OPPO has launched a new financial platform in India called as OPPO Kash. The service is currently in beta stage and will be available for testing. The service comes after other Chinese smartphone companies similar offerings.
OPPO Kash will offer several financial services like Personal Loans, Business Loans, Mutual Funds, SIP, Free Credit Score, Mobile screen Insurance and more.
With OPPO Kash, the company will offer personal loan from Rs. 8,000 to Rs. 10 lakhs. OPPO will offer instant personal loans upto Rs. 1 Lakh. Personal loan tenure will be from 3 months to 60 months.
If you want business loan then OPPO Kash will offer you Rs. 50,000 to Rs. 10 Crore loan. The tenure of Business loan on OPPO Kash will be of upto 36 Months.
OPPO Kash will also offer Mutual Fund and SIP service in India. It has partnered with 20 Asset management companies like HDFC Mutual Funds, ICICI Prudential Mutual Funds, Franklin Templeton Investments, etc to offer these services.
OPPO Kash allows you to check your credit score for free upto 3 times. The detailed report will have credit history, repayment status and analysis of financial of an individual. You can also opt for Mobile Insurance on the app with upto 2 claims of OPPO smartphone.
OPPO Kash is currently available in beta an can be downloaded from Google Play Store.