Can We Pay Gold Loan Through Credit Card?

How can I pay my muthoot gold loan by credit card?

Can we use a credit card to pay Muthoot Fincorp loan EMI.

Yes, you can use a credit card to pay Muthoot Fincorp loan EMI on Paytm.

Just select ‘Credit Card’ as the mode of payment and proceed with it..

How does gold repayment work?

A gold loan is granted to you when you give gold jewellery as collateral to the lender. The amount of loan is usually a percentage amount, up to 75% of the value of the pledged gold. You are required to repay the loan in instalments. Once you repay the loan, plus the interest amount, you will get your gold back.

How is gold loan calculated?

You can calculate the gold loan interest by subtracting the principal amount from the total amount to be paid. The total amount you would pay by the end of tenure can be calculated with the help of an EMI calculator.

Can I pay gold loan with credit card?

No, Manappuram does not allow you to pay your online gold loan with a credit card.

Can we pay loan through credit card?

Yes, a credit card can pay off a personal loan. “You can use a credit card to pay off a personal loan,” advised personal finance writer and credit card expert Ben Luthi. “Some credit card issuers will allow you to do it directly through your online account like any other balance transfer.

Does gold loan affect cibil?

And a credit score is a reflection of how responsibly you handle your credit payments. So to answer the question, yes, gold loan or credit, in general, influences your credit score. Handling your credit or gold loan payments responsibly will improve your credit score.

What is muthoot Topup?

Existing Gold Loan customers of Muthoot Fincorp enjoy an additional benefit – the 24×7 Express Gold Loan. … The Top-up loan is the perfect way to get Money, Anytime, Anywhere. It is instantly delivered into your bank account and can be withdrawn from the bank or ATM.

How much is gold loan per gram in muthoot?

As per the latest gold prices, Muthoot Finance Gold Loan Per Gram is ₹ 5,121. You can avail LTV Up to 90% of your gold.

How can I pay my Muthoot Gold Loan?

How to Make Muthoot Finance Online EMI Payment?Go to Muthoot Finance loan payment page on Paytm.Enter your Loan Account Number.Click on ‘Get Payable Amount’Check your payable amount and proceed with the payment with the mode of your preference.You are done with it.