Under the project, Muthoot Vivaha Sammanam, the company will provide financial assistance of Rs. 1 lakh each to 20 girls from Bangalore and suburbs, getting married between August and December, 2019. Daughters of financially deprived widows, getting married are eligible for the grant. Also, the household monthly income should be less than Rs.10,000.
Speaking about the grants, Mr. George M.Alexander, Exceutive Director of The Muthoot Group said, “Marriage expenses in India is a major challenge for economically weak households, supporting such families with financial assistance through Muthoot M. George Foundation, is our way of giving back to the society.”
These grants can be availed by the mother of the eligible girls by filling an application with a letter from Local Councilor/Panchayat member/MLA recommendation certifying the case. Marriage invitation or letter indicating the date of marriage with any other document proving the genuineness of the application should also be attached.
Muthoot Vivahasammanam is ONE OF THE IMPORTANT CSR ACTIVITY of The Muthoot Group providing financial aid for marriage assistance. The project was started in Kerala. The scheme has already been implemented in Kottayam, Idukki, Pathanamthitta ,Alappuzha, Thrissur, Ernakulam ,Kollam and Trivandrum districts. In FY 2018-19 the company spent a total of Rs.1,13,84,000/- as marriage assistance.
The application envelope should be clearly marked ‘Application for Marriage Gift’. The applications are to be sent at: Zonal Office, Muthoot Finance Ltd., Bangalore North Regional Office, UCF Centre, 84/3, First Floor, III block, HBR layout, Hennur Main Road, Lingarajapuram, St. Thomas Town Post, Bangalore 560 084.