Muthoot Finance joins hands with NIRA to offer personal loans

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.”