What is the interest of 1 lakh in muthoot?
Muthoot Personal Loan EMI Calculator, Nov 2021 Lowest monthly EMI is ₹ 2,327 per lakh on Muthoot Fincorp Ltd. Bank personal loan as calculated using the lowest interest rate of 14.00% for the longest tenure of 60 months. For example, the table below gives the EMIs on Muthoot Fincorp Ltd.
What is the percentage of gold loan per gram in muthoot?
Muthoot Finance Gold Loan Key Features – Apply Now
| Muthoot Gold Loan Interest Rate | Starting 7% per annum |
|---|---|
| Muthoot Gold Loan Per Gram Rate | Muthoot Gold Loan Rate Per Gram Today is ₹ 3,506 to ₹ 4,621 |
| Muthoot Finance Maximum Loan Amount | Up to Rs. 1 Crore |
| Muthoot Finance Minimum Loan Amount | 90% LTV on Your Gold Market Price |
Which bank is best for gold loan in Bangalore?
Gold Loan Interest Rates in Bangalore
| Bank | Gold Loan Interest Rates |
|---|---|
| HDFC Bank | 10.50% – 14.50% |
| Federal Bank | 11.75% – 13.50% |
| Axis Bank | 14.50% – 17.00% |
| IIFL | 12.00% – 12.00% |
Is Muthoot Finance safe for gold loan?
The Muthoot Finance company assures its customers of utmost security and constant monitoring of all their facilities. Hence, customers can be reassured that their gold is in safe custody. Muthoot Finance gives gold loans starting from Rs. 1500 with no upper limit.
Which is best for gold loan?
List of Top 10 Banks / NBFCs offering Gold Loan in India – 2021
| Gold Loan Providers | Interest Rate | Tenure |
|---|---|---|
| HDFC Bank | 9.90% onwards | 3 months to 24 months |
| ICICI Bank | 11% p.a. onwards | 3 months to 12 months |
| Canara Bank | 7.65% p.a. onwards | 6 months to 2 years |
| Axis Bank | 12.50% p.a. onwards | From 3 months to up to 3 years |
Which is the lowest gold loan interest rate?
Low Interest Gold Loan Rates: Top 5 Banks
| Banks | Interest Rate | Tenure |
|---|---|---|
| ICICI Bank | 9.00% | 6 months to 12 months |
| HDFC Bank | 9.00% | 3 months to 24 months |
| Yes Bank | 9.99% | 6 months to 36 months |
| IndusInd Bank | 10.00% | 3 months to 24 months |
How much loan can I get for 1g gold?
As shown in the table above, if you take a loan against 18-carat gold, you will be eligible for a gold loan of Rs. 3,329 per gram of gold. A gold loan per gram rate of Rs. 3,409 per gram is available if you take out a loan against 22-carat gold.
Which bank gives highest value for gold loan?
Best Gold Loan Interest Rates Comparison
| HDFC Bank | 9.50% to 17.55% |
|---|---|
| Muthoot Finance | 12% to 27% |
| ICICI Bank | 10% to 19.76% |
| Punjab National Bank | 8.75% to 9.0% |
| Yes Bank | 8.40% to 14.40% |
Which bank is best for gold loan 2021?
List of Top 10 Banks / NBFCs offering Gold Loan in India – 2021
| Gold Loan Providers | Interest Rate | Fee |
|---|---|---|
| HDFC Bank | 9.90% onwards | 1.5% + GST |
| ICICI Bank | 11% p.a. onwards | 1% of the loan amount |
| Canara Bank | 7.65% p.a. onwards | 0.25% of the loan amount |
| Axis Bank | 12.50% p.a. onwards | 1% plus GST |
What is muthoot score?
Muthoot requires a minimum credit score of 650 to be eligible for a personal loan.
What is the gold loan interest rate in SBI?
SBI Gold Loan
| Interest Rate | Up to 7.30% p.a. onwards |
|---|---|
| Loan Amount | Up to Rs.50 lakh |
| Loan Tenure | Up to 3 years |
| Processing Fee | 0.50% of the loan amount + GST subject to a minimum of Rs.500 |
Who is better Manappuram and Muthoot?
As per the current rates, Muthoot offers a lower interest rate of 6.90% on Gold Loan when compared to Manappuram which offers a Gold Loan at 7.00%.
What is the interest rate of Muthoot gold loan?
Offers would be from partner banks/NBFCs only. Muthoot Finance Gold Loans can be availed by pledging your gold ornaments as collateral. Muthoot Finance offers various gold loan schemes at an interest rate of 11.90% onwards.
How much money can you get with Muthoot Finance?
The gold loan is approved very easily and disbursed quickly. Muthoot finance charges very less processing fees for the gold loan. The amount of gold loan starts from Rs. 18000 and can be up to 1 Crore. Muthoot finance offers the facility of the pre-payment.
What is the interest rate on gold loan in India?
The Gold Loan rate in India is 7.10% per annum. The interest rate depends upon a variety of components, namely: loan amount, loan tenure, purity of gold, and relationship with the bank. How much Gold Loan can I get per gram in Muthoot Finance?
Which is the best bank to get loan against Gold?
With Muthoot Fincorp, you can make a head start by availing loans against your gold the easiest and smart way.