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(As on Mar 10, 2025, 12:19)

Muthoot Microfin wins double Gold at SKOCH Awards 2025

Muthoot Microfin, a leading microfinance institution dedicated to empowering women entrepreneurs, has secured two prestigious Gold Awards at the SKOCH Awards 2025. The accolades were presented to Mr. Sadaf Sayeed, CEO of Muthoot Microfin, by Mr. Sameer Kochhar, Chairman of SKOCH Group, and Mr. Gursharan Dhanjal, Vice-Chairman of SKOCH Group, at a distinguished ceremony in New Delhi.

The company was honored for its outstanding contributions in digital financial inclusion and insurance solutions, winning:

Corporate Excellence – "Best Customer Application on Digital Financial Inclusion" for its innovative Mahila Mitra initiative, which has seen 1.73 million downloads and boasts a 4.2-star rating. The platform has revolutionized digital transactions for women in rural India, making financial services more accessible and secure.

BFSI Award – "Best Insurance Scheme" for its Griha Raksha Insurance Scheme, which has provided coverage to 2.66 million beneficiaries, reinforcing Muthoot Microfin’s commitment to financial security and social empowerment.

Expressing his pride in this achievement, Mr. Sadaf Sayeed, CEO of Muthoot Microfin, stated: "These awards reflect our unwavering commitment to bridging the financial inclusion gap for women in rural India. Mahila Mitra and Griha Raksha have empowered millions with accessible digital financial solutions and insurance coverage. We remain dedicated to driving impactful initiatives that foster financial independence and transform lives."

With a strong focus on women-led financial empowerment, Muthoot Microfin is not only providing financial services but also contributing to nation-building. By supporting 34.2 lakh women-led households, the company has positively impacted the lives of 1.4 crore Indians, driving meaningful change at the grassroots level.

This recognition at the SKOCH Awards 2025 highlights Muthoot Microfin’s commitment to innovation, customer-centricity, and social impact, further cementing its position as a leader in the microfinance sector.

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