Muthoot Microfin has opened its first branch in Mirza, Guwahati, Assam, taking the total count to 21 states and union territories. Strategically located, the branch is well-positioned to serve the greater Guwahati metropolitan area along with surrounding rural communities, thereby enhancing access to rural credit and contributing to the strengthening of the local financial ecosystem. This expansion represents a pivotal step in the company's mission to reach new untapped markets and deliver vital financial services to underserved communities across India's Northeast region.

Assam’s inclusion marks the company’s entry into one of India’s promising yet underserved microfinance markets. The Northeast region, known for its vibrant micro-enterprise ecosystem and strong tradition of women-led businesses, presents significant opportunities for sustainable growth. The company’s proven success in rural markets positions it well to cater to the unique socio-economic dynamics of the region.

Muthoot Microfin is primarily engaged in providing financial assistance through micro loans to women engaged in small income generating activities.