Marriage is one of many milestones in most parts of the world. In India however, it’s easily the most pivotal (and most lavish) life event, one that renders many families bankrupt. In this scenario, consider the plight of a widow hoping to throw a respectable wedding for her daughter! Muthoot Vivahasammanam is a CSR initiative by Muthoot Finance Ltd. that is directed towards solving this conundrum.
Under the project, the company will provide financial assistance of Rs. 1 lakh each to 20 girls from Chennai and its suburbs, getting married between August-December 2020. Daughters of financially deprived widows, getting are eligible for the grant. Also, the household monthly income should be less than Rs. 10,000. George M. Jacob, Executive Director, Muthoot Finance Ltd. said, “Marriage expenses in India is a major challenge for economically weak households. Supporting such families financially, through Muthoot M. George Foundation, is our way of giving back to society.”
These grants can be availed by the mothers of eligible girls, by filing an application with a letter from the Local Councilor/Panchayat member/MLA certifying the case. Marriage invitation or letter indicating the date of marriage with any other document proving the genuineness of the application should also be attached. Muthoot Vivahasammanam was started in Kerala and now is being extended to Karnataka, Telangana and Tamil Nadu.
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