Muthoot Microfin has entered Assam with the launch of its first branch in Mirza, located near Guwahati. This is the company’s entry into the Northeast region. With this addition, it now operates across 21 states and union territories in India.
The new branch is set up to cater to both urban areas in greater Guwahati and nearby rural communities. The company intends to expand credit access and increase its presence in underserved parts of the state.
Assam has been added to the company’s existing network, which currently includes 1,699 branches across 388 districts in 20 States. Muthoot Microfin had a Gross Loan Portfolio of ₹12,356.7 crore as of March 31, 2025, and served 3.43 million active customers.
Muthoot Microfin is a non-banking financial company focused on microfinance. It provides small loans to women engaged in micro and small businesses. The Assam branch is to follow the same model used in other rural regions.
Along with lending, the company also conducts financial literacy programs and business training. These services are aimed at helping customers make better use of credit and build financial stability in their communities.
Muthoot Microfin is part of the Muthoot Pappachan Group, which has over 138 years of operational history. The group operates in financial services, hospitality, and real estate, among other sectors.
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As of July 30, 2025, at 10:04 AM, Muthoot Microfin share price is trading at ₹164.48, a 0.06% decrease.
The opening of the Mirza branch is the company’s first presence in the Northeast. With this, Muthoot Microfin continues to expand its geographic coverage and offer its microfinance model in new regions. No further details about future branches in the Northeast have been shared.
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Published on: Jul 30, 2025, 10:11 AM IST
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