Muthoot Mahila Mitra

Muthoot Mahila Mitra aims to provide users with the latest financial solutions, enabling them to obtain loans in just a few simple steps. This allows users to alleviate their financial difficulties, choose suitable installment plans based on their needs, and obtain the desired amount at the most favorable interest rates, meeting their personalized requirements. The software also provides users with a variety of useful tools, allowing them to manage their bank cards, view their bills, and more. Furthermore, it offers a user-friendly experience free from ads and pop-ups. Interested users can download this software from this website.

Features:

Easy login: It offers a simple and hassle-free login process. Users can easily access their accounts and navigate through the app with just a few taps.

Overview of account details & transactions: With it, users can easily view their account details and transaction history. This feature provides complete transparency and enables users to keep track of their financial activities.

Digital payment of installments: The app allows users to conveniently make digital payments for their microfinance loan installments. Users can choose from various payment options including internet banking, debit cards, and UPI, providing flexibility and ease of use.

Initiate eNACH request: It enables users to initiate an electronic National Automated Clearing House (eNACH) request. This feature simplifies the process of setting up automatic repayments, making loan management more convenient.

Avail new products: Users can explore and avail new financial products offered by Muthoot Microfin Limited through the App. This feature allows users to expand their financial opportunities and access additional services.

Post your grievance: Mahila Mitra empowers users to voice their concerns or grievances directly through the app. This feature ensures timely redressal of customer issues and enhances customer satisfaction.

Useful Tips:

Explore Your Account Details: Take advantage of the app's easy login feature to access an overview of your account details and transactions. This will help you stay informed about your financial status and make better financial decisions.

Utilize Digital Payment Options: Make use of the app's digital payment feature to conveniently pay your loan installments through internet banking, debit card, or UPI. This saves you time and effort, eliminating the need for manual payments.

Stay Updated with New Offers: Regularly check the app for announcements of new offers and products. Muthoot Microfin Limited may introduce attractive deals or additional financial products that could benefit you and your business.

Pass Leads: If you come across potential customers who could benefit from Muthoot Microfin Limited's micro loans, use the app to pass leads. This not only helps others access financial assistance but also allows you to earn incentives for successful referrals.

Update:

Muthoot Microfin has achieved a significant milestone in responsible finance, securing an impressive ESG score of 72.2 and the highest CareEdge-ESG 1 rating from CARE ESG Ratings. This positions them as an ESG leader in India’s financial services, outperforming industry medians across environmental, social, and governance pillars.

The rating highlights Muthoot Microfin’s dedication to sustainability, evident in its 78.9 governance score driven by a diverse board and robust policies. Its social score of 72.1 reflects a 100% women borrower base, industry-leading grievance redressal, and equal pay. Environmentally, with a score of 54.6, the company is committed to Net Zero emissions by 2040, utilizes rooftop solar, and has disbursed `27.5 crore in green loans. Their strong data governance, with no breaches in FY24, further underscores their responsible operations. This recognition affirms Muthoot Microfin’s commitment to ethical governance, community focus, and sustainable growth.

Muthoot Microfin’s exceptional performance across the ESG pillars is evident in the following highlights:

Governance Excellence (Score: 78.9 vs. Industry Median: 64.5): This strong score is underpinned by a diverse and independent board, robust investor relations, ISO 27000-certified data protection, and comprehensive board-approved policies addressing ethics, anti-bribery, and whistleblowing.

Social Impact Leadership (Score: 72.1 vs. Industry Median: 56.5): Muthoot Microfin stands out with its 100% women borrower base, an industry-best grievance redressal mechanism boasting a 95% resolution rate, a commendable 1:1 male-female pay ratio, and its consistent recognition as a Great Place to Work for six consecutive years.

Environmental Stewardship ( Score: 54.6 – Top Quartile): The company is actively contributing to a greener future through initiatives like rooftop solar installations at 50 branches, the disbursement of `27.5 crore in green loans, and an ambitious Net Zero emissions target by 2040 – significantly ahead of industry norms. Furthermore, Muthoot Microfin has implemented an ESG Risk Register and a comprehensive Climate Risk Framework.

Beyond these pillars, Muthoot Microfin demonstrates exemplary data governance with zero breaches reported in FY24, full compliance with the Digital Personal Data Protection Act, and stringent access protocols. The company’s commitment to inclusive growth is further exemplified by its “Pink Hiring” initiative and “HER Initiative,” both designed to advance gender equity within the organization. Additionally, support for EV acquisition and subsidized accommodation contributes to a resilient and engaged workforce.

The CareEdge-ESG 1 rating, based on a rigorous assessment of over 1,500 data points, highlights Muthoot Microfin’s clear strategic direction in sustainability, responsible lending, and ethical governance. This recognition positions the company as a trusted and reliable partner for ESG-conscious investors and stakeholders, further solidifying its role as a leader in redefining responsible finance in India.

Conclusion:

Mahila Mitra is the mobile app of Muthoot Microfin Ltd, one of the leading and fastest-growing microfinance institutions in India. This app makes it extremely convenient for customers to access their accounts, manage their finances, and get in touch with the company. It allows customers to login with their bank account details or Aadhaar number and also has a very user-friendly and intuitive interface. It provides an online platform to earn interest on their deposits and also facilitates a number of other services for the customers.