India's largest gold loan company

Fastest, Easiest and Most Efficient Money Transfer Service in
India Money Transfer Logo

Muthoot Money Transfer makes it possible for you to RECEIVE AND SEND money to your dear ones within a blink of an eye. With 2 million transfers being executed annually, the company is recognized as the largest single payout centre in India. Real-time transfer allows quicker delivery of the amount, which takes no more than 10 minutes.

We are the only single money transfer payout agent servicing all transfer services at our branches in India.

Muthoot services are carried out from the following associates:

  • Western Union
  • Money Gram
  • Xpress Money
  • Instant Cash
  • EzRemit
  • Transfast
  • Royal Money
  • Muthoot Global and Muthoot Finance’s own branches abroad

Benefits of Using Services:

  • Quick and hassle-free money transfers
  • No service charges to receive
  • RBI approved
  • No requirement of bank account for receiving up to Rs. 50,000
  • Service accessibility from over 4,400 above branches across India

With Muthoot Money Transfer, no matter what services are being used by your beneficiaries, you can receive cash from any of the 4,400 above branches that we operate.

Associates

  • Western Union
  • Money Gram
  • EzRemit
  • Express Money
  • Royal Money
  • Trans Fast
*Conditions apply
FAQs

How much time does it take to complete a money transfer transaction?

Since the money transfer process is real-time it does not take more than 10 minutes to complete.

How long does it take for the money to come in?

The money can be received within minutes of the sender remitting the amount to the services provider abroad

What all is required to collect the money from Muthoot Finance branches?

All that is required to avail this service is a photo ID and the code of the transaction along with the name of the service.

Does the receiver have to pay any charges while collecting the money?

no, all charges are paid by the sender only.

Will the receiver get his money in cash?

Cash pay out for Indian citizens will be restricted to Rs. 50,000 per transaction. Any amount greater than that will have to be paid by a/c payee cheques. Foreign tourists will receive their entire amount in cash.

How much money can be received in one single transaction?

The maximum limit which is allowed by the RBI for one single transaction for an inward remittance is USD 2,500 or its equivalent.

How many transactions can one single recipient receive in India?

One can receive up to 30 money transfer remittances in one calendar year.

 
 

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