Paytm Ties Up With IndusInd Bank To Offer Financing Options

IndusInd Bank has said that it has tied-up with Paytm to offer financing options for booking of two-wheelers in order to provide greater choice to customers.

While booking a two-wheeler on Paytm, India's largest mobile payment and commerce platform, customers will have to pay the booking amount and can then avail a loan on the balance amount from the financing partner.

Paytm Ties Up With IndusInd Bank To Offer Financing Options
IndusInd Bank: Quotes, News
BSE 1208.95BSE Quote1.45 (0.12%)
NSE 1206.80NSE Quote4.5 (0.37%)

As a result, more users can benefit from the wide assortment of two-wheelers available on Paytm's platform.

IndusInd Bank caters to the needs of both consumer and corporate customers. Its technology platform supports multi-channel delivery capabilities. As on March 31, 2016, Induslnd Bank has 1,000 branches, and 1800 ATMs spread across 623 geographical locations of the country.

Meanwhile, shares of the bank were trading at Rs 1187 apiece, up 0.22 per cent from the previous close at 10:15 hours on BSE.

Read more about: indusind bank, paytm
Story first published: Wednesday, September 21, 2016, 12:40 [IST]
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