Muthoot Exim (P) Ltd., the precious metal arm of 138-year-old business conglomerate Muthoot Pappachan Group (also known as Muthoot Blue), proudly announces the grand opening of its newest Gold Point Centre in the new Muthoot Gold Point is strategically located at Building No. 6&7, First Floor, Dennison Road, Vasantham Hospital Road, Kosammattam Finance Upstairs, Near CSB bank, Nagercoil, Tamil Nadu – 629001. This marks the 12th branch in Nagercoil, Tamil Nadu including the Mobile Van and 60th centre in India.
The opening of this Gold Point Centre at Nagercoil, Tamil Nadu will be a wave of change that is ushered into the local public's financial lives. It will let them liquidate their assets in gold and make financial services even more accessible through this trusted and transparent centre. 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.
Thomas Muthoot, Executive Director of Muthoot Pappachan Group & Managing Director of Muthoot Exim, added, “We are delighted to announce the launch of our Gold Point Centre in Nagercoil, marking another step forward in making gold recycling accessible, transparent, and sustainable. At Muthoot Exim, we are committed to offering customers a secure and scientific process to unlock the value of their unused gold, while contributing to a greener and more responsible future. This centre will serve the people of Nagercoil and neighbouring regions with the highest standards of trust and service.”
Mr. Keyur Shah, CEO of Muthoot Exim said, “The launch of our Gold Point Centre in Nagercoil is a key step in expanding our mission of making gold recycling accessible, transparent, and sustainable. With this facility, customers can benefit from a secure and scientific process that ensures fair value for their unused gold, while also contributing to an environmentally responsible future.”
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, Ernakulam, Trivandrum, Delhi NCR, Kolkata, Hyderabad, Hubballi, Nagpur, Barasat, Tirunelveli, Guntur, Warangal, Davangere, Bhubaneswar, Kalaburagi, Thrissur, Lucknow, Mohali, Vellore, Faridabad, Kozhikode, Trichy, Belagavi, Serampore, Mathura, Secunderabad and now Kakinada consistently offering high-quality products at affordable prices.