Indias first company that provides lifetime credit of up to Rs.5 lakh Instantly to its customers is;

2019

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

India’s first company that provides lifetime credit of up to Rs.5 lakh Instantly to its customers is;

A	Bajaj Finserv
B	Indiabulls
C	KreditBee
D	MoneyTap

Explanation:

Detailed explanation-1: -MoneyTap is India’s first company that provides lifetime credit of up to Rs. 5 lakh instantly to its customers. Getting loans from MoneyTap is super easy.

Detailed explanation-2: -In five years, MoneyTap, the parent company, which now is a Reserve Bank of India-registered NBFC, has attracted over 11 million users to its ecosystem and disbursed upwards of Rs 4,000 crore in credit, along with issuing 175,000 credit cards (in partnership with RBL Bank).

Detailed explanation-3: -Bala Parthasarthy is the co-founder and CEO of MoneyTap, an app-based lending company in India.

Detailed explanation-4: -MoneyTap recently got the NBFC license from RBI! With the new NBFC license, MoneyTap plans to scale up its business and strengthen its existing Bank/NBFC partnerships with a strong focus on innovation, inclusive growth, and hybrid lending strategies.

Detailed explanation-5: -MoneyTap operates under the strict norms and guidelines set by the RBI. Any offering and feature of MoneyTap complies with RBI rules.

There is 1 question to complete.