Gold Label
Gold Rate(22K) ₹65950* (13-07-2024)

Faq

Frequently Asked Questions

What are the service/loan provide by branch?

Gold Loan, Business Loan, Personal Loan and Loan Against Property

What are the primary service area?

Across Mumbai & As per branch Loaction in Gujrat

Is car parking available?

No

Is scooter parking available?

No

Is personal loan available?

Yes

Eligibility Criteria for Personal Loan?

As per MCFL policy

What are documents required for personal loan?

Id Address Proof & Income Proof along with Banking

Starting interest rate for personal loan?

starts from 18%

How long does the Personal loan approval process take?

5 Days, As Per Fulfillment Of Required Documents

Is gold loan available?

Yes

Eligibility Criteria for Gold Loan?

As per gold weight

What are documents required for gold loan?

KYC-Id & Address Proof.

Starting interest rate for gold loan?

0.80 Paisa Per Month

How long does the gold loan approval process take?

11 Mins

Is sme loan available?

Yes

Eligibility Criteria for sme Loan?

As per MCFL policy

What are documents required for sme loan?

Id Address Proof, Business Proof & Income Proof along with Banking

Starting interest rate for sme loan?

starts from 18%

How long does the sme loan approval process take?

7 Days

Is loan against property loan available?

Yes

Eligibility Criteria for Loan Against Property Loan?

Subject to Legal and Technical clearence

What are documents required for loan against property loan?

Id Address Proof & Income Proof, Banking along with Leagl and Techinal documents as per the property

Starting interest rate for loan against property loan?

starts from 18%

How long does the loan against property loan approval process take?

10 Days

Helpline/Customer Care number?

02242461300

What amenities does your office offer?

Personal Lockers or Storage, Technology-enabled Amenities, convenient Amenities, Social Interaction Amenities

Pre Appointment Required to visit branch?

No

What are the policies regarding late payments?

As per MITC

Are there options for modifying or refinancing my loan?

Yes

Loan Transfer available?

Yes

Is MSME Loan Available

Yes

Is a CIBIL score required for a gold loan?

Yes

Loan at home available?

Yes

Are all gold items accepted?

Yes, Except Gold Bars and Coin.

Is there any maximum and minimum limit for availing gold loan?

Minimum Loan is Rs 10,000/- and Maximum Loan is Rs 25 Lacs Per person

Is my Gold jewellery/ornaments safe with MCFL?

Yes