Muthoot Exim opens its first Gold Point Centre in Bhubaneswar
Bhubaneswar(26/12/2024): Muthoot Exim (P) Ltd., the precious metal arm of 137-year-old business conglomerate Muthoot Pappachan Group (also known as Muthoot Blue), announced the grand opening of its newest Gold Point Centre in Bhubaneswar.
The new Muthoot Gold Point marks the opening of first branch in Odisha, and is strategically located at NK House, Plot No:1/A, Back side Hotel Vineeth,near ,Kharvela Nagar, Bhubaneswar, Odisha 751001, and is the 35th Gold Point Centre of Muthoot in India. 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.
Bhubaneswar, the capital city of Odisha-has been emerging as a potential economic center for the eastern region.
As the city is increasingly developing its infrastructural connections and its footprint keeps gaining wider influence, Bhubaneswar stands close to touching the impact of the larger state economy.
The opening of Muthoot Exims Gold Point Centre in Bhubaneswar is therefore more than just a commercial milestone as it aims to enable financial empowerment in the with a well-trusted and transparent avenue for potential access to finance to meet any requirements.
Talking about the opening of first branch in Odisha, Keyur Shah, CEO of Muthoot Exim said, “We are extremely glad that the new Gold Point Centre is opening at Bhubaneswar to support many small businesses and in their struggle in the context of enhancing Odisha's prospering economy.
Thus, besides facilitating safe and transparent solutions to realize their gold for money, our offer involves making fair and market-related values.
This centre will not only be a transactional space but a trust-enabling institution that unlocks the value of what families own, thus playing a big role in state economic growth through improved liquidity and financial inclusion.” Thomas Muthoot, Executive Director of Muthoot Pappachan Group & Managing Director of Muthoot Exim, added, “Bhubaneswar's new Gold Point Centre is proof of our commitment to meeting the needs of the consumer by providing a reliable gold recycling platform that promotes financial inclusion and sustainability.
We are dedicated to providing a transparent and secure environment within which to maximize the value of individual gold assets." 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, Tirunelveli, Guntur, Warangal, Davangere, and now Bhubaneshwar, consistently offering high-quality products at affordable prices.
