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1800 102 1616

Smart Consumer Durable Loan at your Convenience

Minimum Loan Amount @ ₹10000*

Maximum Loan Amount @ ₹1000000*

  • Attractive Interest Rates
  • Disbursement Directly in Dealer Account
  • Minimum documentation & Hassle-free process
  • We ensure safe storage of your Gold in our Highly Secure Locker
Apply Now
*T&C Apply

Smart Consumer Durable Loan

Interest Rate & Charges

Bullet Repayment :

Rate of Interest @ 24%, Below rebate is applicable on repayment of interest.

Interest Frequency Day Bucket Rebate ROI Slab
0-30 10% 14%
31-60 9% 15%
61-90 8% 16%
91-180 6% 18%
180 days & abv 0% 24%

PF: Nil

Foreclosure Charges: Nil

Part Payment Charges: Nil

EMI :

Tenure Rate of Interest Processing Fees Foreclosure Charges Part Payment Charges
Up to 48 months 12% p. a 120/- Plus GST Nil Nil

Key Benefits & Features

Documents Required for Smart Consumer Durable Loan

Submit any of these documents to get a Smart Consumer Durable loan easily.

KYC Documents

  • Passport

  • Driving License

  • Aadhaar Card 

  • Voter's ID Card 

Address Proof

  • Electricity or Water Bill

  • Voter's ID Card, Aadhar Card

  • Rent agreement, Bank Statement

Proof Of Consumer Durable/Furniture/Vehicle To Be Purchased.

  • Tax Invoice/Proforma invoice

  1. 1. Quick Apply and Repayment process is similar to regular Gold Loan. And it can be replicated in SCDL. On clicking ‘Apply Now’, the website redirects the customer to the following landing page. muthootfincorp.com/product/loan/smart-consumer-durable-loan. The At Branch option can be omitted.
  2. 2. Why Choose Muthoot FinCorp Smart Consumer Durable Loan?: As the flagship of the 139-year-old Muthoot Pappachan Group, Muthoot FinCorp is a trusted name in Gold Loans, offering a hassle-free process with competitive rates to meet your financial needs. With minimal documentation and quick disbursement, you can leverage your gold for easy funds for purchase of any consumer durable or vehicle of your choice. The repayment terms are flexible, allowing borrowers to choose a tenure and rate that suits their income and repayment ability. You can visit your nearest Muthoot FinCorp branches or use our Muthoot FinCorp ONE app for getting Smart Consumer Durable Loan.
  3. 3. Release Of Ornaments for deceased cases is similar to regular Gold Loan.
  4. 4. FAQs

Frequently Asked Questions

Would You Like Any Assistance?

To know more about the application fee and processing charges, call us at
1800 102 1616

Other Services

*T&Cs Apply