Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 622)

2019-08-30 Business

622.

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

Bajaj Finserv

Indiabulls

KreditBee

MoneyTap

Answer: Option

Explanation:

MoneyTap, India's first company to provide an app-based personal credit line to customers has announced to provide its customers with a lifetime credit limit of up to Rs. 5 lakh instantly starting from Rs. 3,000. Unlike personal loans and credit cards, customers pay interest only on the amount borrowed and at lower rates.