by Suman Gupta
Chennai, 01 August 2022: IndusInd Bank today announced a strategic partnership with Rupyy – a new age digital lending platform offering 100% paperless loan processing. Rupyy is a fintech arm of the Jaipur based, Girnarsoft Pvt Ltd (which houses brands like CarDekho, BikeDekho, Zigwheels,Powerdrift etc).
This partnership will enable the users of ‘Rupyy’ to avail simplified documentation and instant processing of vehicle loans from IndusInd Bank. IndusInd Bank customers can now opt for flexible repayment options while transacting on ‘Rupyy’, making the process completely seamless and convenient for customers.
Announcing the MoU, Mr. A.G. Sriram, Head – Consumer Finance Division, IndusInd Bank, said, “We are delighted to partner with Rupyy to provide the whole gamut of used-car loan offers. As a customer-first Bank, we are excited to increase our digital footprint and reach out to potential customers on their preferred online channels. We believe this partnership will add an extra layer of convenience for customers in order to on-board a seamless auto loan journey. At IndusInd Bank, it is our constant endeavour to bring forth path-breaking propositions to ensure a delightful banking experience for customers.”
Mr. T.A. Rajagoppalan, Executive Vice President, IndusInd Bank, added, “At IndusInd Bank, it has been our constant attempt to bring forth innovative propositions that can accelerate the shift to a digital economy. With our decades of expertise in the vehicle finance segment combined with Rupyy’s new-age digital experience, we are sure that this marks the beginning of an exciting phase in our relationship with the Rupyy as well as a wonderful digital-first experience for our customers.”
IndusInd Bank will also leverage Rupyy’s digital assets and offer schemes that will further incentivize customers.
About IndusInd Bank: IndusInd Bank, which commenced operations in 1994, caters to the needs of both consumer and corporate customers. Its technology platform supports multi-channel delivery capabilities. As on June 30, 2022, IndusInd Bank has Branches / Banking Outlet and ATMs spread across geographical locations of the country. The Bank also has representative offices in London, Dubai and Abu Dhabi. The Bank believes in driving its business through technology. It enjoys clearing bank status for both major stock exchanges – BSE and NSE – and major commodity exchanges in the country, including MCX, NCDEX and NMCE. IndusInd Bank was included in the NIFTY 50 benchmark index on April 1, 2013.
