{"id":846365,"date":"2024-08-21T08:54:15","date_gmt":"2024-08-21T03:24:15","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=846365"},"modified":"2024-08-21T08:57:53","modified_gmt":"2024-08-21T03:27:53","slug":"bharatpe-to-now-offer-collateral-free-loans-to-merchants-partners-with-oto-capital-volt-money","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/21\/bharatpe-to-now-offer-collateral-free-loans-to-merchants-partners-with-oto-capital-volt-money\/","title":{"rendered":"BharatPe to now offer collateral-free loans to merchants; partners with OTO Capital, Volt Money"},"content":{"rendered":"<p>Payment app BharatPe on Tuesday announced extending its credit offerings for its merchants to secured loans. The company will now enable secured two-wheeler loans and Loans Against Mutual Funds (LAMF) for its more than 1.3 crore merchants in the first phase through lending partners OTO Capital for two-wheeler loans and Volt Money for LAMF. The offering would be enhanced to a multi-product and multi-lender in the next phase. <\/p>\n<p>BharatPe said merchants would be able to digitally secure up to Rs 2.5 lakh to buy a two-wheeler with a repayment period between 12- 48 months. For LAMF, up to Rs 1 crore credit can be raised.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Payment app BharatPe on Tuesday announced extending its credit offerings for its merchants to secured loans. The company will now enable secured two-wheeler loans and Loans Against Mutual Funds (LAMF) for its more than 1.3 crore merchants in the first phase through lending partners OTO Capital for two-wheeler loans and Volt Money for LAMF. The offering would be enhanced to a multi-product and multi-lender in the next phase. BharatPe said merchants would be able to digitally secure up to Rs 2.5 lakh to buy a two-wheeler with a repayment period between 12- 48 months. For LAMF, up to Rs 1 [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-846365","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/846365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=846365"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/846365\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=846365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=846365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=846365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}