With this tie-up, MobiKwik users across India can get personal loans between ₹50,000 and ₹15 lakh. The money can be used for things like education, medical bills, travel, or other personal needs. Users can choose to repay the loan over 6 to 36 months.
Dhiraj Saxena, the Chief Technology Officer (CTO) at Poonawalla Fincorp, resigned on December 3, 2024, citing harassment and interference by the company's Chief Human Resources Officer (CHRO).