Faridabad 25th March 2025: Muthoot Exim (P) Ltd., the precious metal arm of 138-year-old business conglomerate Muthoot Pappachan Group (also known as Muthoot Blue), proudly announces the grand opening of its newest Gold Point Centre in Haryana. The new Muthoot Gold Point Centre is strategically located on the 1st floor, Shop no. 5, 1-2 chowk, Above Utkarsh Finance Bank, Near Zevar Palace, NIT in Faridabad, Haryana 121001.
This branch opening marks the 41st Gold Point Centre in India and 2nd branch in Haryana, and 6th branch in Delhi NCR, marking another milestone in Muthoot Exim’s commitment to empowering citizens with instant access to liquidity and financial solutions, while maintaining our ethos of trust, transparency, and customer satisfaction.
With the new Muthoot Exim’s Gold Point Centre, customers in Faridabad will be able to sell their used and old gold, knowing they will receive fair and accurate valuations through a completely transparent process. The customer will have a first-hand view of the valuation, promising a seamless and reliable experience. For gold worth up to Rs 10,000, clients are paid in cash immediately, while larger amounts are handled effectively through IMPS, NEFT, or RTGS.
Keyur Shah, CEO of Muthoot Exim, expressed his enthusiasm about the new branch, saying, “Haryana is a historically rich and dynamic, hardworking state, and we are excited to be part of its development. Our Gold Point Centre in Faridabad will give residents an efficient, transparent means of realizing the value of their gold. By delivering precise and equitable valuations, we intend to empower customers with instant liquidity, providing an effortless and secure experience.”
Thomas Muthoot, Executive Director of Muthoot Pappachan Group & Managing Director of Muthoot Exim, added, “The opening of our 41st Gold Point Centre at Faridabad is a milestone in our pursuit of providing affordable and inclusive financial solutions to communities all over the country. It’s not about providing services; it’s about establishing long-term relationships with our customers. With a secure and transparent platform to monetize the value of gold, we are enabling locals to fulfill their financial requirements with confidence and trust.”
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, Napur, Barasat, Tirunelveli, Guntur, Warangal, Davangere, Bhubneshwar, Kalaburagi, Thrissur, Lucknow, Punjab, Vellore and now Faridabad, consistently offering high-quality products at affordable prices.