Table of Contents
Introduction
SmartCoin, a fintech company founded by Rohit Garg and Amit Chandel in 2016, is changing the way Indians access to credit. The company uses data-driven algorithms to determine the creditworthiness of potential borrowers, providing affordable and accessible loans to individuals who have limited access to credit from traditional financial institutions. In this blog post, we will discuss Smartcoin Customer Care Number.
Smartcoin Customer Care Number
+91-9148 380504
Customer Care Email Addresses
Chart Support
Not Available
Website Adress
Company Address
SmartCoin Financials Pvt. Ltd.
Indique Gamma,
No.293/154/172 1st floor, outer ring road,
Kadubeesanahalli, Bangaluru, Karnataka 560103.
GSTIN: 29AAWCS4288F1Z1
CIN: U67110KA2015PTC084272
For Grievance Redressal
Ravi Kumar
+91 9986640571
SmartCoin Financials Pvt. Ltd.
Indique Gamma,
No.293/154/172 1st floor, outer ring road,
Kadubeesanahalli, Bangaluru, Karnataka 560103.
Rise of SmartCoin
SmartCoin’s primary focus is on serving the unbanked and underbanked population of India, which comprises a significant portion of the country’s population. The company’s mission is to democratize access to credit in India by leveraging technology to provide loans to individuals who are traditionally underserved by the formal financial sector. This includes gig economy workers, small business owners, and salaried individuals who may not have a credit history or have limited access to formal credit.
The Digital Loan Process of SmartCoin
SmartCoin’s loan process is entirely digital, making it convenient and accessible for borrowers. Individuals can apply for loans ranging from INR 1,000 to INR 25,000 through the company’s mobile app. The app uses machine learning algorithms to analyze a borrower’s financial data, including income, expenses, and credit history (if available), providing loan decisions within minutes. Repayment periods range from 7 days to 3 months.
Personalized Support and Transparency
SmartCoin places a strong emphasis on customer service, providing personalized support to borrowers throughout the loan process. The company also ensures transparency with no hidden fees or charges.
Managing Finances Better
In addition to providing loans, SmartCoin offers a range of features to help borrowers manage their finances better. These include budgeting tools, expense tracking, and alerts for upcoming payments. The company also provides credit education to its customers, helping them understand how credit works and how to use it responsibly.
Partnering with Employers
SmartCoin also partners with employers to offer salary advances to their employees. This service helps employers provide financial support to their employees during times of need, such as emergencies or unexpected expenses.
Impressive Growth and Funding of SmartCoin
As of 2021, SmartCoin has served over 2 million customers and disbursed over INR 1,000 crore in loans. The company has received funding from various investors, including Unicorn India Ventures, Accion Venture Lab, and ISME ACE.
Overall, SmartCoin is an innovative fintech company that is using technology to address the credit needs of underserved individuals in India. By leveraging machine learning and alternative data sources, the company is making lending more accessible, affordable, and convenient for millions of Indians.
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