Mumbai, April 21 -- The collaboration is aimed at expanding access to instant personal loans for consumers and MSMEs across India via MobiKwik's ZIP EMI platform.

As part of the partnership, users of the MobiKwik app will be able to avail personal loans ranging from Rs 50,000 to Rs 15 lakh, with flexible repayment tenures between 6 to 36 months. The loans are designed to serve a variety of financial needs, including education, medical expenses, travel, and other personal consumption requirements.

The loan offers minimal documentation requirements and a rapid approval process, the loan is available at any time of the day, further enhancing the convenience and speed that have been hallmarks of MobiKwik's services. This initiative marks a ...