“Muthoot Finance to launch an initiative to provide financial assistance to widows for the marriage of their daughters and invites applications for the same in Kolkata ”
Kolkata, 14th December 2023: Muthoot Finance Ltd , is inviting applications for Muthoot Vivahasanmanam project in Kolkata. The 2023 pageant is a unique CSR initiative aimed at providing financial support to widowed mothers for the marriage of their daughters. The pageant will be conducted Kolkata during the month of December 2023.
Under this project, each beneficiary will receive a generous financial assistance of Rs. 50,000. A maximum of 10 beneficiaries will be selected from each of the 8 locations, totaling 80 beneficiaries across cities such as Bangalore, Hyderabad, Madurai, Mangalore, Mumbai, Kolkata, and Delhi. To qualify, the total monthly income of the beneficiaries should be less than Rs. 10,000. Muthoot Finance is dedicating a total grant of 40 Lacs for the Muthoot Vivahasammanam Project 2023, reinforcing its historical commitment, having already contributed 15 Crores towards the marriage assistance for daughters of widowed mothers. The marriages, supported by this initiative, are slated to take place between January 1, 2024, and March 31, 2024, marking a significant step in Muthoot Finance's ongoing mission to empower and uplift communities.
Speaking about the grants, Mr. Babu John Malayil, CSR Head, Muthoot Finance said, “Recognizing the financial strain weddings place on families, we understand the challenges it poses for economically challenged households. By providing a generous financial assistance to widowed mothers, we aim to alleviate the financial strain, ensuring that the dreams and aspirations of young brides are not hindered by economic constraints. Through this initiative, Muthoot Finance is dedicated to contributing to their journey towards a brighter future, facilitating the celebration of marriages without the weight of financial challenges on their shoulders”
To access these grants, mothers of eligible girls need to submit an application along with all the required documents.
1. A request letter on white paper addressing Managing Director, Muthoot Finance.
2. A letter of recommendation from the Local Councillor/Panchayat member/MLA etc.
3. The marriage invitation or letter indicating the date of marriage or any other document that reinforces the validity of the application
4. A copy of Ration card and Aadhar card
5. The Income certificate
6. Death certificate or any document proving that the mother of the daughter is a widow or a single mother
Application attached with all the above documents should be submitted to the below address on or before 5:30pm on 25th December 2023. The application envelope should be marked clearly with the words ‘Application for Marriage Gift’.
Address for submitting the application
Mr. Sonu Gaund
Manager CSR
Muthoot Finance Ltd
Swami Vivekananda Road
Navy Colony, Mamledar, Wadi
Above Saraswat Bank, Malad West
Mumbai-400064
9773507004
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