Muthoot Finance Limited has recently announced its collaboration with fintech NIRA as part of its strategy to strengthen its digital footprint. Through this partnership, salaried customers can avail a personal loan of up to Rs. 1 lakh from Muthoot by downloading the NIRA app from Google’s Play store.
Pradeep, Head – Personal Loan, Muthoot Finance, remarked, “We are excited to have this tie-up to enhance our personal loan growth with quality. Muthoot Finance is also aggressively moving towards an end-to-end digital process, and this tie-up is one of the initiatives in the same direction.”
Rohit Sen, CEO and Co-founder at NIRA, stated, “Muthoot is a trusted brand Pan-India, and trust is a vital ingredient in the provision of financial services. This partnership bolsters our ability to continue our mission of providing accessible formal credit at affordable rates and in a timely manner to India’s mass market.”