One of the leading non-banking finance companies of the country, Muthoottu Financiers Pvt. Ltd., is planning to open series of branches in the capital city. Its first phase of opening new branches in New Delhi will consist of setting up seven branches located in Uttham Nagar, Janakpuri, Sunder Vihar, Dilshad Colony, Tughlakabad, Dwarka and Palam Colony.
The next phase will consist of setting up 22 new branches.
Currently, the company operates through a 1000 branches strong network spread across the country.
The company issued a statement on the matter, in which the Chairman of Muthoottu Mini Financiers, Mr. Roy M. Mathew has said that the company has planned to provide a variety of products and services to customers like extending gold loans, life insurance, health insurance, general insurance, money transfer facility and the popular alternative of investing in gold - 'e-gold' etc.