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Kochi, 18th October 2014: Muthoot Finance, India’s largest gold loan company announced the name of the winner of Muthoot ATM transact & Win contest. The winner Mr Jamal from Mahi Kaffe, Kottayam was awarded the prize by Mr George Thomas Muthoot, Joint Managing Director, Muthoot Finance Ltd, along with Mr O K Varghese, Sr Regional Manager-Kottayam, Muthoot Finance Ltd and other senior officials.

The contest was based on the the customer to visit their nearest Muthoot ATM and make a transact valid and applicable for slips pertaining to Four transactions i.e. Cash Withdrawal, PIN Change, Mini Statement and Balance enquiry. The Lucky Draw for the eligible entries, was conducted once
every month,and the winners were selected through a computerized draw.

Mr Geogre Thomas Muthoot, Jt Managing Director, Muthoot Finance Ltd said “This contest was undertaken for improvising the number of transactions in our ATMs, through this we have been able to showcase our presence in the WLAs sector”

Muthoot Finance would see about 1000 Muthoot ATMs set up in the first year itself, followed by 2000 in the second year and a significant ramp up by about 6000 WLAs in the third year.

Muthoot Finance has partnered with FIS Payment Solutions & Services India, one the world’s largest global provider dedicated to banking & payment technologies, which will act as the Technical Partner for the project and Federal Bank Ltd which is the sponsor bank for this venture.

Apart from basic ATM service of Cash withdrawal & Balance enquiry, Account to Account transfer, Prepaid card Top up etc. Muthoot ATMs would also offer value added services to the customers. The company plans to introduce loyalty programs for the customers who will be using

it’s ATMs. To ensure better service to Muthoot ATM users, the company plans to set up exclusive counters at selected centres with ATM facility along with other services of the company such as Money Transfer, Foreign Exchange, Air Ticketing, Bill Payments etc. A customer support system backed by 24X7 Video Interactive Facility and TV screen with information for customer education will also be provided at the ATM sites.

About Muthoot Finance Ltd:
Muthoot Finance Limited is the largest gold financing company in India in terms of loan portfolio. The company is a “Systemically Important Non-deposit taking NBFC” headquartered in the southern Indian state of Kerala and with its corporate office in New Delhi.

Operating history of Muthoot Finance has evolved over a period of 75 years since M George Muthoot (the father of our Promoters) founded a gold loan business in 1939 under the heritage of a trading business established by his father, Ninan Mathai Muthoot, in 1887.

The company provides personal loans secured by gold jewellery, or Gold Loans, primarily to individuals who possess gold jewellery but could not access formal credit within a reasonable time, or to whom credit may not be available at all, to meet unanticipated or other short-term liquidity requirements.

Company is listed on both National Stock Exchange of India and Bombay Stock Exchange.

For More Information Please Contact:

Babu John Malayil,
Muthoot Finance Ltd,
Contact: 0484-2396478
Kaustubh Ghotikar
Adfactors Public Relations Pvt Ltd
Contact: 9167127415
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