BharatPe, the fintech firm known for its innovative financial solutions, has announced its entry into the secured loans segment for its merchant partners. In the first phase of this expansion, BharatPe has introduced two major loan products—Two-Wheeler Loans and Loans Against Mutual Funds (LAMF)—designed to meet the diverse financial needs of its merchant partners.
To facilitate these offerings, BharatPe has partnered with OTO Capital, a digital commerce and lending platform, for two-wheeler loans. Additionally, the company has teamed up with Volt Money to offer Loans Against Mutual Funds. These partnerships aim to provide BharatPe’s merchant partners with greater access to credit and drive engagement on the platform.
Under the new initiative, BharatPe’s merchant partners can now avail two-wheeler loans of up to ₹2.5 lakh through OTO Capital. These loans come with competitive interest rates and a fully digital application process, allowing merchants to choose a repayment period ranging from 12 to 48 months. This initiative is expected to significantly improve the accessibility and affordability of two-wheeler ownership for entrepreneurs across India.
Moreover, with the launch of Loans Against Mutual Funds in collaboration with Volt Money, BharatPe’s merchants can secure loans of up to ₹1 crore against their mutual fund holdings. This product aims to address the short-term liquidity and working capital needs of Micro, Small, and Medium Enterprises (MSMEs).
Speaking on the launch, Nalin Negi, CEO of BharatPe, emphasized the importance of this new offering in the company’s growth strategy. “The launch of secured loans for BharatPe’s merchant partners will open a new monetisation channel for us and also help us drive engagement with our merchants, by offering them an extensive portfolio of loan options to choose from. In the coming months, we will be adding new products in the secured loans category so as to cater to a wide set of requirements. I am confident that secured loans will have a significant contribution to our overall revenue in the coming months. We stay committed to empowering our merchant partners and will continue to roll out disruptive products that are relevant for them.”
Sumit Chhazed, CEO of OTO Capital, highlighted the impact of their partnership with BharatPe: “We believe in the power of mobility to transform lives. Our mission is to make two-wheeler ownership accessible and affordable for every aspiring entrepreneur in India. Together, we are committed to providing accessible mobility solutions that will help businesses thrive.”
Adding to this, Bharat Lamba, Co-founder & CBO at Volt Money, stated, “By providing instant loans against Mutual funds, we are uniquely positioned to meet the short-term liquidity and working capital needs of MSMEs, thus enabling and empowering them financially. This collaboration represents a significant step forward in our commitment to providing low-cost 100% digital financing solutions to Indian businesses by unfurling them to BharatPe’s diverse large base of merchants.”
