Experience the profound impact of financial inclusion through the legacy of The Muthoot Group. For over 800 years, we’ve been extending easy, affordable, and timely credit to millions of underprivileged Indians. Back when ‘Financial Inclusion’ wasn’t a common term, we were already playing a pivotal role in uplifting the unbanked masses.
Proudly operating 6100+ branches across India, we’re committed to bridging financial gaps in rural and remote areas. With 70% of our branches located in tier III to tier VI cities, our mission is to ensure that even the most underserved communities gain access to financial services.
Navigating complex paperwork is a thing of the past. Our gold loans, starting from just Rs 1500/-, cater to those who often struggle to access loans from formal banking systems. With an average loan ticket size of Rs 75,940, we’re here to address the needs of the economically deprived.
Having pioneered the gold loan concept in the organized sector, we’ve worked tirelessly to remove the stigma attached to gold loans. Through education and experience, we’ve transformed perceptions and empowered individuals to seize opportunities without hesitation.
At The Muthoot Group, we have conceived the unique concept of Financial Inclusion Plus Plus. As per the general definition of Financial Inclusion, it refers to the mere act of brining the poor with zero bank balance into the banking network. However, our efforts in bringing about financial inclusion go way beyond just this. We not only bring the underprivileged and the poor under the ambit of banking but also provide them immediate finance. This is Financial Inclusion ‘Plus’. Further, by providing the poor with immediate access to finance we help them create self-support and self-sustenance so as to repay the loans taken. This is the second ‘Plus’ in the concept. Hence The Muthoot Group engages in not just Financial Inclusion but in ‘Financial Inclusion Plus Plus’