Digital Footprint to help MSME get up to Rs 5 L loans from Muthoot FinCorp ONE

Posted under: SMB
Date: 2024-12-03
Digital Footprint to help MSME get up to Rs 5 L loans | Justo

In a ground-breaking move, Muthoot FinCorp ONE has made it possible for small enterprises, including street sellers, to obtain loans of up to Rs 5 lakh based only on the daily transactions they conduct using QR codes. According to a statement from the NBFC, Micro, Small, and Medium-Sized Enterprises (MSME) that use QR-code-based apps for daily collections will be able to apply for loans with daily payback options through Muthoot FinCorp ONE.

Read more at: www.financialexpress.com