Google and SMFG India Credit Collaborate to Provide Collateral-Free Personal Loans

News Desk, News Nation 360 : One of the top Non-Banking Financial Companies (NBFCs) in India, SMFG India Credit (SMICC), has partnered strategically with Google Pay to offer collateral-free personal loans to Google Pay consumers nationwide. By working together, SMFG India Credit will provide personal loans, enabling Google Pay users to fulfil their various financial requirements. Using this agreement, qualifying Google Pay users who apply for a loan using the app can receive their money in a matter of minutes. In line with the changing demands of India's tech-savvy clients, this end-to-end digital procedure guarantees a quick, secure, adaptable, and hassle-free borrowing experience. By making formal credit more available to underprivileged and developing client categories, this relationship demonstrates SMFG India Credit's dedication to promoting financial inclusion. Additionally, it fortifies SMICC's position as a leader in the digital lending ecosystem by utilising cutting-edge technologies to increase its influence and reach. Talking about the partnership, Ajay Pareek, Chief Business Officer, SMFG India Credit, stated that by utilising technology and establishing strategic partnerships with fintech platforms, SMFG India Credit continues to bolster its leadership in the digital lending ecosystem as part of its long-term plan. The company's commitment to reaching a wider audience, encouraging financial empowerment, and supporting the country's aim of a digitally inclusive economy is reflected in these initiatives.