Muthoot MCred Limited (formerly Muthoottu Mini Financiers Ltd.) stands among India’s well-established and trusted Non-Banking Financial Companies (NBFCs), backed by a legacy dating to 1921. Founded in Kozhencherry, Kerala, by Sri. M. Mathew Muthoottu, as a financing and chit fund enterprise, the institution has evolved into a professionally governed financial services organisation known for stability, discipline, and credibility.
Muthoottu Mini Financiers Ltd was incorporated in 1998 and is registered with the Reserve Bank of India (RBI). On February 5, 2026, the organisation transitioned to Muthoot MCred Limited, reflecting its forward-looking growth strategy, digital transformation, and strengthened corporate identity, while preserving its legacy foundation.
Gold loans remain the cornerstone of our business, with a strategic focus on secured, small-ticket lending and first-time borrowers across semi-urban and emerging markets. Our model is anchored in conservative loan-to-value norms, structured risk governance, and technology-enabled systems ensuring operational efficiency and portfolio quality. This disciplined framework is reflected in our ICRA credit rating of A (Stable), underscoring financial strength and reliability.
With 995+ branches across multiple states and over 6,000 employees, Muthoot MCred has built a scalable platform for sustained, responsible growth. Under the leadership of Managing Director Mathew Muthoottu, Chairperson & Whole-time Director Nizzy Mathew, and CEO P. E. Mathai, the Company continues to strengthen professional management and governance standards.
In addition to gold loans, Muthoot MCred offers insurance and money transfer solutions in strict adherence to regulatory guidelines. With a century-old foundation and modern execution framework, Muthoot MCred Limited remains committed to delivering secure, transparent, customer-centric financial solutions.

Muthoot MCred Limited

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