Muthoot Finance

Muthoot Finance is the leading gold financing company in India in providing gold loans. Personal and business loans are provided by keeping gold and jewellery of the customers as security. For this purpose various gold loan schemes are also introduced by the company. These schemes are as follows:

• Muthoot Best Value Loan (MBL)
• Muthoot Mahila Loan
• Muthoot Super Loan
• Muthoot Premier Loan
• Muthoot Advantage Loan
• Muthoot High Value Loan (MHL)
• Muthoot Over Draft Scheme (MOS)
• Muthoot EMI Scheme (MES)

• Quick and easy distribution of loans
• Gold loan starts at Rs.1500 with no maximum limit
• Fewer requirements of documents
• Evaluation of gold possible in the house of the customers
• Less response time
• Secure custody of the gold ornaments
• Pre-payment of loan available without any penalty involved
• Customer service improvement

Muthoot Finance helps the investor to invest their fund in the best possible form, that is, gold and silver coins with best-in-class quality. It is one of the rare financial companies that deal in silver coins also. The features of gold coin are as follows:

• Kanika Vrishty Scheme providing gold coins on EMIs without any chargeable interest
• Lower risk and maximum return on investment
• Goddess Lakshmi Pure 24 carat coins
• Gold coins available in 0.5, 1, 2, 4, 8, 10, 20, 50 grams
• Silver coins available in 20, 50, and 100 gm denominations
• Distributed through over 4200 branches across India

• MKV Elite Gold – I
• MKV Elite Gold – II
• MKV Elite Gold – III

Muthoot Finance Money Transfer facility makes it very easy for the customers to send and receive money to and from their near and dear ones in less than 10 minutes time. The features of money transfer are as follows:

• Swift and trouble-free fund transfers
• No additional cost charged
• Approved by the Reserve Bank of India
• Service provided from over 4200 branches across India
• For value below Rs. 50,000, no bank account is mandatory

• Western Union
• Money Gram
• Xpress Union
• Instant Cash
• EzRemit
• Transfast
• Royal Money
• Global Money Transfer

Muthoot Finance deals in all the major foreign currencies like Euro, British Pound, US Dollar, and Japanese Yen. This helps the company in providing trouble-free foreign exchange service at very competitive rate of interest. The following are the respective features of foreign exchange:

• Buying and selling of all the main foreign currencies
• Comprehensive exchange rate
• Free travel currency card
• Less time taken to exchange the money
• Traveller’s cheque can be easily cashed without any additional cost

Muthoot Finance offers home loans to the customers at a very competitive rate of interest. Home loans in the form of Muthoot Homefin is launched to provided for buying a new house, buying plot to construct a new house, and repair the old house at a comparatively lower rate of interest. Its features are:

• Salaried and self-employed businessmen and professionals can apply
• Home loans are provided at 12.05% p.a. onwards
• Loans are provided for up to 90% of the property value

It is a travel service provider through which various travel related facilities can be enjoyed. Its features are:

• Tickets at discounted rates.
• Visa services and travel related help provided
• Best-in-class tour packages
• Hotel booking service available across India
• Tailor-made insurance services related to travel
• Bus booking service available through leading bus operators
• Over the phone support in Hindi, English and other local languages

Muthoot Finance offers wealth management services thus providing maximum advantages to the customers. It is done mainly through four processes namely calculation of risk, client evaluation, analysing the value and consulting. The insurance solutions provided are as follows:

• Money Back
• Health Plan
• Smart Kid
• Pension Plan
• Smart Performer and Other

In addition to the following insurance solutions, the company has also launched unique and premium policies called Muthoot Life Guard, Muthoot GoldLife Life Insurance and Muthoot Home Protector.

Muthoot Finance has a network of over 4200 branches that operate with the help of ATMs. It enables the customers to easily access their cash thus increasing their power on cash. Its features are:

• All bank cards are acceptable
• All card types are acceptable
• No additional cost involved
• Availability of Pin Change facility
• Mini Statement facility of 10 previous transactions available
• Swift and trouble-free process with handicapped access
• ATMs are well-equipped with Bio Metric and Voice Recognition