Muthoot FinCorp has partnered with IME India Pvt Ltd to expand its money remittance services between Indo-Nepal corridor.
Muthoot has been assisting the Nepali community in India in remitting money through their existing partner (Prabhu Money Transfer Pvt Ltd). Now, Muthoot will be able to serve a larger mass of Nepalese diaspora living in India.
IDFC First Bank, India and Global IME Bank Ltd., Nepal are the banking partners to facilitate Indo-Nepal remittance service.