DMI Finance Private Limited today announced its partnership with Reliance Retail to provide a first-of-its-kind suite of digital finance options for Reliance Retail consumer electronics customers across India.
Through a completely paperless digital journey, DMI will offer financing solutions to Reliance Retail consumer electronics customers at merchant locations across India. This partnership will kick-off with loans for the newly-launched JioPhone Next by Reliance Retail. The loan tenor for the JioPhone Next will be 18 and 24 months.
The spokesperson at DMI said: “In today's world, a smartphone is not just a consumer product, but a tool for financial inclusion at large. We, at DMI, are proud to partner with Reliance Retail to provide financing for a range of consumer electronics starting with the JioPhone Next, that will enable access to a digital life for hundreds of millions of Indians and bring them a step closer to realizing their dream of a more prosperous future.”
