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The platform, which has 450 million customers, will be distributing loans of up to Rs 5 lakh which can be repaid in up to three years
Flipkart said that the personal loan facility will empower customers with increased purchasing power and improve accessibility and affordability.
Walmart-owned Flipkart on Friday announced that it will be distributing Axis Bank's personal loans on the e-commerce platform. The platform, which has 450 million customers, will be distributing loans of up to Rs 5 lakh which can be repaid in up to three years, it said in a statement. The
Bengaluru: E-commerce marketplace Flipkart has entered into a strategic partnership with private sector lender Axis Bank to facilitate personal loans for its valued customers, adding additional convenience and enhanced benefits to its 450 million customers.
Axis Bank introduces 'One-View', a new feature on its mobile application that allows customers to access multiple bank accounts on one platform