Know How to get Loan on Flipkart and now it's easier for Personal Loans on Flipkart.
Flipkart online platform now grants personal loans in association with Axis Bank. According to the online media information, when a user flipkart personal loan apply online, it will provide loans up to Rs.5 lakh in 30 seconds.
Leading e-commerce firm Flipkart will now offer personal loans. It has partnered with Axis Bank for this.
Both companies have already introduced a co-branded credit card to know flipkart credit card benefits visit Flipkart official website.
They have recently entered the personal loan segment. Axis Bank personal loans can now be used through Flipkart.
The online e-commerce website Flipkart said in a statement that it will provide loans of up to Rs.5 lakh for up to three years. It should be noted that this statement came from Flipkart and Axis Bank, while RBI expresses concern about unsecured loans such as personal loans and credit cards.
Flipkart said this decision will help meet consumer aspirations in accordance with the lifestyle change. Dheeraj Aneja, senior vice president of Flipkart, said that Flipkart already offers Buy Now Pay Later (BNPL), EMI and co-branded credit card services.
Aneja said this will help to easily meet consumers' shopping needs. Sameer Shetty, President, Digit and Transformation, Axis Bank said that, thanks to this deal, their loan distribution will be wider.
In a joint statement, the two companies said that the personal loan on Flipkart will be approved in just 30 seconds. For this, the client needs to provide their PAN, date of birth and employment details.
Subsequently, Axis Bank will disclose how much loan will be sanctioned to the person in question. You can choose as much loan and tenure as you like, subject to the maximum limit. Appointments from 6 months to 36 months are available. Flipkart provides complete loan details and repayment schedule. Flipkart has 45 million customers.
