14-Jul-2020
Muthoot FinCorp NCD bonds June 2020 – Invest 1 Lakh and get 1.6 Lakhs in 5 years – What about risks?Muthoot FinCorp launches Public Issue of Secured & Unsecured Redeemable Non-Convertible Debentures(NCDs) to Raise ₹ 300.00 Cr.
Kochi, February 20, 2021 : Muthoot
Based on the response received from the public investors, the Company has opened the new issue which commenced from February 18, 2021 and will close on March 09, 2021, with an option to close early or extend as per SEBI regulations.
For investors, there are 9
Commenting on the proposed NCD issue, Mr. Thomas John Muthoot, Chairman –
About Muthoot Pappachan Group:
Muthoot Pappachan Group (MPG) also known as Muthoot Blue, the much-diversified business conglomerate has been providing solutions, services and expertise to millions of customers across the country in various domains like multiple NBFCs with multiple products within Retail Financial Services, wide-spectrum Sports initiatives, powerful CSR initiatives, Automotive, Realty, Hospitality, IT and Alternate energy. Over the years, Muthoot Pappachan Group has grown to become a significant entity in the Indian business landscape. Muthoot Pappachan Group, in fact, is one of the largest employers in the country, across industries, and endeavouring to give them a family-like work environment. The Group’s customer-centric approach and innovation in terms of new products that cater to changing customer needs, have helped in gaining the loyalty of innumerable customers, as well as attracting new ones. The Group adopts the latest technology and new ways of catering to the needs of customers, coupled with an uncompromising stand on values, principles and ethics.
About Muthoot FinCorp Ltd.:
Muthoot FinCorp Ltd, the flagship Company of Muthoot Pappachan Group, Muthoot Blue, is one of the largest NBFCs in India with around 3600 branches pan India. Muthoot FinCorp is a provider of retail finance, predominantly in the form of secured and unsecured loans to the middle and low income customers. Decades of customer-centricity, dedicated research and experience with the customers and their families have enabled the Company to provide quick and customised financing options & investment schemes for millions of customers. Currently, it has a large customer base. Muthoot FinCorp Ltd has emerged as a prominent gold loan player in India. At the same time the Muthoot FinCorp branches offer and/or service the products of Muthoot Blue Group company, for fulfilment of all lifecycle & life-stage needs of the common man and so, act as one-stop-shop for financial needs of the common man. Apart from gold loan, the diverse mix of retail offerings include Small Business Loan products, Affordable Housing Loan, Two-wheeler Loan, Used car loan, Domestic & International Money Transfer, Chits, Foreign exchange, Insurance products & services, Wealth Management services, Affordable Gold Jewellery and so on.
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It has been brought to our notice that certain individuals are receiving fraudulent emails, phone calls, and messages, etc, about job vacancies with Muthoot FinCorp and they are also being asked to deposit money in certain bank accounts.
Please be informed that such communications and practices are completely mala fide and sent with an intent to defraud the public and bring disrepute to the goodwill of our Company. Our Company does not ever demand any fee/money against recruitment nor for the application/interview process.
The public at large is hereby cautioned not to be misled by any such communications received through emails, message or any other communication mode.
Please contact us for further information about the genuineness or otherwise of such communications at:
Muthoot FinCorp Ltd.
MG Road, Near Spencer's, Trivandrum - 695 039
Phone: 0471 4911550 / 0471 4911430
Email: [email protected]