Muthoot Exim (P) Ltd., the precious metal arm of 137-year-old business conglomerate Muthoot Pappachan Group (also known as Muthoot Blue), proudly announces the grand opening of its newest Gold Point Centre in Tirunelveli. The new Muthoot Gold Point will be strategically located at MPM Complex, D No. 25, First Floor, Swami Nellaiappar High Road, Sripuram just above Industrial Bank in Tirunelveli, Tamil Nadu 627001, this marks the company's 31st centre in India and sixth in Tamil Nadu.
Over the years Tirunelveli has grown significantly and is now regarded as a key city in Tamil Nadu’s economy. The Gold Point Centre in Tirunelveli is not only a commercial development, but it also makes a major contribution to the growing wealth of the city. By giving locals a dependable and open platform to sell their gold holdings, the center hopes to boost the local economy's liquidity.
Muthoot Exim's Gold Point Centres are renowned for their commitment to transparency and customer trust. At these centres, customers can sell their old and used gold items with the assurance of receiving fair and accurate valuations. The entire process is conducted transparently, allowing customers to witness the valuation firsthand. Instant cash payments are made for gold valued up to Rs 10,000 with higher amounts processed via IMPS, NEFT, or RTGS, ensuring a seamless and trustworthy transaction experience.
Talking about the great potential of the new Gold Point Centre at Tirunelveli, Keyur Shah, CEO of Muthoot Exim said, “We take great pride in announcing the launch of our new Gold Point Centre in Tirunelveli, which will mark an important milestone in our efforts to develop local sources of empowerment. Our aim is not only to provide an assured and transparent platform for monetizing a resident's gold assets but also a simplification of selling gold at fair valuations. The new Centre will be more than just transactional, it will be the one that encourages trust and unlocks the value a family possesses in their belongings within the safest and most welcoming environment.”
Thomas Muthoot, Executive Director of Muthoot Pappachan Group & Managing Director of Muthoot Exim, added, “Our new gold point centre in Tirunelveli is our commitment towards satisfying the diversity of the needs of our customers. This center shall not only recycle gold but shall also promote financial sustainability and inclusion in the community. We shall continually work on presenting an environment that is safe and transparent where local people can realize the value of their gold assets. We are always keen on continuing to make every customer feel valued and supported as we expand our presence across India. We look forward to contributing to the economic vitality of Tirunelveli.”
Muthoot Exim Pvt. Ltd. (MEPL) has been at the forefront of innovation in the precious metals market. As the first organized player to launch a gold recycling centre in India, MEPL has continuously set benchmarks in the industry. Since the opening of its first Gold Point Centre in Coimbatore in 2015, the company has expanded to major cities including Mumbai, Bengaluru, Chennai, Delhi, Kolkata, Hubballi, Nagpur, Barasat, and now Tirunelveli consistently offering high-quality products at affordable prices.