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Muthoot Group
Source Name: Muthoot Group

Muthoot Global Money Transfer Services Launched in European Countries Via Web Portal

Nov 19, 2014   14:18 IST 
New Delhi, Delhi, India
  • The money transfers services will be available to NRIs in Austria, Italy and Germany

  • Offers transfer to any Bank Account maintained in India and Instant cash collection available at more than 4,500 Muthoot Finance branches in India


The Muthoot Global Money Transfer Ltd, a part of Muthoot Global, the overseas arm of the Muthoot Group launched its web portal for European countries. The function was held at Fine Arts India, Vienna, Austria.


The website was inaugurated by Mr K R Bijimon, Chief Operating Officer, Muthoot Global in presence of Hon'ble Minister Shri A P Anil Kumar, Minister for Welfare of Scheduled Castes & Backward Classes and Tourism, Mr Bobby Varghese, Chief Executive Officer, UK Operations, Muthoot Global Money Transfer Pvt Ltd and other senior officials were also present during the occasion. The website will enable the NRIs living in Austria, Italy and Germany to send money to India much cost effectively and swiftly.


The customers can collect cash instantly up to Rs.50,000 from 4,500 Muthoot Finance branches across India. They can also avail the facility of transferring money from any bank with more than 85,000 branches across India. The contact numbers for the countries are Germany - 08006648496, Italy - 0694801266, and Austria - 019284014.


Mr George Alexander Muthoot, Managing Director, Muthoot Finance Ltd said “Our Muthoot Global Money Transfer services has been active since 7 years in the United Kingdom and handles over 5000 remittances every month to India from its UK offices and felt the need to expand our service corridor to EU countries to enable faster and easy solution to our customers living in European countries as well.


About Muthoot Global:

Muthoot Global US is a recently established global wing of the Muthoot Group. The company commenced its operations in USA in April 2010. Today, it offers two of the most sought after services to the NRI populace viz. Money Transfer and Happy Gift Services.

Needless to say, the Muthoot Group is looking at rapid expansion and growth in foreign markets with a service like money transfer. Being a dominant player in the market, we are entrusted with the responsibility of providing reliable and trusted service.


The Challenge of Global Operations

At times when competition demands and survival drives a global presence, penetration into foreign markets has become a trend. The potential that global operations hold is unbridled. Harnessing this global potential is what Muthoot Global US aims to unleash.


The US market today is one of the most sensitive ones to operate in. In the wake of the financial crisis, Muthoot Global US plays upon its two greatest strengths i.e. stabilization of operations and new innovations that can absorb the shock of regulations introduced by governments to continue providing its customers unhindered services. A diverse employee strength further adds to the adaptability of the operations of Muthoot Global USA.


Core Values

Modern in its outlook, Muthoot Global US till date imbibes the traditional values of prayer and humility from its parent company. Being a global wing of one of the most trusted groups in the world, we at Muthoot Global US reflect the culture and legacy of trust, which we have believed in for the past 126 years.


The four core values that are deeply ingrained in our work culture comprise integrity, trust, excellence and commitment. Adherence to duty and prompt customer service are innate to the manner in which we conduct our business. For more details log on to

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