Muthoot FinCorp ONE

Muthoot FinCorp ONE

About this app

Muthoot FinCorp ONE is an all-in-one financial app for loans, investments, savings, insurance, payments, and money transfer services. An SBU of Muthoot FinCorp Ltd., it is backed by a legacy of 138+ years & the trust of more than 1 crore customers.

🚀 All Your Financial Needs in One App
🔸 Loan Marketplace
Apply for multiple financial products offered by RBI-regulated banks and NBFCs, including:
• Gold Loan
• Two-Wheeler & Used Car Loan
• Housing Loan
• Personal Loan
• Business Loan
• Education Loan
• Loan Against Property
• Loan Against Mutual Funds
• Credit Cards

Muthoot FinCorp ONE app acts as a loan marketplace/loan facilitator, not a direct lender. All loan decisions, interest rates, APR, processing fees & eligibility are determined solely by the respective regulated lender.

🔸 Gold Loan Services
• Apply for Gold Loan Prime
• Get a Gold Loan at branch
• Apply for Gold Loan top-up
• Check eligibility & Gold Loan value

🔸 Savings & Investment Products
• Buy eSwarna Digital Gold• Invest in Swarnavarsham
• Book Fixed Deposits
• Invest in NCDs
• Open Demat & Equity Account

🔸 Insurance Marketplace
Compare & buy insurance plans from regulated insurance partners:
• Personal Accident & Critical Illness
• Health & Medical Cover
• EMI/EDI Protection
• Daily Hospicash
• Cyber Insurance
• Motor & Life Insurance

🔸 Payments
• Do Mobile/DTH recharges
• Pay Utility bills
• Make Credit Card bill payments

🔸 Forex & Money Transfer
• Buy Forex currency
• Apply for Forex card
• Send money abroad
• Make Indo-Nepal & Domestic Money Transfer

🔸 Additional Features
• Credit Score check (via licensed credit bureau)
• Muthoot Blue Rewards & Referrals

Loan Terms & Conditions
Gold Loan
● Loan Amount: ₹1,000 (min) to maximum as per policy
● Tenure: 180–365 days
● Interest Rate: 11.99%–30% p.a.
● Processing Fee: 0%–0.3%
● Foreclosure Fee: Nil
● Representative Example:
Gold Loan Example: For a ₹5,00,000 loan at 12.99%* annual interest, a customer paying only interest every 30 days for 270 days will pay ₹48,045 as interest. The processing fee is ₹25 (including GST); the total payable amount is ₹5,48,070 by the end of the 270-day tenure. Principal repayment is flexible within the 270-day tenure.
*Note: Figures may vary with gold rates & schemes.
Final rates depend on the Gold Loan scheme & gold rate per gram.

Personal Loan
● Loan Amount: ₹20,000 to ₹1 Cr
● Repayment Tenure: 6 to 96 months
● Rate of Interest: 10.5% to 30%
● Processing Fees: Up to 3.54% of loan amount (incl. of applicable taxes)
● Representative Example:
A loan of ₹1,00,000 at an interest rate of 14% p.a. for 12 months results in an interest amount of ₹7,745 (reducing balance method), with a processing fee of 3.54% (₹3,540) & other charges of ₹200. The total amount to be repaid after a year is approximately ₹1,11,485. Note: This is an estimate; actual interest rate & processing fees may vary depending on the product.
Note: Interest rates and processing fees vary based on eligibility and loan product.

🏦 Partner Banks, NBFCs & Insurers
All products on Muthoot FinCorp ONE (apart from eSwarna Digital Gold & Swarnavarsham) are offered by RBI-regulated Banks/NBFCs and IRDAI-regulated insurance companies.
Please read the complete and updated list of partner institutions published on our official website:
👉 https://muthootfincorp.com/regulatory-and-compliance

📞 For Assistance: Call 1800 102 1616   
📩 Email: [e-mail]   
🔗 Privacy Policy: https://muthootfincorp.com/privacy-policy   
🏛 Legal Entity: MUTHOOT FINCORP LIMITED

Ratings and reviews

In the gold loan section, there isn't any reflection of part payment and balance after the payment. If I paid some amount it should calculate and reduce the principal amount. I'm really disappointed in this non transparent behaviour. This makes us unable to plan the repayment or part payment.

WORST APP AND INCONVENIENCE I want to repay my gold loan but the app is not updated and not able to repay thru app. Interest part is working properly but partial payment option is blocked. I hv to go everyday to their branch to pay partially. Very bad service app. Even after payment of principle the app is showing the same outstanding. TOTAL INCONVENIENCE TO CUSTOMER But the office staff are good and very co operative .

Why have you disabled the option to take screenshots in the app? Whenever the gold rate changes, I had a habit of taking a screenshot to keep track of my investment in Eswarana. But now, you have disabled this option. I don't see any history of my gold purchases in the app, only messages. I used to take screenshots whenever I bought gold. Now, you've disabled this option, and it's very inconvenient for me. I hate this app! I don't understand what benefit you've gained by disabling screenshot