Muthoot Finance is one of India’s most trusted names when it comes to gold loans. With a legacy of over 800 years in business and more than 5,700 branches across the country, Muthoot Finance Gold Loan products cater to a wide spectrum of financial needs — from personal emergencies to business expansions.
In this article, we’ll explore all you need to know about Muthoot Gold Loan, including its interest rates, eligibility, repayment options, and how it compares with other lenders.
What is a Muthoot Finance Gold Loan?
A Muthoot Finance Gold Loan allows you to pledge your gold jewellery as collateral to get instant funds. The loan amount is determined based on the value and purity of the gold, and you can get amounts ranging from ₹1,500 to ₹5 crore, depending on the scheme.
The process is simple, fast, and involves minimal documentation. Muthoot Finance also offers Gold Loan@Home, where you can avail of the loan from the comfort of your home.
Muthoot Gold Loan Features
| Feature | Details |
|---|---|
| Loan Amount | ₹1,500 to ₹5 crore |
| Interest Rate | Starting from 10.50% p.a. |
| Tenure | 1 to 12 months (some schemes up to 3 years) |
| Gold Purity Required | 22 to 24 carat |
| Loan-to-Value (LTV) | Up to 75% of the gold value |
| Repayment Modes | Bullet repayment, monthly interest, part-payment |
| Processing Time | As quick as 30 minutes |
Muthoot Finance offers more than 30 gold loan schemes for different customer profiles, including salaried individuals, business owners, women, and high-net-worth individuals.
Muthoot Finance Gold Loan Interest Rate 2025
The Muthoot Finance Gold Loan interest rate varies depending on the region (Southern branches vs Rest of India), the type of scheme, the loan amount, and the repayment terms. Rates typically start from as low as 10.50% per annum for elite customers and can go up to 22% per annum for certain high-risk or low-value schemes. Muthoot provides flexible rate slabs within a scheme, with rebates available on timely payments under selected plans. Southern branches generally offer slightly more competitive rates due to local market dynamics. Below is a comparative table showing key Muthoot gold loan schemes along with their respective interest rate ranges
Rest of India – Muthoot Finance Gold Loan Rate
| Scheme | Interest Rate (p.a.) |
|---|---|
| Muthoot OnePercent Loan (MOL) | 12.90% – 22% |
| Muthoot Delight Loan (MDL) | 22% |
| Muthoot Big Business Diamond | 11.50% – 22% |
| Muthoot Big Business Elite | 10.50% – 22% |
Southern India – Muthoot Finance Gold Loan Interest
| Scheme | Interest Rate (p.a.) |
|---|---|
| Muthoot Mudra Loan (MML) | 12.90% |
| Muthoot Best Value (MBL) | 17% – 23% |
| Muthoot Loan Mela (MLM) | 14.90% – 21% |
| Muthoot High Networth (MHN) | 12.00% – 21% |
Interest rates may increase in case of delayed repayment or loan rollover. Always consult your local branch for the latest Muthoot Gold Loan Interest Rate.
Download Muthoot Finance Gold Loan Interest Rate Chart Here
Charges and Fees for Muthoot Finance Gold Loan
While Muthoot offers competitive rates, it’s important to know the associated charges:
| Charge Type | Amount / Details |
|---|---|
| Processing Fee | ₹50 per fresh loan |
| Part Release Fee | ₹499 per transaction |
| Renewal Charges | ₹999 (if no transaction for 6 months) |
| Safe Custody Charges | ₹5 per gram/month (charged at closure or renewal) |
| Doorstep Gold Loan Charge | Up to ₹500 (if you opt for Gold Loan@Home) |
| Appraisal Fee (region-wise) | May apply in South branches |
| Late Payment Charges | Interest at 24% p.a. on delayed EMIs (for specific schemes) |
These charges may vary slightly depending on the branch, scheme, and region.
Eligibility Criteria for Muthoot Finance Gold Loan
To apply for a Muthoot Finance Gold Loan, you must meet the following conditions:
- Age: Minimum 21 years
- Gold: Should be 22–24 carat purity (jewellery only)
- Documentation:
- ID Proof (Aadhaar, PAN, Passport)
- Address Proof (Utility Bill, Driving License, Voter ID)
- Passport-size photograph
How to Apply for Muthoot Gold Loan
You can apply for a Muthoot Gold Loan through one of the following methods:
Visit a Branch
Walk into any of the 5,700+ Muthoot Finance branches with your gold and documents. Your gold will be evaluated, and the loan disbursed instantly.
Gold Loan at Home
Apply online via www.muthootfinance.com and get the Gold Loan at Home service, available in select cities.
Use the Muthoot App
Download the Muthoot Finance app to:
- Apply or renew a gold loan
- Make payments
- Track your loan status
Muthoot Finance Gold Loan Repayment Options
Muthoot Finance offers flexible repayment plans:
- Bullet Repayment: Pay full principal + interest at the end of the term
- Monthly Interest Scheme: Pay only interest monthly; principal at end
- Part-payment: You can pay any amount towards the principal at any time
- Preclosure: No foreclosure charges; save interest by closing early
Security and Insurance
All pledged gold is stored in secure vaults with 24/7 surveillance. Some schemes also include free gold insurance, offering peace of mind to customers.
Why Choose Muthoot Finance Gold Loan?
- Transparent pricing and flexible schemes
- Competitive Muthoot Finance Gold Loan Interest Rate
- Fast disbursal and minimal documentation
- Trusted brand with decades of gold loan experience
Muthoot Gold Loan vs Other Lenders
| Feature | Muthoot Finance | Banks |
|---|---|---|
| Processing Time | 30 minutes | 1 day |
| Minimum Loan Amount | ₹1,500 | ₹25,000+ |
| Interest Rates | From 10.50% | From 8.5% (but stricter approval) |
| Branch Network | 5,700+ | Limited to major locations |
Muthoot Finance is often preferred by customers who value speed, flexibility, and convenience over marginally lower interest rates offered by banks.
Conclusion
A Muthoot Finance Gold Loan is a fast, secure, and flexible financial solution when you need urgent funds. With attractive Muthoot Gold Loan interest rates, wide accessibility, and customized schemes, it remains one of the most popular choices in India.
Whether you’re looking for a short-term loan to handle a medical emergency or a business owner in need of working capital, Muthoot Finance has a gold loan product for you.
