Gold Loan from Home Application Process
How can I apply for a Gold Loan from Home?
You can book an appointment for a Gold Loan from Home through our app or by visiting our website www.muthootfincorpone.com or through WhatsApp: 9633740733. Once an appointment is scheduled our representatives will be in touch within 24-48 hrs for the next steps.
What documents do I need to get a Gold Loan from Home?
To get a Gold Loan from Home you need to share the following documents to get started with your Gold Loan application: - ID Proof: Aadhaar Card, Voters ID, PAN Card, or Driving License - Address Proof: Aadhaar Card, Voter ID, Driving License, or Utility Bill (Phone/Gas/Electricity/Water/Broadband, etc.) - PAN Card or Form 60
Do I need a bank account to get a Gold Loan from Home?
Yes, you must have an active bank account to get a Gold Loan from Home. The loan amount is transferred directly to the bank account shared with us.
What are the steps for approval to get a Gold Loan from Home ?
Upon booking the appointment, our Loan Manager will visit your home at the agreed time. These are the steps to get a Gold Loan from Home
a.Evaluation of your Gold jewellery
b.Your KYC verification
c.Electronic submission of your documents
The Loan Manager will guide you through these steps and ensure the amount is credited to your bank account before closing your appointment for our Gold Loan from Home.
How is my gold assessed/evaluated?
Our Loan Manager will weigh each of the gold ornaments and enter the price and weight of these ornaments in our system. The purity of your gold ornaments is assessed through industry-approved tests. The entire process takes place at your home to maintain transparency.
Can I extend my loan tenure?
We currently do not offer the option to extend your loan tenure through our app. However, you can head to a Muthoot FinCorp branch near you for more information about the renewal of a gold loan or the re-pledge process.
Can I withdraw a part of the gold that I have pledged?
We currently do not offer a partial release of your pledged gold ornaments through our app. However, you can head to a Muthoot FinCorp branch near you to know more.