Muthoot Finance is renowned for providing competitive gold loans with interest rates starting at 10.90% p.a. The loan amount offered ranges from Rs 1,500 to Rs 5 crore, with tenures between 1 to 12 months, allowing for flexible repayment periods. Loans are provided against gold ornaments of 22 to 24 carat purity, and the loan-to-value ratio can reach up to 75% based on gold purity.

The company offers various gold loan schemes tailored to meet diverse customer needs. Notable options include Muthoot MUDRA Loan, Muthoot Advantage Product, Muthoot High Value Loan, and Muthoot Delight Loan, with interest rates from 10.90% p.a. to 15.00% p.a. These schemes are accessible at MFL branches primarily located in southern India.

Beyond gold loans, Muthoot Finance also offers services like doorstep delivery, online gold loan application, and complimentary insurance for pledged gold items. Their straightforward and transparent repayment methods include monthly interest payments, bullet payments, or partial payments for borrower convenience.

Muthoot Finance levies several charges for its gold loan services including service fees on new loans, SMS charges, safe custody fees, and charges for loan @ home services. These fees may vary by branch location.

Applicants for a Muthoot Finance gold loan must be resident Indians aged 21 and above. The pledged gold should be 22 to 24 carats in purity. Loan amounts are calculated based on the per gram value of the gold jewelry. Required documentation includes photo ID, address proofs, and passport-sized photos.

Overall, Muthoot Finance is a dependable lender offering competitive rates, flexible repayment options, and exceptional customer service. Whether for personal or business purposes, Muthoot Finance is an excellent choice to address financial needs.