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Gangamma, the 48-year-old housewife turned small time street vendor, from Kunigal in Tumakuru district of Karnataka has been associated with Muthoot Microfin subsidiaries of Muthoot Fincorp for over a year now. Earlier, she always found it difficult to fill her racks with enough items resulting in less cash flow from her business. Gangamma was looking for a small micro finance loan to raise working capital but had never worked with any micro finance company or banks, as she never had any collateral to be able to borrow money. She was introduced to Muthoot Fincorp by a relative and was excited to know that the organisation gives ‘non-collateral’ microfinance loans. She soon joined a JLG and availed a first cycle micro finance loan of ₹30,000; and used the entire amount to fill her stall with an ample variety of products. This substantially increased her earnings
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: