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Muthoot Microfin Wins Two Gold Awards at the SKOCH Awards 2025.

Awards | Dated: 13 Mar 2025

In March 2025, Kochi (Kerala)-based Muthoot Microfin Limited, a leading Microfinance Institution (MFI) in India, won two Gold Awards at the SKOCH Awards 2025 held in New Delhi (Delhi). The company was honored for its exceptional contributions to digital financial inclusion and insurance solutions.

🎯 Key Highlights:

  • - The awards were presented to Sadaf Sayeed, Chief Executive Officer (CEO) of Muthoot Microfin, by Sameer Kochhar, Chairman of the SKOCH Group, and Gursharan Dhanjal, Vice-Chairman of the SKOCH Group.

💡 Other Important Facts:

  • (i) Muthoot Microfin received the "Best Customer Application on Digital Financial Inclusion" for its Muthoot Mahila Mitra App, which has reached 1.73 million downloads with a 4.2-star rating, offering secure digital financial services for women in rural India.
  • (ii) The company was recognized for its Griha Raksha Insurance Scheme, which has provided insurance coverage to 2.66 million beneficiaries, offering financial security and social empowerment.
  • (iii) The SKOCH Award, established in 2003, is one of India’s highest civilian honors recognizing outstanding contributions to the nation’s development.

📚 Test Your Knowledge:

Recently, Muthoot Microfin won two Gold Awards at which prestigious event in 2025?

Correct Answer: SKOCH Awards

🚀 Quick Recap: