Grow With Us

The Rating of the Company has upgraded to CRISIL AA-/Stable (Upgraded from 'CRISIL A+/Positive') W.E.F., February 15, 2021


Belstar Microfinance Limited (Belstar) is a Non-Banking Finance Company (NBFC) and a subsidiary of Muthoot Finance Limited. Guided by an expert Board member team and an able leadership, the company has successfully transitioned into a profitable and high-potential Microfinance Institution (MFI) with low credit risk. Belstar’s business model is unique as it pursues a double bottom line focusing on both financial performance as well as social performance with the assistance of the Hand in Hand India in alleviating poverty coupled with community development.



Dec 2019

Belstar partners with GU Financial Services and Vector Finance as Service Providers, for expanding into new territories of North and Eastern parts of the country.

April 2019

Social Rating

Dec 2017

Hand in Hand wins award from Inclusive Finance India for its unique Credit Plus model for empowerment of rural women SHG members