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Finance Company and Cholamandalam Investment Partner with Mavin
May 25, 2017
Finance Company, which is the financial services wing of the Murugappa group, and Cholamandalam Investment have joined hands with US-based Mavin to tap into the rural markets through digital technology. With this partnership,Cholamandalam plans to offer incentives to its users for updating KYC documents and using its mobile application for EMI payments, etc.
Vellayan Subbiah, Managing Director, Cholamandalam Investment and Finance, said that the Digital India drive has a huge potential for transforming the country, and the rural areas are certain to be the most advantageous. He also said that linking with Mavin is a good initiative to help the customers embrace what thisdrive has to offer.
