Product Banner
Overview Eligibility Features & Benefits Fees & Charges Documents FAQs Terms & Conditions

Product Overview

Muthoot FinCorp Personal Loan is designed to help individuals meet their financial needs such as medical emergencies, education expenses, travel, home renovation, debt consolidation, and other personal requirements. The loan offers quick approval, minimal documentation, and flexible repayment options.

With fast processing, minimal documentation, and easy eligibility, it is a reliable option for entrepreneurs and individuals looking for quick financial assistance.

Eligibility Criteria

Applicant must be an Indian resident.
Age: 21 to 60 Years.
Salaried or Self-Employed Individual.
Stable Source of Income.
Good CIBIL Score (750+ preferred).
Must satisfy Muthoot FinCorp's internal credit assessment criteria. 

Features & Benefits

Loan Amount: Up to ₹10 Lakh (subject to eligibility).
Interest Rates: Starting from 14.5% p.a. onwards.
Flexible Repayment Tenure: 12 to 60 Months.
Quick Loan Approval & Fast Disbursal.
Minimal Documentation Process.
Available for Salaried & Self-Employed Individuals.
No Collateral Required for Eligible Applicants.
Online Application Facility Available.

Fees & Charges

Processing Fee: Upto 3%
Interest Rate: Starting from 14.5% p.a.
Processing Fee: As per company policy.
Loan Tenure: Up to 60 Months.
Prepayment / Foreclosure Charges: As applicable.
Penal Charges: Applicable on delayed payments.
Other Charges: As per prevailing Muthoot FinCorp guidelines.

Documents Required

PAN Card
Aadhaar Card / Passport / Driving Licence
Address Proof
Income Proof (Salary Slips / ITR)
Bank Statements (Last 3–6 Months)
Passport-size Photograph
Employment / Business Proof (if applicable)

FAQs

View / Toggle All

Eligible applicants can avail a personal loan of up to ₹10 lakh depending on income and repayment capacity.

Interest rates start from 14.5% per annum and may vary based on eligibility and credit profile.

Loan tenure ranges from 12 months to 60 months.

Generally, personal loans are unsecured and do not require collateral for eligible applicants.

Salaried and self-employed individuals meeting the eligibility criteria can apply. 

Terms & Conditions

Loan approval is subject to eligibility and credit assessment.
Interest rates may vary depending on applicant profile and repayment capacity.
Additional charges, penalties, and foreclosure fees may apply as per company policy.
Documentation requirements may vary depending on applicant category.
Terms and conditions are subject to change without prior notice.

Apply for Muthoot Fincorp

Get instant approval with zero paperwork and exclusive partner rewards.

Apply Now
It's quick, secure and hassle-free
Share This Product
Why Choose Muthoot Fincorp?
Trusted Brand With a strong legacy
Quick & Hassle-Free Instant verification
Flexible Loan Solutions For every need
Dedicated Support 24x7 Assistance