Users Can Apply for Personal Loans Directly Through the Ola App
FinTech BizNews Service
Mumbai, 16th August 2024 - InCred Finance (InCred Financial Services Limited), one of India's leading diversified lending-focused NBFCs and Ola Money(Ola Financial Services), have announced a strategic partnership to provide seamless personal loan services to Ola users directly through the Ola app. This collaboration marks a significant milestone in both companies' efforts to enhance financial accessibility for millions of users across the country.
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.
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.
