Airtel Payments Bank on Thursday said it brings cooperated with Muthoot Finance to the table for gold loans through Airtel Thanks application. There will be no-processing fee on the loan and Muthoot Finance will give up to 75 percent of the swore gold worth as an advance, the payments bank said.
“Gold Loans are secured loans that can be profited to take special care of an assortment of requirements, from individual to proficient. We are glad to collaborate with Muthoot Finance to offer simple admittance to Gold Loans through Airtel Thanks App,” Airtel Payments Bank head working official Ganesh Ananthanarayanan said in a proclamation.
The loan facility will likewise be accessible at the 5 lakh banking focuses for Airtel Payments Bank, it added.
“The association will give admittance to got and reasonable loan to clients searching for speedy liquidity against their gold resources. We are glad to serve a broad scope of clients across different geologies and ticket sizes,” Muthoot Finance joint overseeing chief Alexander George Muthoot said.
