Shriram Finance Ltd.

One97 Communications (OCL) that owns the brand Paytm, has entered into a partnership with the largest retail NBFC in India, Shriram Finance to offer financial services to its users including loan products. Through this partnership, Shriram Finance’s products will be made available on Paytm’s platform digitally to further expand access to credit and drive financial inclusion in the country. With this partnership, the two brands are coming together to augment digital financial services including distribution of credit. Paytm has redefined the traditional brick and mortar model of loans distribution with digital-first credit distribution, ensuring last mile access to users. 

This strategic partnership combines Paytm’s wide reach and technology infrastructure with Shriram Finance’s lending expertise as the largest retail NBFC in India. Powered by Paytm’s fintech leadership as a loan service provider (LSP) focussed on compliance and quality of loans, this partnership will integrate Shriram Finance wide geographical presence across the country especially rural areas.

Shriram Finance (Formerly Shriram Transport Finance Company) is one of the largest asset financing NBFC in the country and holistic finance provider for the commercial vehicle industry and seeks to partner small truck owners for every possible need related to their assets.