🇮🇳 India

Muthoot Finance Last updated2026-05-28

Muthoot Finance EMI Calculator 2026 rates.

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Quick answer

Muthoot Finance home loan rate starts at 11% (typical 13%) as of 2026. A ₹50 lakh loan at 13% over 20 years = an EMI of approximately ₹58,579/month.

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EMI Calculator

Live

Loan Amount

₹

₹25.00 L

Interest Rate (p.a.)

Tenure (years)

Monthly EMI

₹21,696

/month

Total Interest

₹27.07 L

52% of total

Total Payable

₹52.07 L

over 20 years

Principal vs Interest Split

48% principal

52% interest

✨ Live · For home, personal, auto, education loans · Excludes processing fees

📊 Current rates

Muthoot Finance loan rates (May 2026)

🏠 Home Loan

11–16%

typical: 13% p.a.

💵 Personal Loan

14–26%

typical: 18% p.a.

🚗 Car Loan

11–18%

typical: 13.5% p.a.

💳 Processing Fee

1.0% of loan amount (capped at Rs. 15000)

🔁 Prepayment

Zero foreclosure charges on floating-rate home loans per RBI guidelines. 2-5% charges on fixed-rate, vehicle, and personal loans in early tenure, reducing over time.

About Muthoot Finance

Why choose Muthoot Finance?

Muthoot Finance is India's largest gold loan NBFC with AUM exceeding Rs. 75,000 crore and the most extensive branch network among gold financiers. Beyond gold loans, it has diversified into housing finance (via Muthoot Homefin), microfinance (Belstar), and personal loans. It serves customers who need fast liquidity against gold ornaments.

🎯 Unique angle

Product highlights

✓ gold loan borrowers
✓ small business owners needing fast cash
✓ self-employed
✓ first-time borrowers

❓ Muthoot Finance FAQ

Common questions.

Who should apply for a Muthoot Finance loan?

Muthoot Finance is best for anyone needing fast, collateralized cash through gold loans (disbursed in 30 minutes), small business owners with cash-flow needs, and customers in tier-2/3 cities. For home loans, it serves the affordable housing segment via Muthoot Homefin.

How does Muthoot compare to banks for gold loans?

Muthoot offers higher loan-to-value (up to 75% per RBI cap) and disbursal in 30 minutes versus 1-2 days at banks. Rates are similar to bank gold loans (around 9-24% depending on scheme) but with stronger evening/weekend availability and no income proof needed.

What is the eligibility for Muthoot loans?

For gold loans, only ID proof and gold ornaments needed - no income proof, no credit score check. For home loans, age 21-60, minimum Rs. 15,000 monthly income, and standard property documents. Self-employed accepted with bank statements or business proofs.

What happens if I cannot repay a Muthoot gold loan?

Muthoot sends multiple reminders and offers tenure extension or interest payment options before any auction. As per RBI norms, gold can only be auctioned after 90+ days of default with proper notices. Customers can repossess pledged gold by paying outstanding dues anytime before auction.

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