Indian Gold Loan company, Muthoot Fincorp has launched a new app for android platform which enables consumers to store all of their Gold jewelry at one place, virtually. Dubbed as My Jewel Box, the app is said to provide a user friendly mobile interface, to help in easily evaluation of current value of gold jewelry, by mentioning the total weight of the gold and per gram rate, at which it was purchased. The company claims, the application can immediately calculate the net value of gold as per the current rate and provides quick information on the eligibility for gold loan.
Also, the mobile application is said to allow gold consumers to click pictures of their jewelry and categorize it in segments such as bangles, necklaces, rings and others. The data stored is said to be secure, as the user's Jewellery is stored only on the user's phone.
Mr. Thomas George Muthoot, Director - Muthoot Pappachan Group , said: "My Jewel Box is a part of our constant endeavor to offer innovative products and services using new age technology to our valued customers. The app is a very innovative and a tech-savvy option to store Gold jewellery on a virtual platform, and enable our customers to assess the value of their Gold Jewellery at fingertips, just within a few seconds. The initial response has been encouraging and we would be releasing an iOS version soon."
My Jewel Box can be downloaded for free at Google Play.