Airtel Payments Bank Has started giving credit to customers. Bank customers can now apply for one Gold loan From Muthoot Finance Upstairs Airtel Thanks App. The partnership enables Airtel Payment Bank customers to avail gold loans from Muthoot Finance with zero processing fees. Offering the highest price, Muthoot Finance offers up to 75% of the promised gold price as a loan. Customers receive doorstep delivery for loans of Rs 50,000 or more.
Anyone can get a gold loan by mortgaging gold jewelry as opposed to financial aid. This eliminates the hassle of breaking down existing investments, the company claims, especially for short-term needs. The loan amount can be used for personal or work related needs. In addition, the gold is kept safe by the institution until the loan is repaid.
Through the Airtel Thanks app, customers can apply for a short period of time starting from Rs 3000 and starting from a minimum of seven days. The flexible payment option aims to allow the customer to make partial or full payments before the maturity date without any additional charges.
Customers can apply for gold loans by visiting Airtel Payment Bank’s around 500,000 banking points.
How To Apply For A Gold Loan In Three Easy Steps:
* Login to Airtel Thanks app and go to Banking section
* Click on the Gold Loan icon and enter the required information (location, loan amount and term)
* Give necessary permission to share details with Muthoot Finance team
The Muthoot Finance team will connect with the customer to process the application.