ANI PR Wire
26 Jan 2023, 10:45 GMT+10
Bengaluru (Karnataka) [India], January 26 (ANI/BusinessWire India): Finnable, one of the fastest-growing lending platforms in the fintech space, had partnered with DMI Finance to provide India's salaried professionals with convenient access to credit. Their strategic alliance has successfully clocked a disbursement milestone of Rs 500 crores which has fulfilled countless dreams and has grown from strength to strength.
Finnable's model of providing low-income and salaried consumers with access to simple and safe online loans at an affordable rate has been a game-changer in the fintech industry. On Finnable's platform, customers get access to unsecured and collateral-free personal loans, marriage loans, travel loans, medical loans, and education loans, amongst others. The loan amount can range up to Rs.10 lakhs with a flexible repayment term of up to 60 months. The personal loans come with competitive rates, tailored repayment plans, and a fully digital process to give customers an efficient and hassle-free experience.
DMI Finance is a pan-India credit platform with lending interests in corporate loans, housing finance, digital consumer loans, MSME finance, and asset management. By leveraging technology-driven data analysis and risk management processes, DMI Finance is able to offer an efficient, convenient, and secure experience to its customers. It is supported by leading Indian banks and creditors, as well as strategic family offices and institutional investors from around the world. DMI Finance also has sourcing channels on Google Pay, Airtel, Reliance Retail, and Samsung Finance. With over ten million customers, DMI is motivated by the desire to lead the long terms loan market in new India.
Together, DMI Finance and Finnable are meeting the unmet credit needs of India's salaried class. Since the inception of the partnership in 2018, Finnable and DMI Finance have fulfilled countless dreams and grown from strength to strength. As an organization, they are leading the way for the economic empowerment of India's marginalized sections.
This story is provided by BusinessWire India. ANI will not be responsible in any way for the content of this article. (ANI/BusinessWire India)
Get a daily dose of Herald Globe news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Herald Globe.
More InformationVENICE, Italy: Over the weekend, hundreds of protesters marched through the narrow streets of Venice to voice their opposition to billionaire...
PARIS, France: France is taking stronger steps to reduce smoking. A new health rule announced on Saturday will soon ban smoking in...
WASHINGTON, DC - U.S. President Donald Trump on Tuesday claimed Elon Musk's success has been built on government subsidies. Without...
EVERGLADES, Florida: Over the weekend, a diverse coalition of environmental activists, Native American leaders, and residents gathered...
BEIJING, China: China's national soccer team may struggle to stir excitement, but its humanoid robots are drawing cheers — and not...
]LONDON, U.K.: A World Health Organization (WHO) expert group investigating the origins of the COVID-19 pandemic released its final...
Jaipur (Rajasthan) [India], July 2 (ANI): The much-anticipated LEGEN-Z T10 League will be played from August 7 to August 13 at the...
New Delhi [India], July 2 (ANI): The Board of Control for Cricket in India (BCCI) Ombudsman Justice (Retd) Arun Mishra has directed...
Mumbai (Maharashtra) [India], July 2 (ANI): Actor-comedian Kapil Sharma is back with another episode of 'The Great Indian Kapil Show,'...
Birmingham [UK], July 2 (ANI): Former head coach and cricketer Ravi Shastri didn't mince his words while expressing his discontent...
Birmingham [UK], July 2 (ANI): Indian and England players were wearing a black armband before the start of play on Day 1 of the second...
New Delhi [India], July 2 (ANI): Olympians Anjum Moudgil (also world championship silver medalist) and Saurabh Chaudhary and world...