Ujjivan SFB has teamed up with
NIRA in India to offer personal loans.
As reported by the Economic Times,
Ujjivan SFB noted that the partnership with NIRA is a key part of their business approach of using API Banking solutions as part of strategic Fintech collaborations. This partnership should help the bank with onboarding clients for personal loans.
Ujjivan Small Finance Bank confirmed earlier this week that it will work with Fintech NIRA so that salaried clients may apply for a personal loan via the NIRA app which is accesssible through the Play Store.
NIRA is a Bangalore headquartered Fintech company that focuses on financing India’s salaried workers, who may be earning anywhere around Rs. 15,000 (appr. $200) per month. This partnership should assist Ujjivan SFB with onboarding more customers for personal loans.
Ujjivan Small Finance Bank partners with NIRA to provide Personal Loans
Posted On: 2021-04-14 01:01:17 (Time Zone: Arizona, USA)
Ujjivan Small Finance Bank today announced its collaboration with fintech NIRA as part of its strategy of leveraging its API Banking platform for fintech partnerships. This is Ujjivan Small Finance Bank s first Digital Lending partnership with many more on the way. Through this partnership, salaried customers can apply for a Personal Loan by using the NIRA app which is available in the play store.
NIRA is a Bangalore based fintech that helps to fund the salaried class, starting at incomes as low as Rs. 15,000 per month. This partnership will help Ujjivan SFB to on-board customers for Personal Loans.