+91471-2774800

The wordmark "Muthoot" and trademark are registered exclusively in the name of Shri.M.Mathew, the Charioteer of the Muthoot Ninan Group.

Our Core Activities



PRODUCTS AND SCHEMES

Domestic Money Transfer Service scheme is a quick and easy way of transferring personal remittances from abroad to beneficiaries in India. Only personal remittances such as remittances towards family maintenance and remittances favouring foreign tourists visiting India are permissible. The system envisages a tie up between reputed money transfer companies abroad and Muthoot Mercantile Limited in India who would disburse the fund to the beneficiaries with proper identification at ongoing exchange rates.

The major services are
Western Union money service | X-press money | Transfast | Money gram | X-pay Domestic Money transfer purpose.

Our platform supports IMPS & NEFT transfer modes and the system automatically switches the transfer mode.

IMPS: Immediate Payment Service is an inter bank electronic instant money transfer service which allows sending and receiving money 24 x 7 x 365. The platform is powered by the National Payment Corporation of India (NPCI) who settles the IMPS transactions in India on real time basis 24 x 7 x 365

NEFT : National Electronic Fund Transfer under RBI which settles NEFT transactions in India as batch wise and works only on working day and hours of RBI