How much is gold loan per gram in muthoot?
Muthoot gold loan per gram for 22 K gold is ₹ 3,104 and for thus, for 100 gms, the gold loan per gram will be ₹ 3,10400. The amount for the loan you can avail from Muthoot will further depend on LTV, which is 75% of the market’s gold value. In addition, Muthoot offers a maximum loan amount of upto Rs. 50 lakh.
How many Muthoot Finance branches in India?
Muthoot Finance falls under the category of systematically important non-banking financial company(NBFC) of the RBI guidelines. The company has more than 4,500 branches spread across 29 states and union territories of India.
Is Muthoot Finance a good company?
Muthoot Finance is rated 3.6 out of 5, based on 2k reviews by employees on AmbitionBox. Muthoot Finance is known for Job Security which is rated at the top and given a rating of 3.7. However, Career growth is rated the lowest at 3.1 and can be improved.
What is the interest of 1 lakh in Muthoot Finance?
23% p.a.
Muthoot Premier Loan or MPL is a gold loan scheme for borrowers who wish to avail loan amount starting at Rs. 1 lakh for a tenure of 1 year….11. Muthoot Premier Loan (MPL)
| Minimum Loan Amount | Rs.1 lakh |
|---|---|
| Maximum Loan Amount | No limit |
| Rate of Interest | 23% p.a. |
What is the interest of 1 lakh in muthoot?
Where is muthoot head office?
Kochi, IndiaMuthoot Finance / Headquarters
What is the interest rate of Muthoot Finance?
Muthoot Gold Loan
| Name of Scheme | Muthoot Finance Gold Loan |
|---|---|
| Rate of Interest | 12% p.a. to 27% p.a. |
| Loan Amount | Rs.1,500 with no maximum limit |
| Loan Tenure | 7 days to 36 months |
Where is Muthoot Finance head office?
Which bank is best for gold loan?
Top 6 Banks Offering Cheapest Gold Loans For Farmers at Attractive Interest Rates; Details Inside
| Bank/NBFC | Gold Loan Interest Rate | Processing Fee |
|---|---|---|
| SBI | 7.00% to 7.50% | 0.50% + GST |
| Punjab & Sind Bank | 7.00% to 7.50% | Rs.500 to 10000 max |
| Union Bank | 7.25% to 8.25% | – |
| Canara Bank | 7.35% | Rs.500 to Rs.5000 |
What is the rate of gold loan?
Gold Loan Details
| Interest Rate | 7.35% p.a. onwards |
|---|---|
| Loan Amount | Up to Rs.1 crore |
| Loan Tenure | Up to 20 years |
| Processing Fee | 0.5% the loan amount + GST onwards |
What is EMI for gold loan?
₹ 9,308. ₹ 19,483. ₹ 30,605. The lowest EMI for a tenure of 3 years is ₹ 3,180 at 9.00% . If you take a loan for 2 years at the same rate of interest, you will have to pay a higher EMI of ₹ 4,568 .
How much interest will I get for 10 lakhs?
The 10 lakh rupees fd interest varies from bank to bank. Currently Interest rate on 10 lakh ranges between 1.75% to 7.35%.
Which is the cheapest gold loan?
Popular Banks with Lowest Rates on Bullet Repayment Scheme
| Bank name | Gold loan Interest rate | Tenure |
|---|---|---|
| HDFC Bank | 9.00% – 15.00% | 3 months to 24 months |
| Yes Bank | 9.99% – 9.99% | 6 months to 36 months |
| Fincare Small Finance Bank | 10.99% – 24.99% | 3 Months to 9 Months |
| Axis Bank | 14.50% – 16.50% | 6 months to 24 months |
What is muthoot interest free gold?
Under the scheme, loans up to Rs 10,000 will be given per individual for six months. No interest will be charged for a period of 90 days. In addition, there will be no processing charges. One applicant will be eligible for only one loan under the scheme, which can be availed by producing the student’s ID card.
Which bank is best for interest?
Fixed Deposit Interest Rates by Different Banks
| Bank | Tenure | Interest Rates for General Citizens (per annum) |
|---|---|---|
| HDFC Bank | 7 days to 10 years | 2.50% to 5.50% |
| Axis Bank | 7 days to 10 years | 2.50% to 5.75% |
| Union Bank of India | 7 days to 10 years | 3.00% to 5.60% |
| Canara Bank | 7 days to 10 years | 2.95% to 5.50% |
What is the interest of 5 lakh in SBI?
State Bank of India FD Returns Based on Investment Amount
| Investment Amount | For 3 years with interest of 5.45% | For 5 years with interest of 5.5% |
|---|---|---|
| ₹ 50,000 | ₹58859 | ₹65785 |
| ₹ 1 lakh | ₹117719 | ₹131570 |
| ₹ 2 lakh | ₹235438 | ₹263141 |
| ₹ 5 lakh | ₹588595 | ₹657852 |