,00,000 in a day.

With the same interest rate as your corresponding Gold Loan and a tenure aligned with the remaining loan period, the 24x7 Gold Loan Top-Up offers convenience and flexibility. Take advantage of this value-added service and unlock the true potential of your gold assets today.

Muthoot FinCorp ONE, as an SBU of Muthoot FinCorp Limited, is a one-stop solution for your finances. With a legacy spanning over 135 years and the trust of more than 1 crore customers, you can be confident that when you are with Muthoot FinCorp ONE, you are with the best in the business.

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