These wholesale goods were mainly supplied to the large Estates owned by British Companies. Later, understanding the unmet saving needs of the estates workers, Mr. Ninan Mathai, started the Chit Funds business on a philanthropic motive, as an avenue for saving. Initially, it was started solely for the workers, but later was floated outside the estate.
In the year , Muthoot Ninan Mathai Patron Founder of the group , started humbly as a retail and wholesale trader of grains at Kozhencherry.
The wholesale goods were supplied to the large Estates owned by British Companies. Ninan Mathai, started the Chit Funds business with an aim to provide philanthropic services and give the workers an avenue for saving. What started as a saving tool for workers soon gained momentum and was floated to other residents of the estates. An OTP has been sent to your mobile number Your Monthly Income:. Required Amount:. Gender: Male Female. A man, known to adhere to his word, he instilled these values throughout the organization he nurtured.
It has been brought to our notice that certain individuals are receiving fraudulent emails, phone calls, and messages, etc, about job vacancies with Muthoot FinCorp and they are also being asked to deposit money in certain bank accounts. Please be informed that such communications and practices are completely mala fide and sent with an intent to defraud the public and bring disrepute to the goodwill of our Company. The public at large is hereby cautioned not to be misled by any such communications received through emails, message or any other communication mode.
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