Muthoot Finance Limited, India’s largest gold loan non-bank lender, on Monday announced a landmark Rs 1 crore initiative to upgrade sanitation facilities in government schools across north, east and west India, as part of its Muthoot Finance CSR programme marking the 77th birth anniversary of its former chairman, the late M. G. George Muthoot.

The company also launched eleven community welfare projects covering education, healthcare, senior citizen care, road safety and disability support.

Alexander George Muthoot, Managing Director of The Muthoot Group, announced the Muthoot Finance CSR initiatives at an event held at the group’s Corporate Office North.

The sanitation programme aims to close infrastructure gaps in government schools, particularly in rural and underserved areas. Depending on each school’s needs, the company will build or renovate between one and four functional toilet units per school, with emphasis on hygiene and menstrual hygiene management to improve attendance and dignity among girl students.

Under the Swachh Bharat Abhiyan, Muthoot Finance has completed and inaugurated a new toilet block at Government Senior Secondary School in Barauli, Panipat district, Haryana, benefiting nearly 800 students.

The company’s education-focused measures include:

• Muthoot M. George Excellence Awards for 100 meritorious Class 8 and 9 students in North Delhi
• Bicycles for girl students in Firozabad to help them commute to school
• Classroom infrastructure for schools in Vadodara
• A digital computer laboratory in Rajkot
• Career guidance materials for 5,000 students in Ahmedabad schools

Over the past decade, Muthoot Finance has awarded scholarships worth Rs 3.75 crore to more than 13,411 students.

In healthcare and community welfare, the group donated motorised wheelchairs and household appliances, including refrigerators and washing machines, to senior citizen homes and care institutions in Faridabad, Gorakhpur and Bhopal. It also set up a clean drinking water facility benefiting over 700 students at a government school in Misrod, Bhopal, and distributed safety helmets to frontline civic workers in Jaipur.

“These initiatives are a humble tribute to our former Chairman, Late Shri M. G. George Muthoot, who firmly believed that education and community welfare are key catalysts for sustainable social transformation,” Alexander George Muthoot said.

“Through investments in essential school sanitation infrastructure, educational opportunities and targeted grassroots welfare initiatives, we aim to address critical barriers faced by young students, particularly girls, while bringing greater comfort and support to the elderly and marginalised sections of society,” he added.

Ranjeet Singh, Senior CGM, Business Performance Department; Rakesh Mehra, General Manager, CSR & Corporate Affairs; and Rohit Raj, Head of Corporate Communications & CSR, were among the senior officials present at the event.