Muthoot Finance Unveils ‘Double Milligram Gold Rewards’ for Women Customers

Women to Receive 2mg Gold Per Milligram Point on Eligible Transactions from March 8, 2025

Varahimedia.com online news, March 10, 2025: Muthoot Finance, India’s leading gold loan NBFC, has launched the ‘Double Milligram Loyalty Scheme’ in celebration of International Women’s Day 2025. This initiative enhances the existing Gold Milligram Reward program by offering women customers double the reward points on all eligible transactions, starting March 8, 2025.

The Gold Milligram Reward program, first introduced in August 2022, has already benefited over 5,000 customers. With 8.6 million customers enrolled in the program, including 3 million women, this new scheme aims to further support financial inclusion and empower women through asset-backed borrowing. muthootfinance.com

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Scheme Benefits:

Under the Milligram Loyalty Scheme, one Gold Milligram reward point equals 1mg of 24-carat gold.
With the Double Milligram Loyalty Scheme, women customers will receive 2mg of gold for every milligram point earned on eligible transactions.
The scheme applies to transactions of ₹50,000 and above, as well as interest payments of at least ₹2,000.
Customers referring others to Muthoot Finance will earn 40mg of gold per successful referral.
Upon accumulating 500 milligram points, customers can redeem 0.5g of 24-carat gold.

Muthoot Finance’s Vision for Women Empowerment

Commenting on the launch, Mr. George Alexander Muthoot, MD of Muthoot Finance, stated, “At Muthoot Finance, we remain committed to empowering women by enhancing their access to financial resources. This initiative is a step towards creating an inclusive financial ecosystem that supports women in their entrepreneurial and professional aspirations. The Double Milligram Loyalty Scheme is our way of acknowledging the significant role women play in shaping the economy and contributing to overall economic progress.”

For more details, customers can visit the Muthoot Finance website. muthootfinance.com