HT Bureau
GUWAHATI, June 3: Adding to its digital banking product portfolio, Airtel Payments Bank (APB) has started offering easy access to credit to its customers. The bank customers can now apply for a gold loan from Muthoot Finance on the Airtel Thanks app. With this partnership, Airtel Payments Bank customers can get hassle-free gold loans with Zero processing fees from Muthoot Finance.
Through the Airtel Thanks app, customers can apply for small loan amounts starting from Rs 3,000 and for a small duration starting from a minimum of seven days. The flexible payment option allows the customer to make part payments or complete payments before the maturity date with no additional charges. Customers can also apply for a gold loan by visiting the neighborhood banking points for Airtel Payments Bank.
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Ganesh Ananthanarayanan, chief operating officer, Airtel Payments Bank said, “Gold Loans are secured loans that can be availed to cater to a variety of needs, from personal to professional. We are delighted to partner with Muthoot Finance to offer easy access to Gold Loans through Airtel Thanks App. The flexible pay-back facility offered by Muthoot Finance makes it a great solution for customers who are looking for either short or long-term loans. We are positive that our customers will benefit from the same.”
Speaking about the partnership, Alexander George Muthoot, joint managing director of Muthoot Finance added, “We are excited to join hands with Airtel Payments Bank to bring an effective and inclusive lending solution for customers. The partnership will give access to secured and affordable credit to customers looking for quick liquidity against their gold assets. We are happy to serve an extensive range of customers across various geographies and ticket sizes.”
