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KOLKATA: Muthoot FinCorp Limited has forayed into West Bengal. The Muthoot Pappachan Group flagship, the company unveiled its first branch in Kolkata on Tuesday and announced plans to open atleast five branches across the city soon.
Going forward, the company plans to set up some 25 branches in West Bengal in this financial year, said Thomas John Muthoot, chairman & managing director, Muthoot FinCorp.
The maiden branch as well as others in the offing will offer a bouquet of products & services to Bengal residents including – express 3 minute gold loan.
West Bengal is a new target market for Muthoot FinCorp as the state, company officials are of the view, has immense potential given its huge base of lower income & middle income population. The thriving unorganised sector, especially in Kolkata, offers huge potential to the organised players, the official pointed out.
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: