Bharti Airtel’s subsidiary -- Airtel Payments Bank has collaborated with Muthoot Finance to offer gold loans through Airtel Thanks app. There will be no-processing charge on the loan and Muthoot Finance will provide up to 75 per cent of the pledged gold value as a loan. The loan facility will also be available at the 5 lakh banking points for Airtel Payments Bank. The partnership will give access to secured and affordable credit to customers looking for quick liquidity against their gold assets.
Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.