Gold Loan
The main activity of Mini Muthoottu is advancing money against security of gold ornaments. It is the main source of profit for the Company. Mini Muthoottu has two distinct schemes for Gold loan – for general public and for Repledgers. The scale of finance and the rate of interest for gold loans will be decided by the Board of the Company on the basis of various internal and external factors; market conditions etc and will be advised to the Branches from time to time.
Debentures
A debenture is an instrument of debt executed by the company acknowledging its obligation to repay the sum at a specified date and carries a specified rate of interest. Debentures are normally issued in physical form it is called Debenture certificate. Debentures are the main source of funds for the company. The company from public accepts money for a fixed term at a fixed rate of interest, which remains unchanged during the period of debenture. The interest for debenture will be payable on monthly, yearly and maturity.
Money Transfer
RECEIVE money worldwide instantly through Mini Muthoottu.
We are the agents for UAE Exchange all over India for money transfer. Customers can receive money from any country through any branches of Mini Muthoottu.
Insurance
Mini Muthoottu have vibrant insurance team .We have corporate tie-ups with insurance giants like Bajaj Allianz Life Insurance Company Limited, MetLife India Insurance Company Limited and IFFCO-Tokio General Insurance.