Indians are resourceful people who can start with very little and make entire kingdoms of it. The stories of Dhirubhai Ambani and more recently Flipkart stand testimony to the fact that Indians can start small but the possibilities are endless. Most young people dream of being independent setting up their own business. There is no lack of entrepreneurial spirit in India. If ever there is a lack of something it is a seed fund and money to keep the business going as it expands. Most Indian households invest in gold as a safe way of saving, changing hands usually only at marriages from generation to generation. What if this wonderful asset could be put to work to realise ones’ dreams? An Indian legend says Lakshmi, the goddess of wealth gets restive if we hide her or put her away. She seeks to be active thus blessing her devotees manifold. The foremost enabler of entrepreneurial dreams in India is Muthoot Finance that offers the most convenient options for taking loan against gold. The overdraft facility of Muthoot Finance provides loans that work like an overdraft facility and become the wind beneath the wings of fledgling and growing businesses.

Compared to similar options from banks, the overdraft facility offered by Muthoot Finance is convenient and hassle-free. Anyone can avail the loan from Muthoot Finance by using their gold as collateral and can repay the loan once their finances are stable.

The following features of Muthoot Finance overdraft loan facility make it a more suitable option for both business and personal purposes alike.

Quick Loan Disbursal: Muthoot Finance has gone a long way to ensure that the processes for loan disbursal are smooth and fast. Their uncomplicated procedures ensure that the loans are disbursed in the shortest time possible.

Minimum Documentation: The documentation is quite simple and minimal. All you need to do is fill a form and submit identity proof, and other Know Your Customer (KYC) documents. The entire documentation process can be completed within a few minutes.

Maximum Value for Your Gold: Muthoot Finance offers the maximum loan to value ratio for your gold. For the loan you can pledge any type of gold jewellery and ornaments.

In-house Gold Evaluation:

Safe Custody of Gold: The gold pledged with Muthoot Finance is absolutely safe as it is locked away in tamper proof packaging. The have specialized safe rooms and CCTV cameras for around the clock surveillance.

No Restriction of remits and withdrawals: With your overdraft account, there is no restriction on the number of times you can withdraw and remit funds. The loans are offered at competitive interest rates. Since it’s essentially a secured loan, the interest rates are lower than other forms of unsecured loans.

To conclude, all the above features make Muthoot Finance’s overdraft loan facility a convenient and flexible option for your financial emergencies. You can visit their website www.muthootfinance.com for more information.