Intelligent Lending Platform powered by Artificial Intelligence and Advanced Analytics to make quick and cost-effective credit available.
Sign Memorandum of Understanding with OptaCredit
Inform staff of what OptaCredit offers and the benefits that accrue.
Provide data about employees who apply for OptaCredit loans to help us verify the applications.
Salaried employees who have availed OptaCredit have saved around Rs.10,000 - 15,000 over the period of a year, the equivalent of around 5-7% pay rise. Our average customer has consolidated more than Rs. 1,00,000 of outstanding informal credit, in addition to getting immediate access to formal credit. They were previously paying 36% - 500% APR and made a saving by moving to a lower interest rate, typically 1.34 - 2.34 % per month.
A proprietary credit- scoring mechanism to grade borrowers’ risks and to cater to unique needs of small businesses and individuals.