Muthoottu M Mathew Group ventures into Gold Business, launches Muthoottu Royal Gold
By Asianet Newsable English | First Published Mar 4, 2021, 5:51 PM ISTMathew M Muthoottu Group plans to expand this service to more than 800 branches across India in 10 States and 2 Union Territories
Muthoottu M Mathew Group announced the launch of their new venture Muthoottu Royal Gold. Mr Mathew Muthoottu, Managing Director, Muthoottu Mini Financiers Ltd inaugurated this new venture.
Muthoottu Royal Gold has been launched in-line with Muthoottu Group’s objective to provide value and need-based services to its customers. The customers will now be able to purchase 24-carat gold coins and 916 gold jewellery of distinctive designs from all Muthoottu M Mathew Group branches.
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The high quality 999 gold imported through various banks are being used to manufacture these gold coins and jewellery. The gold coins are available in various denominations ranging from 1 gram to 8 gram and 22 carat gold jewellery, on-demand.
In order to ensure safety and quality, the gold coins and jewellery are packed and delivered in certified tamper-proof packs. Gold coins engraved with deities and customization of coins as per the requirements of the customers are also available.
Speaking at the inauguration ceremony, Mathew Muthoottu, Managing Director, Muthoottu Mini Financiers Ltd said, "We take pride in announcing that we have marked a stronger presence through our new business venture - Muthoottu Royal Gold. Muthoottu Royal Gold aims to meet the needs of our growing customer base seeking newer ways to make investment plans through gold purchases, although the price of gold is at its peak now. The gold investment will never go waste. We aim to empower the common man towards saving gold as an asset by enabling the customers to buy gold by paying in instalments. There is always a surge in customer demand for gold jewellery. That’s when we decided to formalise this new platform - solely for our customers. At Muthoottu Royal Gold, we offer a diversified gold jewellery range suitable for all age groups and on all occasions, in the form of both 24-carat gold coins and 916 hallmarked gold jewellery of various designs and intricacy. We ensure that we do not compromise on the quality and the purity of the jewellery we craft. We believe we would be able to win our customers’ confidence and trust even on this front. Our model is to ensure that purchase of gold should not be a high-cost affair but rather something - even the common man should be able to afford and enjoy."
Mathew M Muthoottu Group plans to expand this service to more than 800 branches across India in 10 States and 2 Union Territories. The company aims to increase the savings habit of its customers and thereby ensure financial security. The company has further plans in reaching out to customers through the online portal- in the near future.
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