Muthoot Finance is all set to disburse Rs 300 crore personal loans during the current financial year 2018-19. The company has also set a target of disbursing Rs 3,000 crore by FY 2023.
The company has so far disbursed personal loans worth Rs 50 crore since its foray into the personal loan category.
Muthoot Finance is a non-banking financial company (NBFC), which is engaged in providing loan (financing) against collateral of gold jewelry. The company offers gold loans, foreign inward money transfer services, foreign exchange services, insurance broking etc.
