License from RBI to Flipkart .. People can get direct loan facilities from the company!

-Scomar company Flipkart has been a big hit. Now people have the opportunity to get direct loan facility from the company. Flipkart can provide direct loan facilities to people. This is because a non-banking financial company has been licensed from the Flipkart Reserve Bank of India.

NBFC License

Flipkart has earlier offered loans and EMI facilities to its customers. But for this, Flipkart first based on the third -time financial companies. But now NBFC license to RBI Flipkart. Because of this, the company can now provide loan facilities to its customers without trusting anyone. On the other hand, Flipkart became the first e-commerce company licensed in India.

Benefits of small traders

Following Flipkart NBFC license, customers’ purchase experience will also improve. It is easy to borrow customers now. Customers and small businessmen also benefit from it.

Flipkart already provides facilities like EMI and EMI on its platform through third party financial institutions. Now with the NBFC license, the company can start providing credit facilities independently without relying on any financial institution. This action further strengthens Flipkart.

Digital loan

Over the years, many other e-commerce companies have entered the financial services sector to provide better facilities to their customers. Flipkart is a good performance after entering the field. It is not clear how Flipkart works on a loan right now. But the company can focus on digital loans and personal loans.