MUTHOOT VEHICLE & ASSET FINANCE LTD
In 1992 Muthoot Group Started its Vehicle Finance division as "Muthoot Leasing and Finance Ltd" and in 2008 changed its name as "Muthoot Vehicle & Asset Finance Ltd (MVFL)" for providing wide range of financial solutions as the name itself indicates.MVFL, as per the certification by Reserve Bank of India, is a Deposit taking Asset Finance Company (DAFC). MVFL has the distinction of being the only one of its kind in Kerala.MVFL is a dividend paying company and also has been maintaining investment grade rating for its deposits since over five years from ICRA. The Company deals in both Liability (Deposit) Products and Asset (Loans) Products.
MVFL carries out its operations through a network of 23 branches spread across 13 districts in Kerala and Tamil Nadu. The Company has made considerable forays into financing of used and new commercial vehicles, passenger and goods’ autos, earth moving equipment, tippers, JCBs, private vehicles and other asset finance solutions to strengthen the economic base of urban and rural sectors in Kerala.
We have readymade financial solutions at moderate and affordable costs encompassing all the activities , Over a period, we have built up a strong reputation of trust and integrity while serving countless customers by offering expert advices on their financial needs. Our span of reach stands multiplied throughout the country thanks to the presence of the over 4,500 strong Muthoot Group Branches.