Muthoot Fincorp launches new app to store jewellery virtually

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Gold loan company Muthoot Fincorp has said it has developed a first of its kind android-based mobile application that will enable customers to store all their gold jewellery at one place virtually and assess its current value. Muthoot Fincorp, the flagship and also a diversified financial services company of The Muthoot Pappachan Group, has named the mobile application 'My Jewel Box'.

The application is a a tech-savvy option to store gold jewellery on a virtual platform and enable customers to assess its value just within a few seconds, he said. The initial response has been encouraging and the company would be releasing an iOS version soon, he added.