Muthoot Money Transfer makes it possible for you to RECEIVE AND SEND money to your near and dear ones in the 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 Money Transfer payout agent servicing all transfer services at our branches in India.
With Muthoot Money Transfer, no matter what services are being used by your beneficiaries, you can receive cash from any of the 4,300 branches that we operate from.
Since the money transfer process is in real-time it does not take more than 10 minutes to complete.
The money can be received within minutes of the sender remitting the amount to the services provider abroad
No.,All charges are paid by the sender only.
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.
The maximum limit which is allowed by the RBI for one single transaction for an inward remittance is USD 2,500 or its equivalent.
One can receive up to 30 money transfer remittances in one calendar year.
We are India’s No.1 - Most Trusted Financial Services Brand, according to the Brand Trust Report, 2017 & 2016 consecutively. We are also the largest Gold Financing Company in India in terms of loan portfolio, according to the 2015 update to the IMaCS Research & Analytics Industry Reports, Gold Loans Market in India, 2015 ("IMaCS Industry Report, (2015 Update)"). We provide personal and business loans secured by gold jewellery, or Gold Loans, primarily to individuals who possess gold jewellery but could not access formal credit within a reasonable time-frame, or to whom credit may not be available at all, to meet unanticipated or other short-term liquidity requirements.
Branches spread over 21 states and 4 Union Territories
Customers in our portfolio