Muthoot Finance, one of the pioneers and leaders in the Gold Loan industry, has opened its two new branches at Lal Chowk and Rajbagh in Srinagar, Jammu & Kashmir. Although the company already has its branches in the Jammu region, this is the first time it has opened its branches in Srinagar. The opening of these branches will enable self-employment, especially in the MSME sector like businesses in Shikaras, Shawls, Carpets, Tour Operations, etc., through its easy Gold Loans Schemes.
Muthoot Finance is the largest gold financing company in India in terms of loan portfolio. The company is a Systemically Important Non-deposit taking NBFC headquartered in the southern Indian state of Kerala and with its corporate office in New Delhi.