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.
Available Products of Muthoot Finance
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
