Airtel has come up with a new offer for its customers. The payment bank of the telecom operator has joined hands with Muthoot Finance to offer credits to its customers. The Airtel Payment Bank customers will be allowed to get a gold loan from Muthoot Finance via the company’s app.
Under this partnership, Airtel Payment Bank customers will not have to pay any processing fees to avail of the free gold loans from Muthoot Finance. Notably, this partnership will allow customers to get 75 percent of the pledged gold value in the form of a loan. However, to avail the loan Airtel Payment users have to follow these steps.
How To Apply Gold Loan From Airtel Payment Bank
Step 1: First, login into the Airtel Thanks application. Now, go to the banking section.
Step 2: Tap on the Gold Loan icon. Enter location, tenure of the loan, and the exact amount.
Step 3: Now, give the required permissions and share details with the Muthoot Finance team.
Step 4: After that, the Muthoot Finance team will give you a call or connect with the Airtel Payment Bank customer to process the application.
Airtel Payment Bank And Gold Loan Offer
It is worth noting that the loan can be availed by anyone by pledging gold jewelry. Once the customer will be paid off, the gold will be given or returned to the same person. It said that customers can avail of small loans from a starting price of Rs. 3,000 for seven days.
In addition, the flexible payment option to complete payments before the end date or maturity date without no extra charges. The company allows visiting 500,000 banking points for Airtel Payments Bank.
“Gold Loans are secured loans that can be availed to cater to a variety of needs, from personal to professional. We are delighted to partner with Muthoot Finance to offer easy access to Gold Loans through Airtel Thanks App. The flexible pay-back facility offered by Muthoot Finance makes it a great solution for customers who are looking for either short or long-term loans. We are positive that our customers will benefit from the same,” Ganesh Ananthanarayanan – Chief Operating Officer, Airtel Payments Bank.
