Leading and fast-growing Microfinance company in India. Muthoot Microfin Limited, the microfinance arm of Muthoot Pappachan Group is one of the leading and fast-growing microfinance institutions (NBFC-MFI) in India. The company is focused on providing micro-loans to women entrepreneurs with a focus on rural regions of India.
The company’s microfinance operations are designed to promote entrepreneurship among women and inclusive growth. The institution provides financial assistance through micro loans such as income generating loans to women engaged in small businesses.
Muthoot Microfin has adopted joint liability group model of microfinance, which caters exclusively to women in lower income households and is premised on the fact that if such individuals are given access to credit, they will be able to identify new opportunities and supplement and grow their existing income.
The company has built its distribution platform with an emphasis on under-served rural markets with growth potential, ensuring ease of access to village level borrowers and rural households. The organisation’s branch and centre network in rural markets result in significant competitive advantages, particularly by having the capability to offer a variety of financial products in areas where financial services penetration is limited.
Muthoot Microfin is a customer focused company passionate about empowering people from the bottom of the pyramid to realize their dreams. MML financial products are aimed at catering to the life cycle needs of rural households and has established standards and systems that work smoothly and transparently for clients and the company as well.
IFSC CODE : KKBK0000203
MICR No.: 110485046
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