Saharanpur, April 10, 2026: Muthoot Exim (P) Ltd., the precious metals division of the 138-year-old Muthoot Pappachan Group (Muthoot Blue), has announced the grand opening of its 107th Gold Point Centre in India, located at Ghanta Ghar Chowk, Dehradun Road, Saharanpur. This also marks the company’s 10th branch in Uttar Pradesh.
The newly launched Gold Point Centre aims to make scientific, transparent, and responsible gold recycling more accessible to customers in Saharanpur and nearby areas. The facility allows individuals to sell their old and unused gold in a secure and reliable manner, with complete transparency in the valuation process. Customers can observe the entire assessment, ensuring fair and accurate pricing.
For transactions, instant cash payments are provided for gold valued up to ₹10,000, while higher-value transactions are processed via secure banking channels such as IMPS, NEFT, or RTGS, ensuring a seamless experience.
Speaking on the expansion, Thomas Muthoot, Executive Director of Muthoot Pappachan Group and Managing Director of Muthoot Exim, highlighted the cultural and financial significance of gold in Saharanpur. He stated that the new centre strengthens the company’s presence in Uttar Pradesh while offering a structured gold recycling platform.
Keyur Shah, CEO of Muthoot Exim, added that Saharanpur’s dynamic trading environment and diverse customer base make it an ideal location. He emphasized the company’s commitment to enabling customers to unlock the value of their unused gold through a transparent and organized ecosystem.
Muthoot Exim has been a pioneer in India’s gold recycling sector, being the first organized player to introduce Gold Point Centres in the country. Since launching its first centre in Coimbatore in 2014, the company has expanded across major cities including Mumbai, Bengaluru, Chennai, Delhi NCR, Kolkata, Hyderabad, and several others.
The newly Branch opens at Ghanta Ghar Chowk, Dehradun Road, Near Bank of Baroda, Ram Nagar, Saharanpur
About Gold Point Centres:
Gold Point Centres enable customers to sell old and used gold directly, which is then refined and reintroduced into the domestic market. The process ensures transparency, accurate valuation, and secure transactions, promoting responsible gold recycling.
About Muthoot Exim Pvt. Ltd.:
Muthoot Exim Pvt. Ltd. is the precious metals division of the Muthoot Pappachan Group. Since its inception in 2014, the company has led innovation in gold recycling and expanded its presence across India with a focus on quality and affordability.
About Muthoot Pappachan Group:
Established in 1887, Muthoot Pappachan Group is a diversified Indian business conglomerate with interests in financial services, hospitality, automotive, realty, IT, precious metals, and alternate energy. With Muthoot FinCorp Limited as its flagship company and brand ambassador Shah Rukh Khan, the Group operates over 5,200 branches nationwide and is committed to sustainable growth through its ESG and CSR initiatives.
