Gold has always held a special place in Indian households—not only as an ornament but also as a financial safety net during emergencies. When unexpected expenses arise, many turn to gold loans, which provide quick liquidity without the need to sell jewelry. Among the top players, Muthoot Finance is India’s largest gold loan NBFC, serving millions of customers.Muthoot Gold Loan Rate Per Gram Today (2025) – Latest Updates, Schemes, and Insights
In this article, we’ll explore Muthoot gold loan rate per gram today, break down how much you can borrow, review different schemes, and provide expert tips for maximizing value.
2. What is a Gold Loan?
A gold loan is a secured loan where customers pledge gold ornaments or coins as collateral to receive money from lenders like Muthoot Finance.
Key features:
- Loan value depends on weight & purity of gold.
- Customers repay principal + interest to reclaim gold.
- Tenure can range from 3 months to 36 months.
- Interest rates vary depending on the scheme chosen.
3. Why Gold Loan Per Gram Rate Matters
The per gram rate is critical because it determines how much money you get against each gram of pledged gold. For example:
- If gold market value is ₹11,484 per gram,
- And lender offers 75% LTV,
- You can get approx. ₹8,613 per gram as a loan.
Thus, knowing the daily per gram rate helps borrowers estimate their loan eligibility instantly.
4. Muthoot Finance: A Quick Overview
- Founded: 1939 (as a family business), incorporated 1997
- Headquarters: Kochi, Kerala
- Network: 5,600+ branches across India
- Customers: Over 70 crore loan disbursals to date
- Specialty: Largest gold loan provider in the world
Muthoot is trusted for its fast processing, transparent charges, and flexible schemes, making it the go-to option for millions seeking gold-backed credit.
5. How Gold Loan Value Per Gram is Calculated
Muthoot does not publish a fixed “per gram rate.” Instead, it uses the formula:
Gold Loan Value = (Gold Price × Purity × Weight × LTV%) – Charges
Factors affecting loan value:
- Gold Price (24K benchmark rate)
- Purity (22K/24K)
- LTV% (Loan-to-Value ratio, capped by RBI at 75%)
- Administrative fees
6. Today’s Gold Market Rate (September 2, 2025)
As per Muthoot Finance official rates:
- 24K Gold (buying): ₹11,484 per gram
- 24K Gold (selling): ₹11,315 per gram
(Source: Muthoot Finance Gold Rate Today)
7. Muthoot Gold Loan Value Per Gram – Explained
According to third-party estimates (CreditMantri):
- Muthoot offers ₹1,755 – ₹2,145 per gram depending on purity & scheme.
This means, if you pledge 20 grams of gold:
- You can get between ₹35,100 – ₹42,900 as a loan.
8. Loan-to-Value (LTV) Norms and Their Role
- RBI cap: 75% (borrowers cannot get more than 75% of gold’s value).
- Some schemes offer lower LTV with lower interest.
- High LTV = higher loan amount but often higher interest.
9. Gold Purity and Its Impact on Loan Value
- 24K (99.9%): Highest loan eligibility.
- 22K (91.6%): Most common in Indian jewelry.
- 18K or below: Loan amount decreases significantly.
Example:
- 10g of 24K gold worth ₹1,14,840. Loan = ~₹86,130.
- 10g of 18K gold worth less, loan drops further.
10. Muthoot Gold Loan Interest Rates (2025 Schemes)
According to Paisabazaar & BankBazaar:
| Scheme | Interest Rate (p.a.) | Features |
|---|---|---|
| One Percent Loan | 12% onwards | Simple interest, low processing fee |
| High Value Loan (HVR) | 10.90% onwards | For high-ticket customers |
| Muthoot Delight Loan (MDL) | 11.90% onwards | For loyal customers |
| Muthoot Ultimate Loan (MUL) | 22% (2% rebate on monthly interest) | Flexible repayments |
| Mahila Loan | 12% onwards | Designed for women borrowers |
11. Popular Gold Loan Schemes at Muthoot
- One Percent Loan – flat interest, easy repayment.
- Delight Loan – rebates for monthly interest payers.
- Ultimate Loan – maximum flexibility.
- High Value Loan (HVR) – large ticket loans with lower rates.
- Mahila Loan – empowerment-focused, for women customers.
12. Example Calculations – Loan Amounts per Gram
Assume:
- Gold Rate = ₹11,484 per gram
- LTV = 75%
| Gold Weight | Eligible Loan Value (approx.) |
|---|---|
| 10 grams | ₹86,130 |
| 25 grams | ₹2,15,325 |
| 50 grams | ₹4,30,650 |
| 100 grams | ₹8,61,300 |
13. Fees, Charges, and Rebates to Know
- Processing Fee: 0.25% – 1% of loan amount
- Valuation Charges: Nil (done in-branch)
- Prepayment Charges: Nil
- Penal Charges: Applied if overdue
- Rebates: Up to 2% interest rebate if interest paid monthly
14. Comparison: Muthoot vs Banks vs Other NBFCs
| Lender | Loan-to-Value | Interest Rate Range |
|---|---|---|
| Muthoot Finance | Up to 75% | 9% – 26% |
| Federal Bank | Up to 75% | 8.5% – 17% |
| Manappuram Finance | Up to 75% | 9.9% – 24% |
| ICICI Bank | Up to 75% | 10% – 19% |
Muthoot wins on speed & convenience, though banks may offer slightly lower interest for salaried customers.
15. Advantages of Choosing Muthoot Gold Loan
- Instant disbursal (within 30 minutes).
- No credit history required.
- Wide range of schemes for every borrower.
- Pan-India branch presence.
- Transparent charges.
16. Risks and Considerations for Borrowers
- Higher interest for certain schemes (up to 26%).
- Risk of losing gold if default occurs.
- Frequent repayment delays attract penalties.
- Market volatility affects future valuations.
17. Tips to Maximize Gold Loan Benefits
- Choose a lower-interest scheme even if loan per gram is slightly less.
- Pay monthly interest to enjoy rebates.
- Always check gold rate today before pledging.
- Avoid over-borrowing to prevent default.
- Compare Muthoot vs other lenders before finalizing.
18. Frequently Asked Questions (FAQs)
Q1. What is Muthoot gold loan rate per gram today?
A: It ranges between ₹1,755 – ₹2,145 per gram, depending on purity & scheme.
Q2. What is today’s 24K gold rate?
A: ₹11,484 per gram (buying).
Q3. What is the minimum loan amount from Muthoot?
A: As low as ₹1,500 in rural branches.
Q4. Can I pre-close my loan?
A: Yes, Muthoot allows zero prepayment charges.
Q5. Is my pledged gold safe?
A: Yes, gold is stored in fire & theft-proof vaults, insured for full value.
19. Conclusion
Muthoot Finance remains the largest and most trusted gold loan provider in India. As of September 2, 2025, with gold at ₹11,484 per gram, borrowers can access loans in the range of ₹1,755–₹2,145 per gram, depending on purity and scheme.
Whether you need a quick emergency fund or a short-term loan, Muthoot offers fast, flexible, and reliable gold loan solutions. However, borrowers should carefully compare schemes, understand interest rates, and plan repayments responsibly.
In short, Muthoot Gold Loan is a powerful financial tool—when used wisely, it transforms idle gold into immediate liquidity without losing ownership.