MobiKwik partners Piramal Finance to offer personal loans

January 17, 2025

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Fintech firm and digital wallet major MobiKwik has partnered with Piramal Capital & Housing Finance Ltd to provide personal loans to its customers, the company said in a regulatory filing. Through this partnership, MobiKwik users will now be able to apply for and access personal loans seamlessly through the platform.

“Our partnership with Piramal Finance marks a significant step towards addressing the credit needs of millions of Indians. By combining Piramal Finance’s expertise in financial services with MobiKwik’s digital platform, we are confident of creating a seamless experience for our users,” MobiKwik cofounder and MD Bipin Preet Singh MobiKwik said.

Under the partnership, MobiKwik app users pan India will have access to with the loan amount for ZIP EMI ranging from Rs 50,000 to 2 lakh.

ZIP EMI is a personal loan service provided by MobiKwik.

Eligibility criteria for these loans are income exceeding Rs 25,000 and between the ages of 23 and 55 with payment tenure ranging between 6 months to 24 months.

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Before Piramal Finance, MobiKwik had eight partnerships in place to offer personal loans.

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MobiKwik partners Piramal Finance to offer personal loans

January 17, 2025

, By admin

Fintech firm and digital wallet major MobiKwik has partnered with Piramal Capital & Housing Finance Ltd to provide personal loans to its customers, the company said in a regulatory filing. Through this partnership, MobiKwik users will now be able to apply for and access personal loans seamlessly through the platform.

“Our partnership with Piramal Finance marks a significant step towards addressing the credit needs of millions of Indians. By combining Piramal Finance’s expertise in financial services with MobiKwik’s digital platform, we are confident of creating a seamless experience for our users,” MobiKwik cofounder and MD Bipin Preet Singh MobiKwik said.

Under the partnership, MobiKwik app users pan India will have access to with the loan amount for ZIP EMI ranging from Rs 50,000 to 2 lakh.

ZIP EMI is a personal loan service provided by MobiKwik.

Eligibility criteria for these loans are income exceeding Rs 25,000 and between the ages of 23 and 55 with payment tenure ranging between 6 months to 24 months.

Discover the stories of your interest

Before Piramal Finance, MobiKwik had eight partnerships in place to offer personal loans.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Sarla Aviation Secures $10M Series A1 Funding to Revolutionize Air Mobility in India

Next News

Cornerstone Ventures: Cornerstone Ventures marks $40 million first close of $200 million second fund

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