Muthoot Finance MSME Gold Overdraft
Primary Lending Institution:Muthoot Finance Ltd.
₹1 Lakh to ₹1 Crore MSME credit at 9.50% – 14.00% with Up to 12 months (Renewable) tenure.
Requires pledge of 18k to 22k gold jewelry with LTV up to 75% as per RBI mandate.
What is Muthoot Finance MSME Gold Overdraft?
Revolving overdraft facility against gold jewelry collateral providing immediate liquidity for business working capital.
Key Benefits & Features
Instant loan sanction within 30 minutes; zero balance sheet scrutiny; pay interest strictly on utilized funds.
CGTMSE / Bank Guarantee / Normal Security
Enterprise Eligibility Criteria
Any business proprietor with immediate gold collateral.
How to Apply (3 Verified Paths)
Apply online via business net banking or approach loan account manager.
Apply online at https://www.muthootfinance.com/gold-loan with digital KYC and financial statements.
Visit nearest MSME branch of the institution with business registration and bank statements.
Documents Required Checklist
Udyam Registration Certificate, PAN, Aadhaar, Last 2 years ITR and financial statements, 12 months GST returns, 6 months bank statement.
Frequently Asked Questions
What is the maximum loan tenure and amount for Muthoot Finance MSME Gold Overdraft?
Borrowers can avail ₹1 Lakh to ₹1 Crore with a repayment tenure of Up to 12 months (Renewable).
What are the processing charges and collateral terms for Muthoot Finance MSME Gold Overdraft?
The processing fee is 0.50% + GST. Collateral terms: Requires pledge of 18k to 22k gold jewelry with LTV up to 75% as per RBI mandate.
What are the eligibility criteria for Muthoot Finance MSME Gold Overdraft?
Any business proprietor with immediate gold collateral. Minimum business vintage required is 0 year(s).
How can an applicant apply for Muthoot Finance MSME Gold Overdraft?
Apply online at https://www.muthootfinance.com/gold-loan or visit nearest branch with KYC, Udyam registration, and bank statements.