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 having investment grade rating for its deposits from CRISIL (FA+/Stable). The Company deals in both Liability (Deposit) Products and Asset (Loans) Products.As part of diversifying MVFL entered into the Gold Loan business from 2021 onwards.
MVFL carries out its operations through a network of 22 branches spread across 12 districts in Kerala and Tamil Nadu. The Company has made considerable forays into the 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.
Muthoot Vehicle & Asset Finance Ltd offers flexible financial solutions at moderate and affordable costs. Over a period, we have built up a strong reputation of trust and integrity while serving countless customers by offering expert advice 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.