The study involved 17,000 hours of
fieldwork, 16 cities’ survey, 5 million data points and screening of over 20,000 unique brands.
Shri M G George Muthoot, Chairman- The Muthoot Group, said, on the occasion, “We thank all our customers, stakeholders and well-wishers for trusting us strongly and making us the country’s most trusted brand in the category.”
Shri Alexander George Muthoot, Director - The Muthoot Group, said, “We feel blessed to have the trust of over 1,26,000 customers who visit our branches every day. Over 42 crore loyal customers serviced globally have shown their trust in us since our inception 129 years ago. Ninety percent of our overall customers are loyal repeat customers. The ‘Brand Trust Report, India Study 2016' is an acknowledgement of all of this. I am deeply overwhelmed at the continued trust that our customers have shown in us. We, at The Muthoot Group, are committed to protecting this trust and strengthening it.”
Listed on both NSE and BSE, Muthoot Finance Ltd. serves over 1,26,000 satisfied customers daily through its network of 4200+ branches and 30,000+ highly dedicated staff. The wide network of branches offers a bouquet of diversified financial services including Insurance, Foreign Exchange, Money Transfer, Debentures, PAN Cards, Travel Services, Muthoot ATMs, etc., all under one roof.
Muthoot Finance Ltd. has been serving millions of underserved and unbanked Indians to bring them under the banking network by providing them with easy Gold Loans. This has in turn led to their Financial Inclusion. Sixty percent of Muthoot Finance branches are located in tier III to tier VI cities, offering an average loan ticket size of Rs 30,000/- to Rs 40,000/- to serve the unbanked masses in rural, semi urban and urban areas of the country.
The Group has also joined hands with Liberty Videocon General Insurance to launch a comprehensive home insurance policy - Muthoot Home Protector, which protects home and household goods against multiple risks including floods, earthquake, riots and burglary. The policy is offered at an extremely affordable premium.
Muthoot Finance Ltd. was also recently recognized as one of the Top 30 Workplaces in India by SkillTree Knowledge Consortium and was featured on CNBC TV-18 in the Workplace Excellence show.
About The Muthoot Group
The Muthoot Group has a family legacy of over 800 years and a history of business excellence of over 129 years. The origins of the Group can be traced back to 1887 when it started as a small trading business enterprise in Kozhencherry, a remote village in the state of Kerala. Since its formation, the company, under the leadership of its key management - Shri M G George Muthoot (Chairman), Shri George Alexander Muthoot (Managing Director), Shri George Thomas Muthoot (Jt. Managing Director) and George Jacob Muthoot (Jt. Managing Director) has broadened its scale and widened its geographic scope of retail operations.
Today, The Muthoot Group is a multi-faceted business conglomerate comprising 18 diversified divisions including Financial Services, Wealth Management, Money Transfer, Forex, Securities, Vehicle & Asset Finance, Media, IT, Healthcare, Housing & Infrastructure, Education, Power Generation, Leisure & Hospitality, Plantation & Estates, Precious Metals, Travel Services, Housing Finance & Overseas Operations.
Headquartered in Kochi and having its Corporate Office in New Delhi, The Muthoot Group has a dominant presence in all States & Union Territories of India. It also has its presence in USA, UK, UAE, Sri Lanka and Central America. For more information please visit: http://www.muthootgroup.com/