Muthoot Capital Services which is a Kerala based two wheeler loan company from the Muthoot Pappachan Group has been planning to expand its reach at the national level and also enter the car loan market.

Thomas George Muthoot, the Managing Director has said that “We are a leading provider of two-wheeler finance in the South. Our aim is to emerge as a leading national player in two-wheeler loans. We are also planning to make a foray into new car/used car financing.”

He further said that “There is a growing demand for used car loans and we hope to cater to this demand.”

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