Non-banking finance company (NBFC) Aditya Birla Capital has gone live on all three core financial services—lending, insurance, and mutual fund investments—available on the Open Network for Digital Commerce (ONDC) platform.
Through ONDC Network, various live buyer apps will be able to offer Aditya Birla Capital’s personal loan, health insurance, and mutual funds to their customers, eliminating the need to download or access multiple apps on their devices.
“Aditya Birla Finance was one of the early adopter lenders in the pilot phase of its credit integration. Aditya Birla Health Insurance and Aditya Birla Sun Life AMC are among the first-level participants in integrating health insurance and mutual fund investments on the Network,” the NBFC said.
ONDC is a network of over 200 apps including buyer apps and seller apps.