Pune: Digital financial platform Tata Digital has reinforced its leadership in democratizing credit access by becoming the largest contributor of disbursals and users on the Open Network for Digital Commerce (ONDC).
Within just three months, the platform has facilitated over one million personal loan applications through its loan marketplace on Tata Neu.
As an early adopter of ONDC for financial services, Tata Digital is transforming credit access by offering a transparent, competitive, and consumer-first lending marketplace.
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The Tata Neu platform currently features 14 lending partners, including two integrated via ONDC, enabling customers to access multiple loan products seamlessly.
This approach provides greater flexibility and affordability for a wide range of borrowers—including salaried employees, self-employed individuals, and those new to credit. In addition to personal loans, the platform has witnessed strong traction in gold loans, reflecting adaptability to consumer needs and market trends.
Tata Digital Reinforces Commitment to Digital Public Infrastructure
Speaking on the milestone, Gaurav Hazrati, President, Financial Services, Tata Digital, said: “Our participation on the ONDC Network underlines Tata Digital’s commitment to building India’s digital public infrastructure and democratizing access to financial products. With 14 lenders onboard, our loan marketplace on Tata Neu provides flexible and competitive solutions. We are focused on serving underserved communities by delivering seamless, digital-first credit solutions.”
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Vibhor Jain, Acting CEO and COO of ONDC, added: “The ONDC Network is redefining how credit is accessed in India. With a single integration, fintechs and lenders can collaborate while consumers gain transparent access to multiple loan options. This open and interoperable framework enables credit delivery to unserved and underserved segments, ensuring true financial inclusion at scale.”
Tata Digital Enables Seamless Credit Access
Through this collaboration, Tata Digital ensures a fully digital loan journey, from application to disbursal, eliminating paperwork and enabling near-instant processing. By leveraging ONDC’s open network, Tata Digital is pioneering inclusive financial growth and expanding opportunities for individuals nationwide.
