Airtel Partners with Muthoot Finance for Gold Loan: How to Apply on Airtel App
Airtel Payments Bank began to offer credit to its customers. Bank customers can now request a gold loan of Muthoot Finance on the Airtel App Thanks. The partnership enables Airtel Payments Bank customers to obtain gold loans with no processing fees from Muthoot Finance. Offering maximum value, Muthoot Finance grants up to 75% of the value of the gold pledged as a loan. Customers receive door-to-door disbursements for loan amounts of Rs 50,000 and above.
Gold loans can be obtained by anyone by pledging the gold jewelry they own against financial assistance. This, according to the company, takes the hassle out of breaking an existing investment, especially for a short-term need. The loan amount can be used for any personal or professional requirement. In addition, the gold is kept in a safe place by the institution until the repayment of the loan.
Through the Airtel Thanks app, customers can apply for small loans starting from Rs 3,000 and for short term from a minimum of seven days. The flexible payment option is intended to allow the customer to make partial payments or full payments before the due date at no additional cost.
Customers can also apply for a Gold loan by visiting the 500,000 Neighborhood Banking Points for Airtel Payments Bank.
How to apply for a Gold loan in three simple steps:
* Login to Airtel Thanks app and go to Bank section
* Click on the Gold Loan icon and enter the required information (location, loan amount and duration)
* Give required permissions to share details with Muthoot Finance team
The Muthoot Finance team will connect with the client to process the request.