Finnable and Flipkart Finance Partner to Offer Instant Credit up to Rs 1 Lakh
Finnable Credit Private Limited has entered into a co‑lending partnership with Flipkart Finance Private Limited to embed consumer credit directly within Flipkart’s ecosystem, covering the Flipkart marketplace, Myntra, and Flipkart Minutes platforms. The collaboration, announced from Bengaluru, Karnataka, aims to broaden digital credit access for a wider segment of Indian shoppers, including those with thin or no credit files.
Under the partnership, eligible customers can obtain instant checkout financing of up to Rs 1 lakh. The credit can be repaid through three distinct options: a short‑term loan repayable within 30 days, a Pay‑in‑3 plan that splits the purchase into three equal installments, or an EMI schedule ranging from 3 to 12 months for higher‑value items such as mobiles, electronics, and appliances. The entire application and approval process is conducted within the respective apps, with eligibility decisions delivered in seconds.
Amit Arora, Co‑Founder of Finnable, stated, “India's next wave of consumers will meet credit where they already shop, not at a traditional bank branch. With Flipkart Finance and Flipkart platforms, we're bringing formal credit to customers across segments with the exact simplicity they expect in their shopping experience.”
Both Finnable Credit Private Limited and Flipkart Finance Private Limited are RBI‑registered NBFCs. Loans are jointly originated under the RBI‑specified digital and co‑lending framework, with Flipkart platforms facilitating the digital customer journey. All loans remain subject to standard eligibility criteria, documentation requirements, and credit assessment, and applicable charges are detailed in the accompanying Key Fact Statement.
The programme is already live across India and has reported strong early uptake since its launch, indicating robust consumer interest in seamless, on‑platform financing solutions.