Flipkart Wholesale’s credit offering includes ‘Easy Credit’ in partnership with IDFC FIRST Bank. Under the scheme, a loan of Rs 5,000 to Rs 2 lakh will be given under an interest-free period of up to 14 days.
Flipkart Wholesale, the digital B2B (business to business) marketplace of e-commerce company Flipkart, has announced a new credit scheme to help kirana shops meet their working capital requirements and grow their business. . The company said in a statement that the credit offering of Flipkart Wholesale includes ‘Easy Credit’ in partnership with IDFC FIRST Bank and this was done to solve local grocery problems in the country. initiatives are in line.Also Read: UIDAI Update: Change your name gender other details on aadhaar using self service update portal
Adarsh Menon, Senior Vice President and Head, Flipkart Wholesale, said that the company’s main goal is to make it easier for grocers and retailers to do business and boost their growth journey.
Interest free loan will be available from 5 thousand to 2 lakh rupees
Through these new offerings, kirana shops can avail zero cost loans through end-to-end digital onboarding in partnership with IDFC FIRST Bank and other fintech institutions. Under the scheme, a loan of Rs 5,000 to Rs 2 lakh will be given under an interest-free period of up to 14 days.
Menon said, “We believe that our new credit plan is designed to address the local challenges that kirana shops in India face. This will help them manage their cash flow and improve their buying experience on our platform thereby ensuring that the entire B2B retail ecosystem benefits from digitisation.Also Read: This plan of BSNL comes with daily 5 GB data and unlimited calling for 84 days, know the price
Flipkart Wholesale serves over 1.5 million members across the country, including grocers/retailers, horekas (hotels, restaurants and cafeterias) and offices and organizations. Flipkart’s wholesale customers have access to a range of value propositions, including a wide range of Flipkart-assured quality products, straight to their stores with simple and convenient order returns and easy order tracking facility and better margin on every product. Delivery is included.
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