Muthoot Vehicle & Asset Finance Limited

Muthoot Vehicle and Asset Finance Ltd (MVAFL) is part of the well-established Muthoot Group, which traces its origins to the late 1800s and has since grown into a diversified business with interests spanning financial services, plantations, and more. MVAFL was established to offer vehicle financing solutions, with a focus on new and used vehicles. The company primarily finances the purchase of new and used cars as well as two-wheelers, while also offering loans against gold, commercial vehicles, and other assets. It operates across Kerala and has expanded its presence to other regions including Coimbatore, Bengaluru, and New Delhi. MVAFL is owned and managed by the Muthoot family, which also leads other Muthoot Group businesses, including flagship entity Muthoot Finance. The promoters remain actively involved in overseeing MVAFL's operations, ensuring alignment with the group's broader objectives. The company benefits from its strategic importance within the Muthoot Group and can draw on promoter support when needed. MVAFL has maintained a focus on improving asset quality while continuing to expand its product offerings to meet evolving customer needs.