Mini Muthoottu

Established in 1921 in Kozhencherry, Pathanamthitta, Kerala by Sri. M Mathew, Muthoottu Mini , was initially a small firm engaged in financing and in Chit Fund business. Subsequently, the promoters applied their sound banking experience, and took Muthoottu Mini into the corporate arena. This arm of the Group has since built an impressive level of business and made for itself a reputation for reliability in private banking circles throughout Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Goa, Delhi, Haryana and Maharashtra.


Sri M Mathew ( Founder )

Our founder, Mr. M. Mathew Muthoottu was born in a renowned family called Muthoottu on 09th October 1921 at Kozhencherry. Mr.M.Mathew Muthoottu was the third son of Mr.Muthoottu Kunjumathai & Mrs. Saramma. They were four brothers. After their education, Mr.Mathew joined his father and learnt the business. That time they had a grocery shop and chit business.

In course of time, the brothers took over the business and started expanding the business. With their youthful vision and combined strength it soon flourished. The brothers established the Chit Fund business, providing loans to farmers and traders and needy households. Soon it became the largest business group of its kind in Kerala. They soon moved into the area of gold loans and NBFCs.. They became specialized in gold loans and advances to small enterprises and individuals.

In 1946, Mr.M.Mathew married Mrs. Sosamma. They have three children, Mr.Roy M Mathew, Mrs.Saramma Mamman and Dr.Sherly Mathan.

MINI MUTHOOTTU, was established by Mr. M Mathew in 1978. Mr. M Mathew was a Visionary with passion for business. Within a few years, MINI MUTHOOTTU carved out a space for itself among the Major financial institutions in the State. From its very humble beginning, with small time financing and chit fund business, the group had enough and more seeds sown for expansion and diversification in the times to come. The present state of the Group is an example for his Vision and Passion.