Jaipur, April 6, 2024.

Muthoot Exim (P) Ltd., the precious metal arm of business conglomerate Muthoot Pappachan Group (also known as Muthoot Blue),has announced the launch of their first Gold Point Centre in the state of Rajasthan at No-G-22, ground floor, front side of Jagdamba tower, plot no-E3, Amrapali Circle, Vaishali Nagar, Jaipur, Rajasthan-302021.With an objective of providing the customers a trusted and credible centre to sell their gold ensuring a seamless process, Muthoot Gold Point Centre aims to ensure transparent, fair, precise and efficient selling and recycling of gold.

With this new branch, the company today has 22 Gold Point centres in India including two 'Mobile Muthoot Gold Point' (Mumbai & Bengaluru) which collects gold from the doorstep of the customers. Muthoot Exim, through its Gold Point Centres, buys old and used gold items directly from customers, which is later reprocessed, refined and supplied for domestic consumption.

The first Gold Point centre was launched by the organisation in Coimbatore in 2015 and have expanded to other cities since then including Mumbai, Bengaluru, Chennai, Delhi, Kolkata, Madurai, Vijayawada, Ernakulam (Kochi), Noida, Pune, Hyderabad, Indore, Visakhapatnam, Gurgaon, Mysuru and Rajahmundry.

“We are excited to be in Rajasthan and we look forward to providing a safe, easy and hassle-free avenue for the customers to meet their financial requirements through our Gold Point Centre. Rajasthan is one of the fastest growing states in the country and our presence here is key to our business transformation strategy”, said Keyur Shah – CEO, Muthoot EXIM.

“We plan to expand nationally ensuring to reach more customers while providing a unique and comprehensive facility to them to meet their financial needs with our Gold Point Centres. The first venture here in Rajasthan is part of our expansion plans to help meet the customer needs while intending to revolutionise the retail gold segment with transparency and trust as key pillars”, said Mr. Thomas Muthoot, Executive Director - Muthoot Pappachan Group & Managing Director - Muthoot Exim