City
Epaper

Muthoot FinCorp ONE is now all-in-one financial suite

By IANS | Updated: October 22, 2024 15:40 IST

New Delhi, Oct 22 Muthoot FinCorp ONE, the all-in-one digital platform from Muthoot FinCorp Ltd., is revolutionising financial ...

Open in App

New Delhi, Oct 22 Muthoot FinCorp ONE, the all-in-one digital platform from Muthoot FinCorp Ltd., is revolutionising financial management by seamlessly integrating lending, investments, savings, insurance and payments into its one customer-friendly platform, Muthoot FinCorp Ltd said on Tuesday.

Beyond traditional gold loans, Muthoot FinCorp ONE offers a diverse range of financial products including from its group companies. These include Vyapar Mitra Business Loans, Loan Against Property, Two-Wheeler Loans, Used Car Loans, and Housing Loans. For insurance needs, the platform provides Muthoot Dhan Suraksha, Motor Insurance, and Life Insurance.

In terms of investments and savings, customers can explore options like Muthoot FinCorp Ltd.’s Non-Convertible Debentures (NCDs) as well as eSwarna Digital Gold, Swarnavarsham and Swethavarsham (gold and silver plans) offered by Muthoot Exim.

Chandan Khaitan, CEO, Muthoot FinCorp ONE, said their strategy has been to build a unified financial platform with a phygital approach that meets the diverse range of customer needs.

“In the last six months, we have significantly expanded our product and service offerings, revamped the app, enhanced our security features and tied up with major partners to create a multi-service financial ecosystem with enhanced customer engagement,” he added.

Additionally, Muthoot FinCorp ONE app offers convenient Forex and money transfer services, including Domestic and Indo-Nepal Money Transfers. Customers can also make payments for utility bills, EMIs, insurance premiums, and access Digital MSME (QR-based) lending solutions.

Since its launch in 2022, Muthoot FinCorp ONE has been working towards achieving Muthoot FinCorp Ltd.’s goal of creating a multi-service financial platform with a phygital approach. This innovative approach combines digital tools with physical branch access, offering customers seamless convenience and choice. Now customers can access a broad range of financial services both on the app as well as at any of the Muthoot FinCorp Ltd’s 3,700 branches approx. pan-India.

“The Muthoot FinCorp ONE platform now integrates a comprehensive suite of financial solutions, simplifying the journey for our users as they navigate various life stages,” said Khaitan.

Interestingly, Muthoot FinCorp ONE is also adopting AI-driven insights to personalize user experiences and enhance operational productivity. The company’s in-house capabilities encompass an efficient technology team ensuring the platform remains at the cutting edge of fintech, while delivering efficiency and security at scale.

“Muthoot FinCorp ONE embodies our vision as a forward-thinking organization, dedicated to improving the life of a common man. With the addition of our latest offerings and phygital approach, we are steadily advancing towards ensuring that our customers enjoy a perfect blend of digital convenience along with the deep-seated trust synonymous with Muthoot FinCorp Ltd. through our 3,700 branches approx pan-India.” said Thomas John Muthoot, Chairman and Managing Director, Muthoot FinCorp Ltd.

Muthoot FinCorp ONE is redefining financial convenience by combining a wide range of services into one easy-to-use platform. With its seamless mix of digital approach and in-person support through branches, Muthoot FinCorp Ltd. is enhancing everyday financial management and reinforcing its commitment to customer satisfaction and innovation.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalPTI supporters protest outside Pakistan Embassy in Washington, DC, demand release of Imran Khan

International"I never said a percentage ": Trump on increasing tariffs on countries buying Russian energy

InternationalThree Pakistani soldiers killed in Balochistan IED blast, BLA claims responsibility

International"I don't know anything about it": Trump on US imports of Russian chemicals and fertilizers

InternationalIndia, Philippines elevate ties to Strategic Partnership; PM Modi says historic day for bilateral relations

Technology Realted Stories

TechnologyDefence Ministry gives nod for military hardware worth Rs 67,000 crore to beef up armed forces

TechnologyTorrent Power clocks 24.7 pc drop in net profit, revenue falls 12.5 pc

TechnologyParacetamol drug not banned in India, says Anupriya Patel

TechnologyBharti Hexacom Q1 profit drops 23 pc, revenue rises over 18 pc YoY

TechnologyBharti Airtel’s Q1 net profit jumps 57 pc to Rs 7,421.8 crore, revenue rises 28 pc