Quick Answer: What Is Muthoot Topup?

Is Muthoot Finance safe?

The Muthoot Finance issue is risky since the company’s financial performance is particularly vulnerable to volatility in interest rates as well as of gold prices.

The collateral against which the company offers loans may suffer erosion in value by the time principal amount is recovered..

How can I get gold loan online?

How does Online Gold Loan work?Safelock your Gold ornaments at your nearest Manappuram Finance 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.

What happens if gold loan is not paid?

Auction: If full repayment of the loan is not made within the period of the loan, the company has the right to sell or otherwise dispose of the gold through public auction at the risk and cost of the borrower.

What is top up in Muthoot Gold Loan?

Existing Gold Loan customers of Muthoot Fincorp enjoy an additional benefit – the 24×7 Express Gold Loan. … The Top-up loan is the perfect way to get Money, Anytime, Anywhere. It is instantly delivered into your bank account and can be withdrawn from the bank or ATM.

How can I pay my Muthoot loan?

How to Make Muthoot Finance Online EMI Payment?Go to Muthoot Finance loan payment page on Paytm.Enter your Loan Account Number.Click on ‘Get Payable Amount’Check your payable amount and proceed with the payment with the mode of your preference.You are done with it.

How do I repay my Muthoot Gold Loan?

Steps to make Muthoot Gold Loan payment by visiting Muthoot Finance Branch Office: Step 1- Visit any branch office of Muthoot Finance near you. Step 2- Go to the customer care executive and pay your loan amount via cash, debit card, cheque, etc.

How much gold loan can I get?

Compare Gold Loan Rate Per Gram and Lowest EMI of All BanksBankInterest RateEligible Loan Amount for Max TenureHDFC Bank Gold Loan Eligibility9.90%Rs. 50 Lakh for 24 monthsYes Bank Gold Loan Eligibility10.99%Rs. 50 Lakh for 36 monthsICICI Bank10.00%Rs. 15 Lakh for 12 monthsFederal Bank8.50%Rs. 75 Lakh for 12 months8 more rows

How much is gold loan per gram in muthoot?

Muthoot Gold Loan Rate Per Gram by Gold PurityGold PurityGold rate per gram- average of past 30 daysMuthoot best Gold Loan per gram22 carat₹ 48,893₹ 3,30020 carat₹ 44,448₹ 3,30018 carat₹ 40,003₹ 2,700

Can we pay muthoot interest online?

Muthoot WebPay is an online payment service wherein the Muthoot Finance Gold Loan customers can make payments of their loan interest/EMI online. With Muthoot WebPay, you can make payment towards your gold loan online either using your debit card or net banking facility.

Can I pay gold loan with credit card?

They are personal loans and credit card loans. … Pay Interest as EMI & Principal later: Through this option, you can repay the interest amount as per the EMI schedule of the gold loan however the principal amount borrowed is to be paid, in full, at the time of maturity.

Does muthoot accept credit cards?

Can we use a credit card to pay Muthoot Fincorp loan EMI? Yes, you can use a credit card to pay Muthoot Fincorp loan EMI on Paytm. Just select ‘Credit Card’ as the mode of payment and proceed with it.

How can I check my gold loan status in Muthoot Finance?

Muthoot Finance Ltd has introduced missed call facility for its customers to track their gold loan status. The customers can give a missed call to the particular number – 08040751515 – from their registered mobile number in order to know loan outstanding and interest due in the gold loan account.