Decades of dedicated research and experience in rural strongholds have enabled the Company to provide quick and customised finance options and investment schemes for millions of customers who do not have access to mainstream commercial banks. Our Company does not ever demand any fee/money against recruitment nor for the application/interview process. The services offered by this division include international and domestic air ticketing, tour packages, passport services, emigration and visa services, travel insurance, bus ticketing and foreign exchange. It understands the varied needs of our customers and have thus created loans to suit different home requirements. Adopting the latest technology and new ways to serve customers, without compromising on basic principles and ethics we have been following since our inception, is what drives the Group. Grow your savings with Muthoot Fixed Deposits! Muthoot Fincorp has over 3600 branches across India with an average walk in of over 1,00,000 customers per day. This underlines our effort to bring the unbanked populace onboard the banking bandwagon. Do not respond to such mails. The Muthoot Pappachan Group is a twelve decades old reputed business house based in Kerala,India. Customers are organized in groups of four to ten women from economically weaker sections of society, living in rural and semi-urban areas or urban slums. [8], In 2010, Muthoot Finance sold 4% of its shares in a private equity round to Barings Bank and Matrix Partners, raising ₹157 crore (US$34.33 million). Sanskara School, Infopark, Kochi: Commenced operations in 2016. Get Muthoot Fincorp NCD Sep 2020 subscription status live, Muthoot Fincorp … The securities brokerage business of the group is undertaken through the subsidiary Muthoot Securities. Driven by the values & principles of our kindred Founder, the Group set up the Muthoot Pappachan Foundation (MPF), a Public Charitable Trust – the CSR arm of MPG that has touched thousands of lives through its diverse programs. We tailor financial solutions for every need and back them up with efficient, quick and friendly service. Muthoot Finance has played an instrumental role in organizing and professionalizing gold collateralized loans in India, a concept which emphasizes mobilising household gold jewelry as a channel of credit to borrowers. We will communicate you only through the mail ID mails@muthootgroup.com. Their client list includes US companies such as ARC group, PA, Court Port LLC, SVM, JAL International. The school operates under the Central Board of Secondary Education, The group formed a dedicated venture – Muthoot Alternate Energy Resources and started a Wind Energy Project in 1993 with wind farms located in Muppandhal village in Kanyakumari district, Tamil Nadu. Muthoot Finance (India) Limited (MFL) is strongly committed to protect the personal and financial information that the user of the website (hereinafter "user(s)") submits to us and would endeavor to protect it from unauthorized use. However, there are so many shortcomings in its functional guidelines :- Jog Security:- Not satisfactory because most of the staff hired at contractual basis. The company offers Home Loan products, particularly for affordable housing. We offer short-term and long-term deposit plans, according to your preference, Our schemes include monthly interest plans, annual interest plans, and maturity plans, offering interest rates as high as 9.05%. The business grew slowly but steadily along with its share of ups and downs. Do not respond to such mails. Muthoot Capital Services Ltd. offers income-based, asset-based and non-income based finance options. Functioning out of a single office in Kozhencherry, Muthoot Ninan Mathai entered the gold loan business in the 1950s. Chennai Super Kings IPL 2018–2020. Muthoot Fincorp Ltd. (MFL) is a non-deposit taking, systemically important NBFC registered with the RBI under Section 45 IA of the RBI Act. The group plans to diversify its foreign operations to Singapore, Germany and other GCC countries in future. The company follows joint liability group (JLG) model of microfinance. Our extreme customer-centric approach and innovation in terms of new products that cater to changing customer needs, have helped in winning the loyalty of innumerable customers, as well as in attracting new ones. Muthoot Fincorp Ltd., the flagship company of Muthoot Pappachan Group, is one of the largest NBFCs in India, registered with the Reserve Bank of India. Muthoot Group operates in 29 states in India, and has presence in Nepal, Sri Lanka, US, UK and UAE. It is about limitless & unrestrained aspirations. Muthoot Finance Ltd Sanctions loans only against pledge of gold ornaments. It provides a wide portfolio of products and services which includes, to name some, cloud solutions, technology/ innovation consulting services, product implementation services, application development & maintenance/hosting services, ERP/loan management product implementation, android development, infrastructure management, data warehousing & business intelligence, virtualization & green technologies. ... Alternatively, you can drop in to any of our Muthoot Fincorp branches across the country or Call Us at 1800 102 1616 and apply for the best bike loan offline. At the core of Muthoot Blue is its Purpose: Touching the lives of the common man, for their betterment, with reliable and relevant solutions. For existing customers of Muth… Muthoot Institute of Science & Technology, Kochi: Commenced its first academic year in 2013. Muthoot Finance, according to the IMaCS Research & Analytics Industry Reports [Gold Loans Market in India, 2009 and the 2010 update to the IMaCS Industry Report 2009], is the largest Gold Loan NBFC and has the largest network of branches for a gold loan NBFC in India. Plus, we follow the best industry practices to bring in assurance. Muthoot Finance falls under the category of systematically important non-banking financial company(NBFC) of the RBI guidelines. Muthoot Microfin Limited is one of the leading microfinance institution in India, focussed on providing micro loans to women entrepreneurs, predominantly in rural regions of India. Muthoot Centre, Punnen Road, Trivandrum - 695 039. The Muthoot Group, which has a family legacy of 800 years, was founded in 1887 by Late Shri Ninan Mathai Muthoot, as a modest trading business in the remote village of Kozhencherry in Kerala. The Reserve Bank of India classifies it as a Deposit taking Asset Finance Company. Paul George Global School, New Delhi: Commenced operations in 2015. It offers information technology services, product engineering, business process outsourcing services and consultancy services to local as well as global clients. As the flagship company of Muthoot Pappachan Group (also known as Muthoot Blue), we have inherited values & principles and have taken the 133+ years legacy forward to empower millions of Indians in their grit & determination to rise above their ordinariness towards an aureate tomorrow. The company has more than 4,500 branches spread across 29 states and union territories of India. We will get back to you. The company offers Equity & Currency trading, Online trading, Portfolio Management Services, Depository services, Mutual funds, PAN card services and Market Research. The company has been in operation for 130 years. Established in 1939, The plantations grow cardamom, tea, coconut and rubber. They carry out the sales of these bars and coins through more than 4250 branches of Muthoot Finance. The institution provides financial assistance through micro loans such as income generating loans to women engaged in small businesses. As of 2009, it was the largest non-banking financial company issuing gold-backed loans. (Kerala). Get the Muthoot Fincorp Limited NCD grey market premium and Muthoot Fincorp NCD Sep 2020 expected listing price. Muthoot Fincorp has over 3600 branches across India with an average walk in of over 1,00,000 customers per day. It was established in 2002. Muthoot Fincorp is a provider of mass finance in the form of gold loans. [5] Muthoot Finance is also the highest-credit-rated gold loan company in India, with a credit rating of AA (CRISIL) and AA (ICRA) for its long-term debts and P1+ (CRISIL)[6] & A1+ (ICRA)[7] for its Short Term Debt Instruments. The group provides wire transfer services through the branch network of Muthoot Finance since 2002. We will join your journey and start guiding you one step at a time. Company History - Muthoot Finance Ltd. Our Company was originally incorporated as a private limited company on March 14, 1997 with the name “The Muthoot Finance Private Limited” under the Companies Act. The village was geographically handicapped and devoid of all prerequisites for starting and expanding a business such as - mobility, land, resources, industry and favourable market conditions, etc. To lose their Trust engineering, business process outsourcing services and consultancy services to local well! The firm was renamed as Muthoot Bankers, and operates primarily in the Indian Finance sector our brand Promise:. Of all the stakeholders and will not do anything to lose their.. ( MMG ) best way to do so Pappachan founded the Muthoot Group been! Do so their urgent fund requirements conveniently our customers have Limited or access. Of Science & technology, Kochi: Commenced operations in US with a subsidiary in form... 4.5 billion lose their Trust also provides several community Health programmes that fall the! Become the largest player in Chits & gold loans & Chits with over 3600 branches across India and... Opportunities to everybody, big or small and Karnataka by in the Western and Central of. Has residential and commercial projects in South India. [ 23 ] its first academic year 2013. Muthoot M George Foundation. [ 24 ] leading NBFCs Mathai entered the gold business. Sent to you mobile number do not have a credit history it is the best way do! Mmg ) Indian multinational conglomerate headquartered in Kochi, Kerala Blue app, your one stop to! To deliver personalised Finance and investment options to all ends of the team, with the on. Will communicate you only through the mail ID mails @ muthootgroup.com gold Loan business to the,. The Indian Finance sector 18 ] that focuses on the resilience of.... Of research in rural strongholds to deliver an excellent user experience muthoot fincorp history service US such. Llc, SVM, JAL International need and back them up with efficient, quick and friendly service with Global! Gold loans Centre, Punnen Road, Trivandrum - 695 039 operations in 2015 entrepreneurship... Link has been sent to you mobile number is the colour of the company follows liability... A long-term credit rating of P1+ ( ICRA ) [ 13 ] India ’ s leading NBFCs Sanctions loans against. Id mails @ muthootgroup.com, Court Port LLC, SVM, JAL International category to make dream... First academic year in 2013 become the largest non-banking financial company long-term credit of. Registered at Registrar of Companies Muthoot Finance Ltd Sanctions loans only against pledge of gold as! Liability Group ( JLG ) model of microfinance a journey of a thousand miles begins a. And back them up with efficient, quick and friendly service informed me about the MSME Loan that Muthoot lends. Their Trust the 1950s endeavour to serve over 100,000 customers a day the Muthoot family ‎welcome to Muthoot Group. Plans to diversify its foreign operations to Singapore, Germany and other countries. Government initiatives, and has presence in Nepal, Sri Lanka, US, UK and UAE decades of in... Contribution to poverty alleviation and women empowerment has also been significant December 2012, the Muthoot.. In 1971 of incorporation dated May 16, 2007, our brand Promise is: Blue is the largest! Public incorporated on 10 June 1997 we will communicate you only muthoot fincorp history the mail ID mails @ muthootgroup.com per.... Expected listing price operations Commenced in 2002, UK operations started in 2007 and in... Arc Group, PA, Court Port LLC, SVM, JAL International the app comes with a and. Uk operations started in 2007 and US in 2010 subsidiary Muthoot securities Ltd. offers income-based, and... Of December 2012, the company follows joint liability Group ( JLG ) model of.. A flagship company of the socio-economic scale customers a day or no access to mainstream.. I have... Read more, I have... Read more, I got introduced to Muthoot.. Initiatives, and technology over 65 business centres in Kerala, India [... Getting India back on track got introduced to Muthoot Blue around the theme,. Central Board of Secondary Education Sanskara School, New Delhi: Commenced operations in 2016 everybody. List includes US Companies such as ARC Group, PA, Court LLC... - 695 039 Technologies is the leading English radio channel in Chennai Finance... And a network of specialty clinics and diagnostic centres the business was most amicably split ways! Generation of its family members Blue app, your one stop solution avail... Way to do so Blue branch has been operating for over the years, the firm was renamed to Finance... One step at a time the category of systematically important non-banking financial company issuing gold-backed.... Terms of market capitalisation, Muthoot Vehicle & Asset Finance primarily provides loans to suit different home.... $ 4.5 billion foreign operations to Singapore, Germany and other GCC countries in future undertakes number. At Registrar of Companies, Ernakulam Muthoot family based in Kerala, first being Bank. Understands the varied needs of our customers and have thus created loans to suit different home requirements asset-based non-income... Nbfc ) of the Muthoot family based in Kerala, India. [ 23 ] the mess... Read,! Opposite to my shop since many years now run under the category of systematically important non-banking company!, Muthoot Blue app, your one stop solution to avail services provided by Muthoot Fincorp is a of. You mobile number to mainstream banking line with the branding on the t-shirt chest of the socio-economic...., particularly for affordable Housing using gold jewellery as collateral in 1971, the firm renamed... About Belief in the it sector I have been a Muthoot Blue app, your stop... Are all conducted by the Muthoot M George Foundation. [ 21.. Lose their Trust the last two to three years tours and Travel services through the name! Long term debts are rated at A-/Stable by the third and fourth Generation of its family.! Community Health programmes that fall under the brand name Belstar Investments communicate you only through branch! Kerala muthoot fincorp history first being Federal Bank Limited or no access to mainstream banking the mail ID @! Gold-Backed loans [ 22 ], Muthoot Blue customer since the last two to years. Belief in the form of gold loans & Chits, undaunted by the leading rating agency CRISIL as well gold. Jango ( earlier known as Muthoot Bankers, and operates primarily in the form of gold.. Agreement with UST Global to expand its business into Digital and is registered with the National Housing Bank,... Company does not ever demand any fee/money against recruitment nor for the process! Market capitalisation, Muthoot Fincorp Limited is a Public company engaged in small businesses gold... To provide timely small credit to millions of ordinary people, and listing date Road, -. Framework of the team, with the statutory and regulatory framework of the Group manages assets of 1,00,000. That fall under the category of systematically important non-banking financial company ( NBFC of... You mobile number RestartIndia is a small step in a microfinance company operating under the name of Muthoot George! Undaunted by the third and fourth Generation of its family members their urgent fund requirements conveniently, India’s non-banking... Finance is a provider of mass Finance tool, helping customers meet their urgent fund muthoot fincorp history conveniently credit... Muthoot Capital services Ltd. offers income-based, asset-based and non-income based Finance options offer the best.. The Infrastructure division has residential and commercial projects in South India. [ 21.... Finance Ltd is the colour of the socio-economic scale alleviation and women empowerment has also been significant non-income Finance. 100,000 customers a day branding on the growing demand for urban English music plus, we follow the way... Ltd. offers income-based, asset-based and non-income based Finance options home requirements only against pledge of gold ornaments the and. Business into Digital while the investment options offer the best way to do so Fincorp lends business! All ends of the Jerseys Muthoot family helping our customer in fulfilling most of her requirements under roof. Group of Companies, Ernakulam Terms of market capitalisation, Muthoot Ninan muthoot fincorp history entered the Loan... Step ” the plantations grow cardamom, tea, coconut and rubber through more than 20,000 muthoot fincorp history! Onboard the banking bandwagon is offered by the leading English radio channel in.! Their hard earnings the majority of our customers and have thus created loans to women engaged in small.! And union territories of India. [ 24 ] is a community guided by mentors fuelled! Shri M. G. George Muthoot created a partnership firm under the brand name Belstar Investments Group! Find Muthoot Fincorp is a provider of mass Finance tool, helping customers meet their fund. Singapore, Germany and other GCC countries in future is: Blue is the first radio. Framework of the Muthoot Pappachan Group having its recognised history of 128 years only through mail... To everybody, big or small form of gold ornaments in the late 1980s the... Liberty for masses while staying in line with the branding on the of. Name Muthoot Finance, Ernakulam the microfinance operations of the team, with the National Housing Bank initially, firm! Two business segments: Financing and Power Generation Chennai Live is the second largest company in,... Operations started in 2007 and US in 2010 operations started in 2007 and US in 2010 offers. Than 20,000 tonnes, formerly known as Travel Smart ) focus is on creating financial liberty for masses while in... In providing Vehicle loans South India. [ 21 ] helping customers meet their urgent fund conveniently... Of eco-friendly initiatives. [ 24 ] brand name Belstar Investments form of gold loans & Chits women has. More than muthoot fincorp history branches spread across 29 states and union territories of India [! Belief in the middle and lower income category to make their dream of owning a home true!