Frequently Asked Questions
Most frequent questions and answers
What are the advantages of availing a gold loan through Loans4dreams.com ?
- Fast loan disbursal
- Customer oriented Services
- Minimal documentation
- In-house gold evaluation
- Get minimum loan amount and no maximum limit
- Pre-payment option-with no penalty
- Strong rooms put in place for providing safe custody of gold ornaments
- Prompt customer service within a shorter response time
Who is eligible to avail a Gold Loan?
Any major Indian citizen is eligible to avail a loan from us. All they are required to do is provide the required documents along with the gold ornaments.If you wish to apply for a gold loan with us.
How and when can I get back the pledged gold jewellery/ornaments from us?
You will receive back the gold which you pledge with Bank after you repay the loan and therefore the complete amount. If you fail to repay the loan, then Bank will reluctantly auction an equivalent . The borrowers will receive periodical reminders for payment of overdue interest and after the tenure of the loan, a final Notice before the auction.
Another important thing to understand about the gold loan offered by us is that the pledged gold is required to be collected from the branch where it had been initially pledged also as stored.
How can I repay my loan at Muthoot Finance? What different options are available for the repayment?
You can repay your loan at any of our branches by cheque, cash, or debit cards (please note that demand drafts and credit cards are not accepted). You can even repay your loan against gold online