All About Muthoot Gold Loan Panipat
If you need the money to meet short-term requirements of life like a child’s education, marriage, and other financial problems, then you can consider availing a Muthoot Gold Loan. It is a loan that offers monetary support to people by involving gold as collateral.
About Gold Loan
A loan taken against some gold ornaments or jewelry to get money in return is known as Gold Loan. In this type of loan, you pledge your gold to the company and get a certain amount of funds according to the value of your gold. The company keeps your gold under the security and whenever you repay the amount you get back you gold as it is.
Why one should apply for Muthoot Gold Loan Panipat?
Muthoot Finance is a nonbanking financial company (NBFC’s) with more than four thousand branches all over India and the largest Gold loan providing NBF Company in the country It was established in 1939.TheNBF Company has a good repute among people and the company is credible too. There is no risk of the bluff at all. Muthoot finance serves to the customers with other financial products like personal loans but Muthoot is known for a Gold loan. With the help of Gold Loan, people get a gold loan to overcome their financial crises.
Features of Muthoot Gold Loan Panipat
- Approved very easily and disbursed quickly.
- You can avail Loan up to Rs.1 Crore or more & up to 70% of value for any purpose
- You can give your gold jewelry as a security to get a gold loan.
- You get 100% Safety & Security of your Gold Jewellery
- Get your Loan processed in less than 30 minutes
- Enjoy Anytime Liquidity.
- No EMI, Service only Interest and enjoy the Loan facility
- Simple documentation and fast processing.
- Overdraft limit varies depending on the market rate of gold.
- The interest rate is payable the only amount of the overdraft that you use.
- Gold funds, Gold bars, Minted Gold coin, and Magalsutra are not acceptable
- A cosigner is not required
- Muthoot finance charges very low processing fees for the gold loan and lowers Interest Rates
- The amount of gold loan starts from Rs. 15k and can be up to 1 Crore depend upon your Gold weight.
- In-house gold estimation
- Prepayment facility this means that you can close your loan before the tenure period without any extra charges
Muthoot Gold Loan Panipat Eligibility Criteria
- The minimum loan amount for taking a gold loan is Rs. 18,000. The maximum loan amount will depend upon the weight of the gold, profile of the customer, etc.
- Applicant Minimum: 18 years
- Applicant Maximum (at loan maturity): 65 years
- Gold jewelry should be owned by the applicant or any of the family members.
Documents Required for Muthoot Gold Loan Panipat
- Proof of Identity: Passport Copy/ Voters ID card/ Driving License/Adhaar card/PAN card.
- Address Proof: Ration card/ Tel, Electricity Bill/ Rental bill/ Passport copy/Trade license /Shop & Est. License/Sales Tax certificate.
- Signature Proof: Passport Copy/Driving License/Banker’s verification/cheque.
- 2 passport size photographs
Additional Documents Required:
The banks generally demand the above-given documents. However few banks demand some additional documents, which are mentioned below:
- Land Proof: In case of Agriculture Loan of more than Rs. 1 lakh Proof is not required for allied agriculture purposes.
- A Demand Promissory Note
- Certificate by the Jewel Appraiser (Bank will arrange).
- Income Proof: Salary Certificate and Form No.16.
Rate of Interest for Muthoot Gold Loan Panipat
The interest rates are very much less as compared to unsecured loans. It takes only 30 minutes to get disbursed.
- Muthoot Finance Gold Loan interest rate – 10.50% onward
- Processing fee 1.5%
- Lone Tenure – 3month to 36month
- Loan Amount – RS.18, 000 to RS. 1cr
- The purity of eligible gold – 18carat to 22carrat
How to apply for Muthoot Gold Loan Panipat?
You can apply online for Muthoot Gold Loan by visiting www.dialabank.com
Fill the application form online. The form is very simple to fill it requires very basic information of yours. After that, you will get a call back from our side within a few minutes. You will get all the guidance from the experts we will provide you with the lowest interest rate on your Gold.
Call us for more details 95920-46860
Benefits of applying through Dialabank for Gold Loan
Personalized Service – Our trained Relationship Managers will understand your requirements and your profile and help you find the most suitable Gold Loan offer.
Research – Benefit from our detailed research on all the products from the leading Gold Loan players in the market and make the right choice.
Zero Charges – Dialabank offers personalized service to its customers without any charges (No fee). Use our services to find the right Gold Loan deal at no extra cost.
Unbiased and Transparent Search – Our objective is to simplify your Gold Loan search and we provide information in an unbiased and transparent manner.
Rate Comparison – We help you understand the details of all costs involved in taking a Gold Loan and help you find the Cheapest Offer.
Panipat is a historic City in Haryana, India. It is 90 km north of Dehli and 169 km south of Chandigarh on NH-1. The city is famous in India by the name of “City of Weavers” and “Textile City”.
Table of Contents
- 1 All About Muthoot Gold Loan Panipat
- 1.1 About Gold Loan
- 1.2 Why one should apply for Muthoot Gold Loan Panipat?
- 1.3 Features of Muthoot Gold Loan Panipat
- 1.4 Muthoot Gold Loan Panipat Eligibility Criteria
- 1.5 Documents Required for Muthoot Gold Loan Panipat
- 1.6 Additional Documents Required:
- 1.7 Rate of Interest for Muthoot Gold Loan Panipat
- 1.8 How to apply for Muthoot Gold Loan Panipat?
- 1.9 Benefits of applying through Dialabank for Gold Loan
- 1.10 About Panipat