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In 50 Words: Flipkart partners with Axis Bank to offer personal loans
Flipkart, in partnership with Axis Bank, has introduced personal loan offerings for its customers, with credit of up to 500,000 rupees (US$6,100) as an extension of its financial services. Its loans require no documentation and take 30 seconds to approve. Other than this, the firm offers financial products such as a co-branded credit card and a buy now, pay later option.
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