Muthoot Microfin, India’s second-largest NBFC-MFI focused on financial inclusion, has marked a significant milestone with its entry into Assam. With the opening of its first branch in Mirza, Guwahati, the company now operates in 21 states and union territories across India.
This strategic move reinforces Muthoot Microfin’s commitment to serving underserved and rural communities, especially in the Northeast—a region rich in micro-enterprise potential but traditionally overlooked in terms of financial services. The new branch in Mirza is positioned to serve both the greater Guwahati metropolitan area and the surrounding rural belts, helping improve access to credit and building a stronger local financial ecosystem.
Assam’s inclusion highlights the company’s focus on empowering women through microloans designed to promote income generation and self-sustained entrepreneurship. Known for its successful rural outreach, Muthoot Microfin brings its comprehensive financial inclusion model to the region, which includes not just micro-lending but also financial literacy programs, business development initiatives, and community training.
The Northeast, and Assam in particular, is home to a vibrant culture of women-led businesses and local enterprises. With this expansion, Muthoot Microfin is set to unlock the untapped potential of the region, offering scalable financial solutions that foster long-term growth and inclusivity.
This development is aligned with Muthoot Microfin’s mission of inclusive economic progress, with a strong emphasis on supporting grassroots entrepreneurship and women’s financial empowerment across India.
