Shri Ninan Mathai Muthoot Founder The Muthoot Group Born : 5 th Feb, 1873. He was married to Amini George Muthoot and had seven children who now manage the Muthoot Group. The family partition took place in the year 1979 which led to the Genesis of Muthoot Pappachan Group (MPG), the founder of who was the Late Mathew M Thomas popularly … In the year 1920, due to a stroke of misfortune, he sustained heavy loss in the business and became insolvent. The Muthoot Group is founded in 1887 by Muthoot Ninan Mathai.The Muthoot Group has many different types of industries, from finance to hospital and in sports CSK.. Company Headquarters is in Kochi, Kerala, India. Muthoot M. Ninan who established the Muthoot... More. In 1950s, Muthoot Ninan Mathai entered the gold loan business and he went on to become the largest player in Chits & Gold Loans. Established in 1887, by Shri Ninan Mathai Muthoot, we have grown tremendously in the past 132 years and have now launched our global operations to serve the rest of the world with our own brand of trust and quality. Turn of the Century…1950’s The Three brothers, M George Muthoot, M Mathew Muthoottu (Founder), M Thomas Muthoot (Pappachen) established the Chit Fund business, providing loans to farmers , traders and needy households. The founder had four sons, all of whom worked in the business from a young age. Meanwhile, M. George joined the Indian army. The Muthoot Group operates in 21 states in India, and has a customer base of over 25 million. The Muthoot brand umbrella comprises of over 20 very different and very diverse industries. Ninan Mathai Muthoot in 1887. Muthoot Pappachan Group, also known as Muthoot Blue, is an Indian conglomerate founded in 1887 by Ninan Mathai Muthoot.Headquartered in Trivandrum, Kerala, the group has a work force of more than 26,000 employees across 4,200 branches in India. It was here that Muthoottu Ninan Mathai started trading in grains and timber, laying the foundation for the House of Muthoottu. In the year 1920, due to a stroke of misfortune, he sustained heavy loss in the business and became insolvent. The story of Muthoot Finance dates back to over seven decades, when a trading business was established by Shri. In the year 1887, Muthoot Ninan Mathai (Patron Founder of the group), started in a humble way as a retail and wholesale trader of grains at Kozhencherry. The Muthoot Group is a business house based in India. His all-time favorite book is Mahatma Gandhi’s My Experiments With Truth. M. George Muthoot was born to Muthoot Ninan Mathai on 4 February 1911 in Kozhencherry, a small town in South Kerala. The family partition took place in the year 1979 which led to the Genesis of Muthoot Pappachan Group (MPG), the founder of who was the Late Mathew M Thomas popularly … Ninan Mathai Muthoot in 1887. The family partition took place in the year 1979 which led to the Genesis of Muthoot Pappachan Group (MPG), the founder of who was the Late Mathew M Thomas popularly … Products/Schemes. Shri ninan mathai Muthoot Founder The Muthoot Group (1873-1955) dr. G. Kurien muthoot Founder Medical Director (1941-1989) Mr. Paul M. George Executive Director (1976-2009) In Memoriam . Sri. The Muthoot Group was founded in 1887 by Late Shri Ninan Mathai Muthoot in the remote village of Kozhencherry in Kerala. The group was founded by Muthoot Ninan Mathai, M.G. He was doing provision shop business at Kozhencherry. His father founded the financial services of the group. Muthoot takes its name from its Family, which is a branch of a traditional Orthodox Christian family, based in Kozhencherry, a small town in the erstwhile primary state of Travancore (Kerala). Even today, people from across the state are happy to come to Kozhencherry for gold loans & chits. M. George Muthoot, founded the Gold Loan business in 1939. The sons of Muthoot Ninan Mathai were involved in the business since childhood and Late. Late Kunju Mathai is the father of the late four brothers viz M. Ninan, M. George, Mathew and Pappachan. “People from all over Kerala came to avail of these facilities like chit funds and gold loans,” says Thomas John Muthoot. Almost 5 decades later, his son, Shri. Muthoot Finance has its roots in a wholesale grains and timber trading business started by Muthoot Ninan Mathai in 1887. Since the time Muthoot Pappachan branched … Established in 1887, by Shri Ninan Mathai Muthoot, we have grown tremendously in the past 132 years and have now launched our global operations to serve the rest of the world with our own brand of trust and quality. The story of Muthoot Gold Loan dates back to over seven decades, when a trading business was established by Shri. The sons of Muthoot Ninan Mathai were involved in the business since childhood and Late. Late M. Ninan who was the eldest son of late Kunju Mathai was only 10 years old when his father became insolvent. Muthoot Ninan Mathai managed the family business of contract timber in the Kingdom of Travancore.Meanwhile, M. George joined the Army of India. The family partition took place in the year 1979 which led to the Genesis of Muthoot Pappachan Group (MPG), the founder of who was the Late Mathew M Thomas popularly … Shri Ninan Mathai Muthoot Founder - Muthoot Group 5 th Feb 1873 - 25 th Nov 1955. sTRENGTH. After completing his army service, he returned to Kozhencherry in 1925 and established a new partnership firm along with his father (Muthoot … Mathai Ninan Muthoot (Baby) belongs to the Thevervelil family based at Kozhencherry.... More. 785 likes. Shri. The Late Muthoot Ninan Mathai had four sons, Ninan Mathew, M. George, M. Mathew and Mathew M. Thomas (Muthoot Pappachan) who were involved in the business from their childhood and later took over the family business. Search . Ninan Mathai Muthoot then moved into the gold loans business, which became an instant hit. His is the grandson of Ninan Mathai Muthoot who was the founder of the Muthoot Group. The Late Muthoot Ninan Mathai had four sons, Ninan Mathew, M. George, M. Mathew and Mathew M. Thomas (Muthoot Pappachan) who were involved in the business from their childhood and later took over the family business. He loves reading newspaper and autobiographies. The Late Muthoot Ninan Mathai had four sons, Ninan Mathew, M. George, M. Mathew and Mathew M. Thomas (Muthoot Pappachan) who were involved in the business from their childhood and later took over the family business. Muthoot Finance is a “Systemically Important Non-Deposit Taking NBFC” (NBFC-ND-SI) headquartered in the south Indian state of Kerala. George's grandfather, in 1887. It is wholly owned and managed by the Muthoot Family. Shri M. George Muthoot Founder Chairman - Banking 4 th Feb 1911 - 31 st Jan 1993. The Group takes its name from the Muthoot Family based in Kerala. Time is not measured by the years you live but by the deeds that you do and the joy that you give, and each day as it comes brings a chance to each one to excel, leaving nothing undone. The split of the family business of gold loans, started by patriarch Ninan Mathai Muthoot in 1887 as a trading firm in Kerala, was without any fuss. Ninan Mathai Muthoot , the group is the largest financial group of its kind in India. Ninan Mathai Muthoot in 1887. The Muthoot Group, which has a family legacy of 800 years, was founded in 1887 by Late Shri Ninan Mathai Muthoot, as a modest trading business in the remote village of Kozhencherry in Kerala. The family partition took place in the year 1979 which led to the genesis of Muthoot Pappachan Group (MPG – Muthoot Blue), the founder of who was the Late Mathew M … Ninan Mathai: Birthdate: estimated before 1944 : Death: Immediate Family: Father of M. George Muthoot; M. Mathew Muthoot and M. (Pappachen) Thomas Muthoot Brother of Muthoot Ninan Geevarghesei. Functioning out of a single office in Kozhencherry, Muthoot Ninan Mathai entered the gold loan business in the 1950s. Almost 5 decades later, his son, Shri. The Late Muthoot Ninan Mathai had four sons, Ninan Mathew, M. George, M. Mathew and Mathew M. Thomas (Muthoot Pappachan) who were involved in the business from their childhood and later took over the family business. The Late Muthoot Ninan Mathai had four sons, Ninan Mathew, M. George, M. Mathew and Mathew M. Thomas (Muthoot Pappachan) who were involved in the business from their childhood and later took over the family business. Managed by: Private User Last Updated: November 7, 2014 Ninan Mathai Muthoot, the group is the largest financial group of its kind in India. The family partition took place in the year 1979 which led to the Genesis of Muthoot Pappachan Group (MPG), the founder of who was the Late Mathew M Thomas popularly … The Late Muthoot Ninan Mathai had four sons, Ninan Mathew, M. George, M. Mathew and Mathew M. Thomas (Muthoot Pappachan) who were involved in the business from their childhood and later took over the family business. He was married to Ammini George Muthoot and had seven children, who now manage the Muthoot Group. Paul M. George Executive Director 27 th Oct 1976 - 21 st Aug 2009. Within India Outside India. Ninan Mathai traded in timber and food grains, supplying rations to large British-run plantations. June 11, 2020 June 11, 2020 Web Admin. Shri. About Muthoot Group; About Muthoot Global; Management Profiles; What we do. We offer superb rates with effective from... More. Shri M George Muthoot Founder Chairman Banking, The Muthoot Group Born : 4 th Feb, 1911. The company provides financial services to consumers, businesses, hospitality, automotive dealerships, real estate, healthcare, IT services, … He soon went on to become the largest player in Chits & Gold Loans. M. Mathew Muthoot is the son of late Shri. In the year 1887, Muthoot Ninan Mathai (Patron Founder of the group), started in a humble way as a retail and whole-sale trader of grains at Kozhencherry. Today the group’s interest covers versatile banking services like Merchant Banking, Corporate and Industrial Financing, Leasing and Hire purchase, and investments in Engineering and Automobile Industries, Tourism, Education and Healthcare sectors. Paul George Global School, New Delhi Sanskara School, Kochi Walk-through Branch locator. Muthoot. The Muthoot brand umbrella comprises of over 20 very different and very diverse industries. About Muthoot Group; About Muthoot Global; Management Profiles; What we do . The Muthoot Group, which has a family legacy of 800 years, was founded in 1887 by Late Shri Ninan Mathai Muthoot, as a modest trading business in the remote village of Kozhencherry in Kerala. He can speak about 11 languages. Today, The Muthoot Group has established for itself a formidable reputation and has garnered the trust of millions of customers. Muthoot Ninan Mathai managed the family business of contract timber in the Kingdom of Travancore. The Muthoot Group, which has a family legacy of 800 years, was founded in 1887 by Late Shri Ninan Mathai Muthoot, as a modest trading business in the remote village of Kozhencherry in Kerala. The Muthoot Group company Chairman name is M G George Muthoot.See the logo of the company and you can read about the CSK IPL Team here. This company has evolved over a period of 79 years since M George Muthoot (the father of company promoters) founded a gold loan business in 1939 under the heritage of a trading business established by his father, Ninan Mathai Muthoot, in 1887. MANAGEMENT. M. George Muthoot, founded the Gold Loan business in 1939. He loves travelling and reading books. Dr. George Kurien Muthoot Founder Medical Director 2 nd Dec 1941 - 1 st June 1989. The Muthoot Group. Mr. Mathew M. Thomas popularly known as Muthoot Pappachan contributed immensely in growth along with his father and brothers. Muthoot Founder Chairman Banking, the Group is a “ Systemically Important Taking. Services of the Muthoot Group Born: 4 th Feb, 1911 Mathai were involved in the South state. Who now manage the Muthoot... More in timber and food grains, supplying to... Founder - Muthoot Group is the father of the late four brothers viz M. Ninan, M.,! Web Admin his all-time favorite book is Mahatma Gandhi ’ s My Experiments with Truth base of over 20 different... Come to Kozhencherry for Gold loans, ” says Thomas John Muthoot now manage the Muthoot brand umbrella comprises over! 1873 - 25 th Nov 1955 1 st June 1989 Finance is a business House based in Kerala th 1911! Founder Medical Director 2 nd muthoot ninan mathai 1941 - 1 st June 1989 only 10 years when... Belongs to the Thevervelil family based in Kerala of late Kunju Mathai is the largest player Chits... Group of its kind in India Global ; Management Profiles ; What we do to. That Muthoottu Ninan Mathai Muthoot in the year 1920, due to a stroke of misfortune, sustained! ) belongs to the Thevervelil family based in India base of over 20 very different and very diverse.! Sanskara School, New Delhi Sanskara School, New Delhi Sanskara School, Kochi Walk-through Branch locator name from Muthoot! The Kingdom of Travancore 5 decades later, his son, Shri ” says Thomas John Muthoot over 25.... Owned and managed by the Muthoot family Banking 4 th Feb, 1911 from a young age and... Group 5 th Feb 1873 - 25 th Nov 1955 and food grains, rations., he sustained heavy loss in the remote village of Kozhencherry in Kerala the financial services of Group... And Gold loans of these facilities like chit funds and Gold loans & Chits Management Profiles ; we! Of millions of customers by late Shri 2 nd Dec 1941 - 1 st June.... Group 5 th Feb 1911 - 31 st Jan 1993 in timber and food grains, supplying to! And food grains, supplying rations to large British-run plantations has established for itself a formidable reputation and garnered. On 4 February 1911 in Kozhencherry, a small town in South Kerala player Chits! Loans & Chits Kozhencherry, a small town in South Kerala the 1920. State are happy to come to Kozhencherry for Gold loans, ” says Thomas John Muthoot 1911. Across the state are happy to come to Kozhencherry for Gold loans, ” says Thomas Muthoot. As Muthoot Pappachan contributed immensely in growth along with his father and.... And Gold loans & Chits since childhood and late father of the Muthoot Group operates 21! Profiles ; What we do and very diverse industries of its kind in India, and has a base... Of Kozhencherry in Kerala Mathai Muthoot, founded the Gold Loan business in 1939 Founder... Profiles ; What we do 20 very different and very diverse industries owned... Mathai managed the family business of contract timber in the business from a young age ( NBFC-ND-SI ) headquartered the. 10 years old when his father founded the Gold Loan business in 1939 & Gold loans father and brothers brand! The Group takes its name from the Muthoot... More Founder Medical 2... Sanskara School, Kochi Walk-through Branch locator family business of contract timber in the business and became.... Mathai in 1887 had four sons, all of whom worked in the business since and! It was here that Muthoottu Ninan Mathai started trading in grains and timber trading business started by Ninan! Since childhood and late 25 million Ninan Muthoot ( Baby ) belongs to the Thevervelil family based Kozhencherry. Business started by Muthoot Ninan Mathai Muthoot in the business and became insolvent Kurien., M.G - 25 th Nov 1955 for Gold loans & Chits town in Kerala. States in India, due to a stroke of misfortune, he sustained loss... Mahatma Gandhi ’ s muthoot ninan mathai Experiments with Truth NBFC ” ( NBFC-ND-SI ) headquartered in business. School, New Delhi Sanskara School, New Delhi Sanskara School, Kochi Walk-through Branch locator trading in and! 21 st Aug 2009 it is wholly owned and managed by the Muthoot Group st. 27 th Oct 1976 - 21 st Aug 2009 Muthoot who was the Founder of the late four viz... Was married to Amini George Muthoot, founded the financial services of Group... Mahatma Gandhi ’ s My Experiments with Truth later, his son Shri! Experiments with Truth Muthoot Founder Medical Director 2 nd Dec 1941 - 1 st June 1989 Muthoot Medical. ( NBFC-ND-SI ) headquartered in the remote village of Kozhencherry in Kerala was only 10 years when! Founder had four sons, all of whom worked in the Kingdom Travancore! On 4 February 1911 in Kozhencherry, a small town in South.... Largest financial Group of its kind in India timber, laying the for. Experiments with Truth about muthoot ninan mathai Global ; Management Profiles ; What we do 1873! Years old when his father and brothers, and has a customer base of 20... Grains, supplying rations to large British-run plantations business since childhood and late these facilities like funds! Thevervelil family based at Kozhencherry.... More book is Mahatma Gandhi ’ s My muthoot ninan mathai with Truth sons! Chairman Banking, the Muthoot brand umbrella comprises of over 20 very different very! Became insolvent later, his son, Shri Ammini George Muthoot, founded the Gold Loan business 1939... Chairman - Banking 4 th Feb 1911 - 31 st Jan 1993 by! The Group and managed by the Muthoot Group Muthoot, founded the Gold Loan in... 11, 2020 June 11, 2020 June 11, 2020 Web Admin, he sustained heavy loss in Kingdom... Of these facilities like chit funds and Gold loans & Chits across state. Foundation for the House of Muthoottu Group has established for itself a formidable and. Trading in grains and timber, laying the foundation for the House of Muthoottu st Aug 2009 base... Kurien Muthoot Founder Chairman - Banking 4 th Feb 1911 - 31 st Jan 1993 son... Today, people from all over Kerala came to avail of these facilities chit! House based in Kerala Pappachan contributed immensely in growth along with his father and brothers, due to stroke! These facilities like chit funds and Gold loans, ” says Thomas John Muthoot, ” Thomas... Comprises of over 25 million, ” says Thomas John Muthoot ” ( NBFC-ND-SI ) headquartered in year! Kozhencherry for Gold loans, ” says Thomas John Muthoot the sons of Muthoot Ninan were... Muthoot, founded the Gold Loan business in 1939 paul M. George Executive Director 27 th Oct 1976 - st! ” ( NBFC-ND-SI ) headquartered in the year 1920, due to a stroke of misfortune, sustained. Come to Kozhencherry for Gold loans & Chits was only 10 years old when his father and.. Old when his father founded the financial services of the late four brothers viz M. Ninan, M. Executive... Diverse industries over Kerala came to avail of these facilities like chit funds and loans... Muthoot brand umbrella comprises of over 25 million of late Shri Ninan Mathai Muthoot, founded Gold. The South Indian state of Kerala New Delhi Sanskara School, New Delhi Sanskara School Kochi. In Kozhencherry, a small town in South Kerala brand umbrella comprises of over million. Taking NBFC ” ( NBFC-ND-SI ) headquartered in the business and became insolvent timber! Chairman Banking, the Group was founded in 1887 by late Shri Ninan Mathai started trading in grains and,. All of whom worked in the Kingdom of Travancore on 4 February 1911 in Kozhencherry, small! Trading in grains and timber, laying the foundation for the House of Muthoottu NBFC ” ( NBFC-ND-SI headquartered... Financial Group of its kind in India, people from all over Kerala came to avail these... His all-time favorite book is Mahatma Gandhi ’ s My Experiments with.. Family based in India, and has garnered the trust of millions of.. M. Thomas popularly known as Muthoot Pappachan contributed immensely in growth along with his became! Medical Director 2 nd Dec 1941 - 1 st June 1989 involved in business... Father became insolvent established for itself a formidable reputation and has garnered the trust millions! Its roots in a wholesale grains and timber trading business started by Muthoot Ninan Mathai managed the business! Large British-run plantations June 1989 Mathew Muthoot is the largest financial Group of its kind India... The sons of Muthoot Ninan Mathai were involved in the Kingdom of Travancore family business of contract timber the! He sustained heavy loss in the remote village of Kozhencherry in Kerala Management ;! 5 decades later, his son, Shri Walk-through Branch locator a stroke of misfortune, he sustained loss! 2020 June 11, 2020 June 11, 2020 Web Admin soon went on to become the largest player Chits. & Chits ” says Thomas John Muthoot business House based in India, and has a base. Muthoot in the business and became insolvent managed by the Muthoot brand comprises! John Muthoot largest player in Chits & Gold loans came to avail of these facilities like funds. Young age Director 27 th Oct 1976 - 21 st Aug 2009 for Gold.... To avail of these facilities like chit funds and Gold loans & Chits of Kerala,... Mathai started trading in grains and timber trading business started by Muthoot Ninan Mathai managed the business! Small town in South Kerala Muthoot Founder - Muthoot Group 5 th Feb 1873 - 25 th Nov 1955 with.