Muthoot Finance Personal Loan

Features and Benefits of Muthoot Finance Ltd personal loan

With Muthoot’s personal loans, you can enjoy a number of features of benefits. The company lets you enjoy events with instant cash. Here are the features & benefits of the Muthoot personal loan. Before learning the Muthoot personal loan requirements, let’s learn the benefits and features of the personal.

Muthoot Finance Ltd Personal Loan Overview

Muthoot Finance Ltd offers instant loans for personal needs. In general, applying for personal loans from Mutthot will offer an easy process of accomplishing your long-term financial goal. This financial company provides both unsecured and secured personal loans to self-employed and non-salaried professionals. The personal Loan ranges from Rs. 50 thousand with minimal documentation & speedy disbursal procedure. With their personal loan scheme, the company aims for no end-use restrictions. Applicants can apply for the Loan to meet different expenses, such as wedding expenses, vacations, buying durable products, debt consolidation, and medical emergencies, to mention a few.

Eligibility Criteria and Factors Affecting Muthoot Finance Ltd personal loan Eligibility

Muthoot Finance provides both secured and unsecured personal loans. When any collateral type or security does not get required getting submitted to avail the unsecured personal loan, the asset requires getting pledged to get the secured personal loan. Given below are the Following are the Muthoot personal loan eligibility:

• Applicant’s age must be a minimum of 18 years
• The monthly income of individuals must be around Rs. 20,000 
• There must a minimum Credit Score or new credit cardholders can also apply 
• The minimum work stability must be around 1 year

For entities who are eligible

Documents Required for Muthoot Finance Ltd personal loan

Pointed below are the documents required for Muthoot personal loan:

• PAN Card (Compulsory)
• Fully filled out form of the application form
• Passport Size Photos
• ID Proof such as Passport/ Aadhaar / Voter ID / Driving License
• Address Proof: A copy of Property purchase Agreement/ Aadhaar Card/ Utility Bill/ Registered Lease Agreement (not more than three months old)/ Passport/ Driving License
• Your income proof:  Salary Certificate/ Bank Account Statement / Salary Slip/ Form 16
• Employment Proof: Letter on the company letterhead that confirms the employment period of the applicant

How an EMI calculation works for Muthoot Finance Ltd personal loans?

Personal loans provide you with a simplified way of getting instant cash for your long-term goals. And if you consider getting a loan from Muthoot Finance Ltd, it’s best to avail the personal Loan by calculating the rate in the online EMI calculator offered by the bank. Get personal loans on terms with flexible EMI ranging from 12 to 60 months! Calculate the EMI by visiting the company website.