Jul 19, 2017 04:28 PM
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Muthoot finance, mainly popular for gold loan finance. I my self had been workd there for one year.
my personal advise is if you have a need of money for very very short time like one week or a month then its best way to get money on interest with lending our gold. but for long term period I would tell you to sale your gold. because it will take interest more and some terms and condition for interest rate are typical to understand for people. specially one thing is all the gold loan finance company have their auditors to check the gold quality they will check it repeatedly by some times.
Tey will make a cut and rubb the gold ornament on the the stone. it cause damage our gold ornaments. very ruffly they put our bags of gold into the safe of the branch. they dont care about it at all. must check the weight of your gold ornament during the lend it and take it back bcz sometimes during audit of the gold its happen some very small part of gold can fall down. so be careful.