Gold Loans: Is Your ₹1 Lakh Gold Worth More
Muthoot Finance has been India's most trusted financial services brand for 10 years running. If you own gold jewellery, here's what you should know before pledging it for a loan.
2.5 lakh daily gold loan customers = every resident of Shimla borrowing against gold, every single day.
This many Indians use gold loans every day — are you getting the best deal?
Key Takeaways
Compare gold loan interest rates across lenders — rates range from 9% to 26% per year, so shop before you pledge your jewellery.
Check the Loan-to-Value (LTV) ratio offered: RBI caps gold loan LTV at 75%, so ensure you're getting close to that limit and not less.
Ask your lender for a gold purity assessment receipt — always verify the valuation independently to avoid being underpaid on your collateral.
Muthoot Finance has been India's most trusted financial services brand for 10 years running. If you own gold jewellery, here's what you should know before pledging it for a loan.
Here's what happened: Muthoot Finance ranked No. 1 Most Trusted Financial Services Brand for 10 consecutive years by TRA Research's Brand Trust Report 2026.. The company operates 7,500+ branches across 29 states, serving 2.5 lakh customers daily — making it India's largest gold loan NBFC.. Gold loans are increasingly popular among middle-class and rural households needing quick, collateral-backed credit without a CIBIL score check..
What you should do: Compare gold loan interest rates across lenders — rates range from 9% to 26% per year, so shop before you pledge your jewellery.. Check the Loan-to-Value (LTV) ratio offered: RBI caps gold loan LTV at 75%, so ensure you're getting close to that limit and not less.. Ask your lender for a gold purity assessment receipt — always verify the valuation independently to avoid being underpaid on your collateral..
Pro tip: Gold loans have zero prepayment penalty at most NBFCs — repay early to save heavily on interest, unlike personal loans.
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