Gold Loan

A quick Gold Loan against your Gold Muthoottu Mini’s Cornerstone Service.You can expect:

  • Minimum loan amount of Rs 1500 with no maximum limit
  • Safe custody for gold ornaments
  • Pre-payment option-without any penalty
  • Minimal documentation
  • In-house gold evaluation
  • Best customer service with a shorter response time
In order to cater to various sectors in the economy, we have customised the following Loan Products :Mahila Loan – Empowering the Woman EntrepreneurMM Aaswas – Strengthening the Rural poorMM Ezedaily –For the Small business entrepreneur- Pay daily InterestMM Premier–For the HNI and Trading CommunityMM Pre-Pay–Pay the Interest Upfront and avail fixed Interest and no monthly interest paymentsEmZee –Gold loan with an EMI Repayment Schedule (12 and 24 months)MM Regular– Need based /Tailor made for your need.Online GoldLoan –Paper free , easy access

How we work:

  • Safe lock your Gold ornaments at your nearest Muthoottu mini branch.
  • Register for Online Gold Loan Service and link your savings bank account.
  • Get the loan amount credited to your bank account anytime using our mobile app or website
INTEREST RATE STRUCTURE OF VARIOUS GOLD LOAN SCHEMES
Products Product Description Interest Slab Loan Tenure Rate/Gram Min Loan Amnt. Max Loan Amnt.
Smart Loan Instant Solution for Urgent Financial requitment. High rate per gram assured.Monthly Interest Payment
0-30 Days :18.00% 0-60 Days :21.00% 0-180 Days :24.00% 0-270 Days :26.00%
270 Days Maximum rate/Gram 3000/- Unlimited
Smart Loan+ Instant Solution for Urgent Financial requitment. High rate per gram assured. Interest Payments at two month interval
0-60 Days :19.00% 0-90 Days :22.00% 0-180 Days :24.00% 0-270 Days :26.00%
270 Days Maximum rate/Gram 3000/- Unlimited
Smart Loan++ Instant Solution for Urgent Financial requitment. High rate per gram assured. Interest Payments at three month interval
0-90 Days :20.00% 0-180 Days :24.00% 0-270 Days :26.00%
270 Days Maximum rate/Gram 3000/- Unlimited
Elite loan Available at Select Branches. Custom Loans with High rate per gram and lower rate of Interest
0-90 Days :16.00% 0-150 Days :20.00% 0-270 Days :24.00%
270 Days Maximum rate/Gram 25000/- 199999/-
MM Premier Loan Big Ticket Size Loans for the Trading and Business Community. Competetive Interest Rates
0-30 days 17.00% 0- 60 days 21.00% 0-90 days 22.00% 0-120 days 24.00% 0-180 days 26.00%
180 Days Maximum rate/Gram 2,50,000/- Unlimited
Mahila Loan Women friendly Loans for the women in business , trade , industry and self- help groups. Attractive Interest rates considering better credit and repayment record
0-30 Days : 16.00% 0-60 Days 19.00% 0-90 Days 22.00% 0-120 Days 24.00% 0-180 Days 26.00%
180 Days Maximum rate/Gram 2,50,000/- Unlimited
Aaswas Loan Short Term Loans for immediate needs
0-30 Days: 14.00% 0-60 Days:17.00% 0-90 Days: 20.00%
90 days 65% LTV 3000/- 25000/-
15% Scheme Fixed interest bearing (15%) short term Loans ( 0-30 days )
0-30 Days: 15.00% if the loan remains unpaid interest @ 24% will be charged from the loan date on monthly compounded method.
30 Days Maximum rate/Gram 3000/- Unlimited
90 Paisa Scheme For the common man , Muthotu Mini’s cheapest loan product to tide over financial distress
0-30 Days: 10.80% 0-60 Days: 15.00% 0-90 Days: 18.00%
90 days 60% LTV 3000/- 25000/-
MM Prepay Pre-pay your Interest in advance ( 14% for whole pweriod by monthly compunded method ) and secure peace of mind for the tenure
Interest will be charged @ 14% for the whole period at monthly compounded method. The borrower should pay the interest in advance at the time of disbursal of the loan. If the loan is closed before the loan period, a higher rate, ie 24% at monthly compounded basis will be charged from the 1st day onwards.
180 days Maximum rate/Gram 50000/- 99000/-
Eze Daily Daily Instalment loan for the trading and daily income community with a tenure of 99 days and 14.5 % interest
14.50% Rs. 5/Day (penalty will be calculated at the end of the week. This is done by considering the number of default days in every week)
99 Days Maximum rate/Gram 10000/- 50000/-
EmZEE Gold Loan 12 (EMI) EMI Scheme for repayment ovre a tenure of 12 months
15% (If the monthly instalment as per EMI chart given to the borrower is not paid every month, an additional interest of 2% of the EMI or Rs. 50 whichever is high will be charged from the due date every month.
360 Days Maximum rate/Gram 10000/- Unlimited
Easy Loan Speedy Loans disbursal with monthly interest
0-60 Days :18.00% 0-90 Days :21.00% 0-180 Days :24.00% 0-270 Days: 26.00%
270 Days 90% LTV 3000/- Unlimited
Easy Loan+ Speedy Loans disbursal with interest at two months rest
0-90 Days :19.00% 0-120 Days :21.00% 0-180 Days 24.00% 0-270 Days :26.00%
270 Days 90% LTV 3000/- Unlimited
OGL-QUICK LOAN Quick and easy online disbursement
0-90 Days :17.50%
0-120 Days  :21.00%
0-180 Days :24.00% 0-270 Days :26.00% 0-360 Days: 28.00%
360 Days 80% LTV 3000/- Unlimited
OGL-EASY LOAN Quick and easy online disbursement
0-60 Days :17.50% 0-90 Days :21.00% 0-180 Days :24.00% 0-270 Days: 26.00% 0-360 Days: 28.00%
360 Days 90% LTV 3000/- Unlimited
OGL-SMART LOAN Quick and easy online disbursement
0-30 Days :17.50% 0-60 Days :21.00% 0-180 Days :24.00% 0-270 Days :26.00% 0-360 Days: 28.00%
360 Days Maximum rate/Gram 3000/- Unlimited
Quick Loan Quick and easy online disbursement
0-90 Days :18.00% 0-120 Days :21.00% 0-180 Days :24.00% 0-270 Days :26.00%
270 Days 80% LTV 3000/- Unlimited