Loan@Home

In times of financial need, gold has always been considered an anchor for investors and a valuable asset for individuals. If you find yourself in need of quick funds, a gold loan can be an attractive option. However, before you rush to apply for one, there are several things you should be aware of to make an informed decision. What is a Gold Loan? A gold loan, also known as a loan against gold, is a type of secured loan that allows you to borrow money from a lender by pledging your gold jewellery as collateral. Banks and non-banking financial companies like Muthoot Finance, assess the per-gram rate of gold along with its purity and weight to calculate the loan amount. Things to Know Before Applying for a Gold Loan 1.      Interest Rates One of the most vital aspects to consider is the interest rate as it can vary among different lenders and is usually calculated on the principal amount. 2.      Loan-to-Value Ratio (LTV) The LTV ratio determines the loan amount you can g

Convenience is a crucial factor in today’s era, especially when it comes to financial services. When you need quick funds, a lengthy loan process can be frustrating. This blog will show you how to effortlessly secure a gold loan at doorstep . Request for a Gold Loan The first step to getting a doorstep gold loan is easy – just ask for it. Loan@Home by Muthoot Finance is a trusted name in the financial industry that makes this process incredibly straightforward. You can reach out to them through their website or by giving them a quick call. Once you've made contact, a representative will promptly get in touch with you to understand your needs and schedule a convenient home visit. Get Your Gold Valued at Home Once you've set an appointment, a representative will visit your home at the agreed-upon time. They'll bring all the necessary tools and expertise to evaluate the value of your gold ornaments. This evaluation is crucial because it determines the loan amount you c