Arvog has entered into a gold co-lending partnership with Indian Bank to provide loans to borrowers.
This collaboration will boost loan availability for borrowers by using Arvog's digital lending capabilities and Indian Bank's proven customer base and regulatory framework.
The partnership will enhance Arvog's growth in the gold loan space, benefit from lower costs of funds, and boost brand credibility. Arvog thanks the Indian Bank team for a flawless onboarding experience.
Priyank Kothari, Director of Arvog, said, “By combining Arvog's digital lending capabilities with Indian Bank's robust customer base and regulatory framework, the collaboration will increase customer credit availability. Indian Bank's robust due diligence process and lower cost of funds, backed by our expertise and technology, will help us turn the pivot in the gold loan industry. We hope to simplify the gold loan procedure for individuals by combining our experience and resources with Indian Bank's network of over 5808 branches. We will continue to give our customers the financial opportunities needed to realise their innate worth and empower them.”