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MuthootBlog

The golden route to educating people

  • February 2, 2016
  • rootroot

We, at Muthoot Finance, perfectly understand and appreciate your dreams and aspirations. We help you make optimum use of your gold by making it fund your dreams. Meet Mr. Kaptan Singh of Haryana, who had a noble aspiration of setting up a school. He was hard pressed for funds and we pitched in at the right time to support Mr. Singh to turn his dreams into a reality. We were happy to support Mr. Singh in his highly appreciable ambition. Here is what he has to say about his experience of associating with us.

“I, Kaptan Singh, belong to Karnal, Haryana. My priority has always been to educate people and nothing has been more important in my life than this. I was a partner in one of the prestigious schools in my area for a major part of my life and I got great pleasure in making education accessible to all the people in my area. However, life took a harsh turn for me, when I was ousted from this partnership for no fault of mine. Since it was an organisation that I was associated with for many years, the separation from it hurt me a lot.

However, this incident did not dishearten me. I was determined to make education accessible to one and all in my area. Therefore, I quickly recouped myself and decided to start from scratch. I realised that starting a school on my own was the only way in which I could keep my passion alive. But I was also aware that such a venture would require huge investments. I didn’t have the means for that and so, I decided to explore external financial institutions for help.

What I thought would be an easy process turned out to be a rather long and tiresome exercise for me. I approached many banks in and around my area. To my dismay, I found that the interest rates of these banks were too high. Also, their loan disbursal process involved lots of formalities, that didn’t work out well with me. That’s when I spotted one of the offices of India’s biggest gold loan company, Muthoot Finance, at Sector 12 (Karnal). As sheer luck would have it, here, I was introduced to the concept of Gold Loans.

The staff members at Muthoot were very cordial and as soon as they heard about my dreams, they appreciated me for the same and assured me that they would grant me their full support in this project. My Gold Loan was processed within minutes and in no time, I had enough money to purchase land for my pet project of constructing a school. Today, I have 24 people working for me and my school is doing a great job of imparting higher education. I know I have miles to go before I sleep; however I am a content man today because I know I can trust Muthoot for my future requirements as well”.

Mr. Kaptan Sing is a step closer to his dream of educating people. The quick, easy, and hassle-free process made his otherwise difficult path, a bit easier for him. Just like Mr. Kaptan Singh, with Muthoot Finance’s Gold Loans, you too can see you dreams come true!

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WHY US

We are India's No.1 - Most Trusted Financial Services Brand, according to the Brand Trusted 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.

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