Ola users will now have the convenience of applying for personal loans via the Ola app of up to Rs 10 lakh. This initiative is designed to provide financial assistance to Ola’s diverse user base.
Now, you can apply for a personal loan of up to Rs 10 lakh through Ola app. Non-banking finance company InCred Finance has partnered with Ola Money (Ola Financial Services) to offer this loan facility to Ola users.
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This collaboration marks a significant milestone in both companies’ efforts to enhance financial accessibility for millions of users across the country, InCred Finance said in a statement.
InCred Finance and Ola Money “have announced a strategic partnership to provide seamless personal loan services to Ola users directly through the Ola app”, it said.
Key Highlights:
- Ola users can now apply for personal loans of up to Rs. 10 lakh directly through the Ola app
- This initiative is designed to meet the immediate financial needs of Ola’s diverse user base
- The partnership leverages cutting-edge technology to ensure a streamlined, hassle-free loan application process for the user
Through this partnership, Ola users will now have the convenience of applying for personal loans via the Ola app of up to Rs 10 lakh. This initiative is designed to provide financial assistance to Ola’s diverse user base, catering to their immediate personal needs.
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Ola users to access the credit in a streamlined, hassle-free manner
Commenting on the partnership, Prithvi Chandrasekhar, CEO – Consumer Finance, InCred Finance, said, “Our goal is to transform and democratize access to credit, and teaming up with Ola is a major milestone in this mission. By embedding cutting-edge technology, this partnership creates a streamlined, hassle-free loan experience, making it easier for Ola users to access the credit they need.”
The loan process is designed to be efficient, frictionless, and personalized, reflecting the commitment of both companies to providing seamless and superior financial services, InCred Finance said.
