Muthoot Finance Gold Loan Schemes | Interest Rates 2024 | EMI Calculator
Muthoot Finance Gold Loan– Get Gold Loans in 5 Minutes from muthoot. Check Interest Rates, EMI, Eligibility & Documents under various schemes of muthoot finance in all over India. Muthoot Finance Gold Loan is the largest and one of the leading financing company to offer gold loan. It is not among the top in India, but all around the globe. It disburse loan to more than 80,000 people every day. It is one of the trusted names in the gold loan segment. The company has a leading history of past 128 years. With Muthoot Finance Ltd. Gold loan service it is really simple to avail a loan within 5 minutes. You can check interest rates, EMI, eligibility and documents under various schemes of Muthoot Finance all over India.
Why Muthoot Finance is Best in Gold Loan:
- Over 81000 Daily Customers
- Minimum Loan amount ₹ 1500 and Maximum ₹ 1 crore
- Quick Disbursal & Fast processing
- Pre-Payment options available with penalty
- In-house gold evaluation facility
- Provides safe custody for gold ornaments
Muthoot Gold Loan EMI Calculator
Enter the following information in the below EMI calculator:
✓ Principal loan amount you wish to avail (rupees)
✓ Loan term (months or years)
✓ Rate of interest (percentage)
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Special offers running on Muthoot Finance Gold Loan for the Month
✓ Double Dhamaka Scheme – 8% discount in interest rate on payment of monthly interest
✓ USHA IRON box worth ₹ 845/ – for availing loan above ₹ 3 lakh*
✓ USHA Mixie worth ₹ 3795/ for availing loan above ₹ 10 Lakh*
Muthoot Finance Gold Loan Interest rates on Various Schemes
| PER GRAM RATE AND RATE OF INTEREST OF VARIOUS SCHEMES | |||||
| SL.NO | CATEGORY | CEILING R6TE RS.1967/- | KERALA | OUTSIDE KERELA | DELHI |
| 1 | One Percent Loan (MOL) | Upto 1 month | N.A. | N.A. | 12% |
| Above 1 months upto 3 months | N.A. | N.A. | 18% | ||
| Above 3 months upto 6months | N.A. | N.A. | 21% | ||
| Above 6 months upto 12months | N.A. | N.A. | 24% | ||
| Above 12 months(Penal Interest -3% addnl) | N.A. | N.A. | 24% | ||
| 2 | Mahila Loan (MML) | Upto 1 month | 12% | 12% | N.A. |
| Above 1 months upto 3 months | 15% | 15% | N.A. | ||
| Above 3 months upto 6months | 20% | 20% | N.A. | ||
| Above 6 months upto 12months | 24% | 24% | N.A. | ||
| Above 12 months(Penal Interest -2% addnl) | 24% | 24% | N.A. | ||
| 3 | Delight Loan (MDL) | Upto 1 month | N.A. | N.A. | 15% |
| Above 1 months upto 3 months | 20% | ||||
| Above 3 months upto 6months | 23% | ||||
| Above 6 months upto 12months | 26% | ||||
| Above 12 months(Penal Interest -3% addnl) | 26% | ||||
| 4 | Super loan (MSL) | Rebate 6%/ 3M(18%) – 3%/ 6M(21%) – 2% 9M(22%) Upto 12 months | 24% | Rebate 2%/1 M(21.5%)(DLH) 24% | 23.5% |
| Above 12 months(Penal Interest -2% addnl) | 24% | 24% | 23.5% | ||
| 5 | Premier Loan (MPL) | Upto 1 month | N.A. | N.A. | 20.5% |
| Above 1 months upto 3 months | 21.5% | ||||
| Above 3 months upto 6months | 22.5% | ||||
| Above 6 months upto 12months | 23.5% | ||||
| Above 12 months(Penal Interest -3% addnl) | 23.5% | ||||
| 6 | Highvalue Loan (MHL) | Rebate 6%/ 3M(16%) – 6%/ 6M(18%) – 2% 9M(20%)(South) Upto 1 month(Delhi) | 16% | ||
| Above 1 m upto 3 m (Delhi) | 18% | ||||
| Above 3 months upto 6 months(Delhi) | 20% | ||||
| Above 6 months upto 9 months(Delhi) | 22% | ||||
| Above 9 months upto 12 months | 22% | 22% | 23% | ||
| Above 12 m(Penal Int.-2% addnl & 3% for Delhi) | 22% | 22% | 23% | ||
| 7 | Highvalue Loan (MHL Plus) (Above 20 L) | Rebate 8% /3 M(14%) – 4% / 9M(18%) – 2% / 12M(20%) Upto 12 months | 22% | 22% | N.A. |
| Above 12 months(Penal Interest -2% addnl) | 22% | 22% | |||
| 8 | Interest Prepaid Loan (IPL) | 3 months (After 3 months,22% p.a.) | 17% p.a. | 17% p.a. | N.A. |
| 6 months (After 6 months,22% p.a.) | 16% p.a. | 16% p.a. | N.A. | ||
| 12 months (After 12 months,22% p.a.) | 12% p.a. | 12% p.a. | N.A. | ||
| Premature closure-22% p.a. | |||||
| 9 | Advantage loan (MAL) | Rebate 5% /3 month(17%)- for South Rebate 3% /6 months(19%) – for South Upto 3 months(DLH) |
18% | ||
| Above 3 months upto 6 months(DLH) | 22% | ||||
| Above 6 months upto 12 months | 22% | 22% | 24% | ||
| Above 12 months(Penal Interest -2% addnl) | 22% | 22% | 24% | ||
| 10 | Muthoot Overdraft Scheme (MOS) | Upto 12 months | 19% | 19% | 19% |
| Above 12 months(Penal Interest -2% addnl) | 19% | 19% | 19% | ||
| 11 | Zero Interest Loan (ZIL) | 0% interest | 0% | 0% | 0% |
| 24% for delayed EMI for the delayed Period | |||||
| 12 | Freedom Gold Loan (FGL) | Rebate 2% / 1M(18%-NACH) – 1% /1M(19%-Non NACH) Upto 12 months | N.A. | 20% | 20% |
| Above 12 months(Penal Interest -2% addnl) | 20% | 20% | |||
| 13 | Muthoot EMI Scheme (MES) | >6/12 instalments | 21% p.a. | 21% p.a. | 21% p.a. |
Who is eligible to avail a Gold Loan?
Anyone, above the age of 18, can avail a loan against gold. The borrower needs to provide gold ornaments and all required documents.
What type of security do I need to provide? Do I need a guarantor?
The only security which is required is the very gold they pledge with Muthoot Finance Ltd. There is no need for an external/third party guarantor.
What is the minimum/maximum tenure of the gold loan?
The minimum tenure for muthoot gold loan is 1 day and maximum tenure is 15 months, each loan has a different tenure.
How can I repay my loan? What different options are available for the repayment?
The loans can be repaid in a flexible manner. You must repay the loan at any of muthoot bank branches by cash or cheque.
How can I apply for a Gold Loan with Muthoot Finance Ltd.
In order to receive funds against your gold ornaments with Muthoot Finance Ltd. you will have to walk into any of Muthoot Bank branches and inform the customer care executive of the same. The executive will then have you fill out a KYC form and guide you through the rest of the process.
How much can I expect for my gold?
This depends on the rate of gold on that date and the purity of gold in the ornaments.
I need some more information, how can I contact Muthoot Finance Ltd.?
You can reach Muthoot Gold Loan at 011 3051 3051, or You can also voice your concerns on Muthoot Bank facebook and twitter pages.
Muthoot Finance Overview
Muthoot Finance Ltd. is an Indian financial corporation. Muthoot Finance known as the largest gold financing company in the world. Maximum Loan Value, Lowest Interest Rates and Free insurance are main features of the company. Muthoot Finance has over 25000 employees, 4200+ branches all over the India and 6 million customer base. You can reach Muthoot finance through its customer care toll free numbers – 1800 212 3644 / 1800 121 1210 / +91 11 3051 3051 / +91 8000451451
List of Branch Address for Gold Loans from Muthoot Finance
| City | Branch Address |
| Daman | ANURADHA COMPLEX, MASHAL CHOWK,DAMAN, DAMAN AND DIU, 396210 |
| Raipur | RAIPUR – FAFADIHPLOT NO. 60, OPP. STATE BANK OF INDIA ,RAIPUR, CHHATTISGARH, 492009 |
| Mumbai | SHOP NO.1,2,3, SHIVSHANKAR CHS, BERISTERNATH PAI MARG ,NEAR MANKESHWAR MANDIR ,MAZGAONMUMBAI CITY, MAHARASHTRA, 400010 |
| Mumbai | 1ST FLR., OM ASHIRWAD CHS, N.C.KELKAR RD., DADAR (W)MUMBAI CITY, MAHARASHTRA, 400028 |
| Mumbai | 1ST FLOOR VAIBHAV SOCIETY,BLDG NO.24 SHASTRI NAGAR LINK ROADMUMBAI CITY, MAHARASHTRA, 400104 |
| Thane | A EASTSHOP NO. 5 & 6 MARTIN COMMERCIAL COMPLEX NEW LINK ROADTHANE, MAHARASHTRA, 401209 |
| Nashik | 1ST FLOOR, ANAND MALL NEAR BYTCO POINT JAIL ROAD, NASHIK ROADNASHIK, MAHARASHTRA, 422101 |
| Goa | INAM COMPLEX ABOVE APOLLO PHARMACY,1ST FLOORNORTH GOA, GOA, 403001 |
| Goa | HOUSE NO.907, OPP. CENTRAL HOSPITALNORTH GOA, GOA, 403406 |
| Goa | TRINITY PARQUE SHOP NO 12SOUTH GOA, GOA, 403708 |
| Surat | SHOP NO.24-26, 1ST FLOOR, SHEETAL COMPLEX, NR. SAGAR DAIRY, BHATAR ROADSURAT, GUJARAT, 395001 |
| Vadodara | 24-28, 1ST FLOOR, SHIVALAY-2, NR. RANESHWAR TEMPLE, OPP: ICFAI COLLEGE, VASNA ROAD,VADODARA, GUJARAT, 390015 |
| Surat | UPPER GROUND FLOOR, SHOP NO-2 & 3,VISHWAKARM ARCADESURAT, GUJARAT, 395009 |
| Vadodara | 101-102, 111-112, 1ST FLOOR, NAKSHATRA ABOVE STATE BANK OF INDICA, HARNI ROADVADODARA, GUJARAT, 600000 |
| New Delhi | 11A/11, Old Rajinder Nagar, Rajinder Nagar, New Delhi, Delhi 110060, India |
| New Delhi | E-4, PT Narender Kumar Pandey Marg, Block C 1, Bhim Nagri, Hauz Khas, New Delhi, Delhi 110016, India |
| New Delhi | B St, DDA Flats, Munirka, New Delhi, Delhi 110067, India |
| Bangalore | IBM India Pvt Ltd D3 Block, Vittal Mallya Rd, KG Halli, D Souza Layout, Ashok Nagar, Bengaluru, Karnataka 560001, India |
| New Delhi | Ground Floor, Property No 2/8-a, Commercial Complex, Opposite New Friends Colony, Maulana Mohammad Ali Jauhar Marg, Sarai Jullena, New Friends Colony, New Delhi, Delhi 110065 |
| Delhi | Shop No,11/245,HDFC ATM, Block 13, Geeta Colony, New Delhi, Delhi 110031 |
| Bangalore | Aurobindo Marg, 4th Block, Jayanagar, Bengaluru, Karnataka 560011 |
| Bengaluru | Zonal Office Number 84/3, UCF Center, Ground Floor, Linganrajapuram, Bengaluru, Karnataka 560084 |
| Indiranagar | No. 647/1, 1st Main, Indira Nagar 1st Stage, 100 Feet Road, Indiranagar Double Rd, Eshwara Layout, Indiranagar, Bengaluru, Karnataka 560038 |
| Ghaziabad | Shop No. 14, 2nd Floor, Nipun Plaza, Sector 4, Vaishali, Ghaziabad, Uttar Pradesh 201010 |
| Ghaziabad | Dr Sushila Naiyar Marg, Vaibhav Khand, Indirapuram, Ghaziabad, Uttar Pradesh 201014 |
| Noida | Amaltash Marg, Raghunathpur, Sector 22, Noida, Uttar Pradesh 201301 |
| Noida | 107-A, First Floor, P-6, Ocean Complex, Opposite The Great Indian Place Mall, Above Vipul Motors, P Block, Sector 18, Noida, Uttar Pradesh 201301 |
| Jaipur | Office No. 203, Jamuna Tower, Plot No. 13, Govind Marg, Opp. Raja Park, Adarsh Nagar, Jaipur, Rajasthan 302001 |
| Jaipur | Khatipura Rd, Parivahan Nagar, Khatipura, Jaipur, Rajasthan 302012 |
| Jaipur | 361, Himmat Nagar, Tonk Road, Mahaveer Nagar-1, Bajaj Nagar, Jaipur, Rajasthan 302018 |
| Indore | Ahinsa Tower, Mahatma Gandhi Rd, Race Course Rd, Old Palasia, Indore, Madhya Pradesh 452001 |
| Indore | Premises No F-2, 1st Floor, Ahinsa Tower, 7, M G Road, M G Road, Indore, Madhya Pradesh 452001 |
| Indore | Ground Floor, Khatiwala Tank Main Road,Tower Chouraha Road, Tower Chouraha, Khatiwala Tank, Navlakha, Indore, Madhya Pradesh 452001 |
| Gwalior | Near JDA Complex, Alakananda Tower, City Center, Gwalior, Madhya Pradesh 474011 |
| Gwalior | Jayendraganj, Naya Bazar, Gwalior, Madhya Pradesh 474009 |
| Bhopal | 80 Feet Rd, Ashoka Garden, Ashok Vihar, Bhopal, Madhya Pradesh 462023 |
| Bhopal | No.1,Ground Floor,Opposite Krishna Plaza, Indore Road,Main Road, Near Sindu Cinema, Hirdaram Nagar, Hemu Kalani, Bairagarh, Bhopal, Madhya Pradesh 462030 |
| Bhopal | Ground Floor, 131/3, Obedulla Ganj Rd, Near Pragati Petrol Pump, Zone-II, Maharana Pratap Nagar, Bhopal, Madhya Pradesh |
| Trichy | NO 4, ARN Complex, Kamarajar Rd, Mela Kalkandar Kottai, Tiruchirappalli, Tamil Nadu 620011 |
| Trichy | 90, 4th Floor, MDSR Enclave , Bharathidasan Salai, Tiruchirappalli, Tamil Nadu 620001 |
| Trichy | No. 5, Pugallia Pillai Street, Rock Fort Towers, NSB Road, Chinnkadi Street, Tiruchirappalli, Tamil Nadu 620002 |
| Cochin | Vadachira Building, 1st Floor, Door No.X/28E, Opposite Collectorate South Gate, Civil Station Road, Cochin, Kakanad, Ernakulam, Kerala 682030 |
| Cochin | 1st Floor, NJK Tripthi Building, Sahodaran Ayyappan Road, Valanjambalam, Pallimukku, Kochi, Kerala 682016 |
| Kochi | First Floor, Manama Tower, Aroor – Thoppumpady Rd, Opposite BOT Bridge, Pyari Junction, Thoppumpady, Kochi, Kerala 682005 |
| Trivandrum | Muthoot Building, Near Josco Jewelry, Pattom, Thiruvananthapuram, Kerala 695004 |
| Trivandrum | Mangala Saudam Building, Sasthamangalam Rd, Vellayambalam, Thiruvananthapuram, Kerala 695010 |
| Trivandrum | 1st Floor, Ambady Arcade, Kanjirampara, Thiruvananthapuram, Kerala 695030 |
| Hyderabad | 16-2-677/2, Tirumala Tower, Judges Colony, Malakpet, Hyderabad, Telangana 500036 |
| Hyderabad | Hitech City, Arunodhaya Colony, Madhapur, Hyderabad, Telangana 500081 |
| Hyderabad | Jaihind Enclave, Madhapur, Hyderabad, Telangana 500081 |
| Hyderabad | Dargah Yousufain Rd, Ghosha Mahal North, Nampally, Hyderabad, Telangana 500001 |
| karimnagar | Christian Colony, Karimnagar, Telangana 505001 |
| karimnagar | 1 65 505215, 10-1-65, Vemulawada Rd, Karimnagar, Telangana 505215 |
| Secundrabad | Plot No.163, Opposite Kharkhana Police Station, KrKhana Main Road, Vasavi Nagar, Karkhana, Secunderabad, Telangana 500015 |
| Secundrabad | Building No-7-1-624, First Floor, Mahatma Gandhi Road, Market Street, Secunderabad, Hyderabad, Telangana 500003 |
| Kolkata | No 150, Unit No.2, 1st Floor, Lenin Sarani Road, Near Wellington Crossing, Kolkata, West Bengal 700013 |
| Kolkata | 21, 2nd Floor, Grosvenor House, Camac Street, Shakespeare Sarani, Near Pantaloons, Park Street area, Kolkata, West Bengal 700017 |
| Kolkata | Bidhan Sarani Road, University Of Calcutta, Sinthi, Kolkata, West Bengal 700050 |
| Kolkata | Jatindra Mohan Ave Rd, Maniktala, Girish Park, Darjipara, Beniatola, Kolkata, West Bengal 700006 |
| Patiala | 55, 1st floor Choti Baradari, Mall Rd, Baradari, Patiala, Punjab 147001 |
| Lucknow | Urban Estate Phase II, Urban Estate, Patiala, Punjab 147002 |
| Lucknow | FF-9,Aarohi Plaza, Patrakar Puram Road, Vikas Khand, Gomti Nagar, Lucknow, Uttar Pradesh 226010 |
| Lucknow | Hari Om Complex, Faizabad Rd, Bhoothnath Market, Indira Nagar, Lucknow, Uttar Pradesh 226016 |
| Ludhiana | 154, 1st floor, Above IDBI bank, Ludhiana, Punjab 141010 |
| Ludhiana | Upper Gruond Floor, Premises No. B36-290/1, Pakhowal Rd, Canal Bridge, Vikas Nagar, Shaheed Bhagat Singh Nagar, Ludhiana, Punjab 141001 |
| Jalandhar | First Floor, Sethi Complex, Hosiarpur Road, Opposite PNB, Rama Mandi, Jalandhar, Punjab 144023 |
| Jalandhar | 2nd Floor, Chopra Building, Near BMC Chowk, Adjoint Vishal Mega Mart, New Jawahar Nagar, Jawahar Nagar, Jalandhar, Punjab 144001 |
| Faridabad | Shop No. 2DK/7, Shivala Mandir Road,, Deep Chand Bhartia Marg, New Industrial Town, Faridabad, Haryana 121001 |
| Faridabad | 1st Floor, SCF57, Sector 15, Faridabad, Haryana 121007 |
| Panchkula | First Floor, SCO No. 248, 215, Near ICICI Bank, Sector 20, Panchkula, Haryana 134117 |
| Chandigarh | SCO 2902,, Dakshin Marg, 22C, Sector 22, Chandigarh, 160022 |
| Chandigarh | Ground Floor, SCO No.2429, Sector 22C, Chandigarh, 160022 |
| Chandigarh | First Floor, SCO No. 248, 215, Near ICICI Bank, Sector 20, Panchkula, Haryana 134117 |
