Lucknow, February 25th, 2025: Muthoot Exim (P) Ltd., the precious metal arm of 137-year-old business conglomerate Muthoot Pappachan Group (also known as Muthoot Blue), proudly announces the grand opening of its newest Gold Point Centre in Lucknow. The new Muthoot Gold Point Centre is strategically located at Shop No. B-305/B-304, 1st Floor of Sahara Plaza, Situated CP-5, Pratkarpuram, Vikas Khand, Gomti Nagar in Lucknow, Uttar Pradesh – 226010.
This marks the opening of 3the 8th Gold Point Centre in India and the 3rd branch in Uttar Pradesh.
The new Gold Point Centre will unlock the value of gold to the residents of Lucknow who will get an opportunity to acquire the much-needed liquidity transparently. Muthoot Exim’s Gold Point Centres are renowned for their commitment to transparency and customer trust. At these centres, customers can sell their old and used gold items with the assurance of receiving fair and accurate valuations. The entire process is conducted transparently, allowing customers to witness the valuation firsthand. Instant cash payments are made for gold valued up to Rs 10,000 with higher amounts processed via IMPS, NEFT, or RTGS, ensuring a seamless and trustworthy transaction experience.
Keyur Shah, CEO of Muthoot Exim said, “Lucknow is a city full of promises, and we are delighted to be part of its growth. Our Gold Point Centre would be a platform for the residents to unlock the value of their gold assets through a fair, transparent and hassle-free process.”
Thomas Muthoot, Executive Director of Muthoot Pappachan Group & Managing Director of Muthoot Exim, added, “This is not yet another opening, but we are here to create lasting, fruitful relationships with the residents. Working alongside the local community and residents of Lucknow, the Muthoot Gold Point Centre will empower them ensuring to provide them a platform for safe financial access.”
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, and now Lucknow consistently offering high-quality products at affordable prices.