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Muthoot Finance Ltd, India’s largest gold financing company and the flagship company of the Muthoot Group, continued its ATM launches and has now opened its first Muthoot ATM at Ernakulam Medical Centre. The ATM aims to benefit patients and visitors to instant access to money which could further assist for quicker payment for medical bills and services.

The Muthoot ATM was inaugurated by Mr C. I Gopalan, Managing Director, Ernakulam Medical Centre in the presence of Mr George Alexander Muthoot, Managing Director, Muthoot Finance Ltd. The other senior officials present at the occasion were Mr P. E Mathai, CEO, Muthoot Precious Metal Corporation (MPMC), Mr Babu John Malayil, AGM-Corporate Communications, Muthoot Finance Ltd, Dr T. V Ravi, Chief Paediatrician & Neonatologist and Dr P. M Chacko, Consultant & Plastic Surgeon from Ernakulam Medical Centre.

Muthoot Finance would see about 1000 WLAs 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.