Belstar Microfinance Limited (Belstar) is a Non-Banking Finance Company (NBFC) and a subsidiary of Muthoot Finance Limited. Our leadership core is made up of accomplished Board members and an experienced team. Guided by expert hands, we have successfully transitioned into a profitable and high-potential Microfinance Institution (MFI) with low credit risk.

Our business model is unique because it strives for a double bottom line, targeting both financial performance as well as social transformation. Alongside Hand in Hand India, Belstar aims to alleviate poverty and enhance community development.

Brand growth was accelerated after strategic equity investment by Muthoot Finance Limited, which helped us secure an ‘AA - Stable‘ rating and attain public limited company status. This made it easier for us to focus on diversification of funding profiles, scale-up services in operational states and expand to newer geographies.