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About Us

Mulamoottil  family’s financial busines started in the early 1800s as a traditional money lending business in the ancestral house. The business grew into a chit fund business over the generations and was formalised as an NBFC in 1994 under the supervision of the Reserve Bank of India. The initial foray into organised financial services was by way of Mulamoottil Leasing & Hire Purchase Ltd. that used to provide vehicle loans. In 2014, the firm was renamed as Mulamoottil Financiers Ltd. and emerged as a Gold Loan Company.

In 2015, Mulamoottil Nidhi Ltd. was established to fulfil the government mandate to encourage the habit of savings in the rural areas. As a Nidhi company, MNL’s focus is on encouraging the habit of savings via Savings Accounts, Recurring Deposits and Fixed Deposits. MNL is approved by the Ministry of Corporate Affairs, India and is supervised by the Registrar of Companies.

Mulamoottil Nidhi Ltd. is the preferred partner and financial lifeline for the farming/fishing/coastal/MSME communities as we provide financial services like Gold Loans, attractive RD products and a host of other financial and semi-banking services in some of the most remote villages of Central Travancore region of Kerala.

Mulamoottil Nidhi Ltd. has pioneered several digital offerings and attractive financial products to deliver new and outstanding financial services to all the “unbanked” rural populations of Kerala.


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