Flipkart has joined hands with Axis Bank to facilitate personal loans for its customers.
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Can get a loan of up to Rs 5 lakh
Flipkart customers can take a loan of up to Rs 5 lakh. They will get a repayment tenure ranging from six to 36 months.
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Loan approval in 30 seconds
Flipkart customers can expect the approval process for their loans to be completed in 30 seconds, the e-commerce website claimed.
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How to initiate the loan application on Flipkart
To initiate the loan application, Flipkart customers must provide details of PAN (Permanent Account Number), date of birth, and work profile. Once these details are provided, Axis Bank will approve their loan limit.
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Keep this in mind
Customers can then select their preferred loan amount and repayment method, considering their comfortable monthly repayment capability, the company said. Flipkart will present a comprehensive loan summary, repayment details, and terms and conditions for review before finalising the loan application, it said.
