GOLD RATE ON 7 November 2024 7,241/GM
Customers can pay Part principle amount along with monthly interest by choosing Flexible Monthly Interest scheme. This helps to reduce principal liability of the loans.
Muthalagu Gold Loan offers gold loan on Monthly EMI repayment mode. Customers can take options on EMI schemes with the lowest Jewel loan Interest rate. On every EMI, Principal portion and Interest portion is served.
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We do a KYC check. Photo ID and Address Proof is a mandatory requirement. Your Aadhaar Card has both.
As a fraud and safety feature, a verification phone call to your family is required.
You can apply for a gold loan if you are a trader, businessman, salaried employee or self-employed or a farmer and age between 21 – 65 years. The Loan amount is maximum of Rs 50 Lakhs per customer. We provide gold loan against on gold jewellery/ornaments with purity of Gold between 18 to 24 carats and also avail up to 75% LTV of your gold by meeting the easy eligibility criteria.
Documents required for approval of your
gold loan are:
• Id proof, such as your Driving
License, Pan Card, Form 60/61, Passport,
and Voter ID card.
• Address proof, such as House
Registration Documents, and Utility
Bills
The mode of disbursement for loan can be done through cash, IMPS/NEFT/RTGS.
Yes, there are several schemes available that offers gold loan on EMI as a repayment option. The repayment tenure for your Gold on EMI can range from 3 to 36 months. This smart option comes with free NACH registration and a steady interest rate (even post-delayed monthly payments) for a stipulated period.
Yes, there are several schemes available that offers gold loan on EMI as a repayment option. The repayment tenure for your Gold on EMI can range from 3 to 36 months. This smart option comes with free NACH registration and a steady interest rate (even post-delayed monthly payments) for a stipulated period.
Muthalagu Towers,
117/4, Meenakshipuram,
Theni Main Road,
Madurai,
Tamilnadu - 625018
