Get Loan in 30 seconds, Flipkart and Axis Bank Partner to Offer Personal Loans to Customers

Flipkart, India’s homegrown e-commerce marketplace, has partnered with Axis Bank, one of the largest private sector banks, to offer personal loans to its customers. The new loan service offers competitive loan options with amounts up to ₹5 lakhs and flexible repayment cycles of 6 to 36 months.

Customers can expect the approval process for their loans to be completed in a mere 30 seconds. To initiate their loan application, they must provide basic details such as PAN (Permanent Account Number), date of birth, and work details. Once these details are provided, Axis Bank will approve their loan limit. Customers can then select their preferred loan amount and repayment method, considering their comfortable monthly repayment capability. Flipkart will present a comprehensive loan summary, repayment details, and terms and conditions for review before finalising the loan application.

The partnership between Flipkart and Axis Bank is a significant development in the Indian e-commerce and lending sectors. The new loan service offers a number of benefits to customers and is expected to help Flipkart attract and retain more customers.

Keywords: Flipkart, Axis Bank, personal loans, India, e-commerce, lending, financial services

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