Grow With Us

The name of the Company has been changed to “Belstar Microfinance Private Limited” wef October 03,2019.


Belstar Microfinance Private 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.



29th April 2019

Pragati Launch was a gala affair, held in Chennai on April 29, 2019, and was presided over by the IPL stars from Chennai Super Kings, Harbhajan Singh, Murali Vijay, Shardul Thakur and Imran Tahir.

Nov 2018

Belstar partners with Finsigma Inclusive Services Ltd, Shikhar Micro Finance, Saggraha Management Services and Ambition Services as Service Providers, for expanding into new territories of South, 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