Vakrangee Limited, a leader in last-mile service delivery, has announced a strategic partnership with Muthoot Fincorp Limited, a prominent name in the lending industry. This collaboration aims to provide a comprehensive range of loan products to millions of Indians through Vakrangee’s extensive network of Vakrangee Kendras spread across rural and semi-urban regions.
Through this partnership, Vakrangee Kendras will now facilitate access to Loan Against Property (LAP), Unsecured Business Loans, and Gold Loans, catering to diverse customer segments, including retail, rural, SME, and corporate clients. This initiative is set to enhance financial inclusion and empower communities that have traditionally been underserved by formal financial institutions.
Commenting on the partnership, Mr. Vedant Nandwana, Managing Director of Vakrangee Limited, said, “We are delighted to partner with Muthoot Fincorp Limited, a trusted name in the lending sector. This strategic tie-up marks a significant milestone in our journey to strengthen last-mile delivery of financial services across the country. Our aim is to provide access to loan products for millions of citizens, especially those residing in remote and rural areas.”
He added, “With over 83% of our Vakrangee Kendra outlets located in Tier 4 to Tier 6 regions, we are uniquely positioned to bridge the financial accessibility gap. This partnership reinforces our commitment to financial inclusion, social empowerment, and nation-building.”
