MobiKwik App: MobiKwik's 'Boost' to offer instant loan in 90 seconds
MobiKwik on Wednesday announced the launch of its breakthrough product called ‘Boost’, that offers instant loan approval and disbursal to MobiKwik users.
This is the first-of-its-kind of credit disbursal product, wherein loans of upto Rs 60,000 are sanctioned as well as disbursed in a matter of 90 seconds. MobiKwik has partnered with a number of NBFCs to offer this service to its users. MobiKwik is the first wallet player to disburse loan amount in the user’s mobile wallet.