Muthoot Fincorp Muthoot Mahila Mitra | Address | E-Mail Id

Muthoot Mahila Mitra, the Muthoot Pappachan Group’s innovative microfinance initiative met with success across the nation

NO.OF BRANCH - 80  

OUTREACH

  • 3 STATES
  • 22 DISTRICTS
  • 1800 VILLAGES

The Micro Finance division offers loans to economically active women for any declared legal end use, like business expansion, working capital needs, purchasing raw material, purchasing animals, marriage, education, debt consolidation etc. Underwriting norms are based on the profile of the member, cash flows, income stability, repayment capacity, business models and group guarantee. Emphasis has been laid on understanding the borrowers weekly and monthly income, family income, household income and other expenses and thereon instalment affordability.

Muthoot Mahila Mitra offers the following products to its members

Income Generating Loan to its members

Loan Amount  Rs. 8,000 – 15,000
Tenure 52 Weeks
Interest 26% p.a
Processing Fee 1% Loan Amount
Insurance  Rs. 4 Per thousand. No other administrative charges

The training program covers:

  • Self Management for Women
  • Communication and Promotion
  • From Idea To Business
  • Leadership
  • Feasibility Of My Business
  • The Entrepreneur and The Management
  • Savings and Investment
  • Cash Management
  • Debt Management

Helpline No: 0484 – 4161678

Address: Officer in Charge (Complaints) Micro Finance Division, 5th Floor, Muthoot Towers, MG Road, Ernakulum  – 682035

E-mail @ mmmcomplaints@muthoot.com

 

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