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Muthoot Group
Source Name: Muthoot Group

Muthoot Finance Announces Mega Loan Mela

Offers maximum loan at minimum interest for gold loan customers

Feb 16, 2015   17:20 IST 
Kochi, Kerala, India

Muthoot Finance Ltd, India's largest gold loan company introduces “Muthoot Finance Mega Loan Mela” through all its branches, a one of its kind customer connect initiative which is aimed at reaching out to maximum member of customers.

 

The Mega Loan Mela starts today, 16th February which will end on 28th February 2015. During this period, the customers availing gold loans shall be getting many benefits that include reduced interest rates upto 2%, higher loan amount per gram, double the loyalty points normally given to customers and refund of processing fees on loans to traders and businessmen.

 

Mr George Alexander Muthoot, Managing Director Muthoot Finance Ltd said “At Muthoot Finance, customers are always a priority and we have always focussed on serving them better. The Mega Loan Mela will help us connect with our existing and new customers and strengthen our presence pan India”. 

 

About Muthoot Finance Ltd:

Muthoot Finance Limited is the largest gold financing company in India in terms of loan portfolio. The company is a “Systemically Important Non-deposit taking NBFC” head quartered in the southern Indian state of Kerala. Operating history of Muthoot Finance has evolved over a period of 75 years since M George Muthoot (the father of our Promoters) founded a gold loan business in 1939 under the heritage of a trading business established by his father, Ninan Mathai Muthoot, in 1887.

 

The company provides personal and business loans secured by gold jewellery. Gold Loans are primarily given to individuals who possess gold jewellery but could not access formal credit within a reasonable time, or to whom credit may not be available at all to meet unanticipated or other short-term liquidity requirements. 

 

The company is listed on both National Stock Exchange and Bombay Stock Exchange.


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Babu John Malayil
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Kaustubh Ghotikar
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