Need quick cash against your gold? Explore Muthoot Finance Gold Loan interest rates, loan per gram, charges, and repayment options in 2026.
Anjali Singh
Assistant Manager
Gold has always been a reliable and valued asset in our homes. It carries both emotional and financial value. When you need quick cash, a gold loan can be a smart option. Among the many lenders, Muthoot Finance is one of the most well-known and trusted. They offer you easy and secure gold loans.
Let’s explore the Muthoot Finance gold loan interest rate in 2026 and see how it can help you make the right decision.
A Muthoot Finance gold loan allows you to pledge your gold jewellery as collateral and receive instant cash. The loan amount depends on:
The process is quick, requires minimal documentation, and your gold remains securely stored until repayment.
Muthoot Finance gold loan interest rate in 2026 starts from around 9% per annum and can go up to 24%, depending on the loan scheme, tenure, and repayment type. The final interest rate is determined after gold evaluation at the branch.
As of 2026, the interest rate structure broadly looks like this:
|
Loan Amount (Approx.) |
Interest Rate (p.a.) |
Tenure (Months) |
Suitable For |
|
Up to ₹50,000 |
9% to 14% |
Up to 12 months |
Good for short-term needs |
|
₹50,000 to ₹5,00,000 |
10% to 18% |
Up to 24 months |
For those planning to take a loan for a medium-term duration |
|
Above ₹5,00,000 |
12% to 24% |
Up to 36 months |
For larger loan amounts with terms that suit your needs |
Actual rates vary depending on scheme selection, branch location, and repayment structure (EMI or bullet).
The Muthoot Finance gold loan per gram value depends directly on the current gold market price.
As per the latest update on 09 June 2026:
Since gold loans are usually given against 22-carat jewellery, the eligible loan amount per gram is calculated based on this rate.
As per RBI guidelines, lenders can offer up to 75% of the gold’s market value (LTV cap).
So based on today’s 22K gold rate:
₹14,045 × 75% ≈ ₹10,534 per gram (maximum theoretical eligibility)
👉 Therefore, the Muthoot gold loan per gram today may range approximately between ₹10,000 to ₹12,000 per gram, depending on:
⚠ Final eligibility is confirmed only after branch-level gold testing.
| Purity | Price Per Gram |
|---|---|
| 22 Carat | ₹14,045 |
| 24 Carat | ₹15,424 |
Gold prices fluctuate daily due to inflation, RBI reserves, US dollar performance, global tensions, and festive demand. Since gold loan eligibility depends on daily price, always check the latest rate before pledging jewellery.
Before applying, you can use the Muthoot gold loan calculator available online to estimate how much you can borrow. The calculator helps you check the eligible loan amount based on the gold’s purity, weight, and current rate.
Here’s how you can use it:
This tool helps you plan better by showing you the Muthoot Finance gold loan per gram value and potential repayment amount before applying.
Here are the Muthoot Finance gold loan schemes (updated as per current offerings) that match your different requirements:
| Scheme Name | Interest Rate (Starting From) | Key Features | Best For |
|---|---|---|---|
| Muthoot One Percent Loan (MOL) | Around 1% per month (slab-based) | Short tenure, lower slab entry | Small borrowers |
| Muthoot Ultimate Loan (MUL) | 18% – 24% | Flexible repayment | Regular users |
| Muthoot Delight Loan (MDL) | 10% – 18% | Medium ticket loans | Salaried individuals |
| Muthoot High Value Loan (MHL) | 12% – 24% | High loan amounts | Businesses |
| Muthoot Advantage Loan (MAL) | 14% - 20% | Available in select regions | South India branches |
- You can choose the one that suits your financial needs & actual rates depend on branch, tenure, and repayment type.
Apart from interest, borrowers may need to pay:
Always review the full schedule of charges before applying.
The Muthoot Finance gold loan interest rate depends on several factors:
You can apply for a Muthoot Finance gold loan both online and offline. Here’s how:
If you want to compare multiple lenders before applying, platforms like My Mudra allow you to check eligibility and compare gold loan interest rates instantly.
To make the most of your Muthoot gold loan rate today, here are some simple tips:
A Muthoot Finance gold loan in 2026 remains a quick and secure way to raise funds during emergencies. With interest rates starting from around 9% per annum (scheme-based), it suits both short-term and high-value borrowing needs.
If you want to compare Muthoot Finance gold loan interest rate with Manappuram or bank gold loans before applying, check eligibility instantly on My Mudra and make an informed decision.
Also Read:
- Benefits of Gold Loan in India: Features, Eligibility & Advantages
- Manappuram Gold Loan Interest Rates 2026 – Per Gram Rate Today
The Muthoot Gold Loan interest rate in 2026 typically starts from around 7.5% per annum and can go up to 24% per annum, depending on the selected scheme, loan tenure, and loan-to-value (LTV) ratio. The final rate may vary based on branch location and current gold prices.
The Muthoot gold loan rate per gram depends on the current market gold price and the purity of your gold (usually 22K). Since gold prices change daily, the per gram loan value also fluctuates. You can check the latest per gram rate on the official website or by visiting a nearby branch.
You can use the Muthoot Finance Gold Loan Calculator available online. Simply enter:
The calculator provides an estimated eligible loan amount instantly.
Yes. Muthoot Finance and Muthoot Fincorp are separate companies, and their gold loan interest rates may vary slightly. Each offers different schemes, repayment options, and promotional offers, so it’s advisable to compare before applying.
Apart from the interest rate, borrowers may need to pay processing fees, valuation charges, and applicable GST. It is recommended to check the complete loan agreement before final approval.
My Mudra helps you:
This makes it easier to choose the most suitable gold loan option without visiting multiple branches.
Assistant Manager
Hey there, I'm Anjali Singh. With over 6 years of experience in finance, I specialize in creating content on banking, loans, and financial planning. My goal is to simplify complex financial topics and help readers make informed decisions through my articles.
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