cemX launches new credit feature in India

cemX- India’s pioneer e-commerce cement firm has joined hands with ZestMoney, to launch a first-of-its-kind holistic approach for quick and affordable EMI options for their end customers. This will be the first time when an EMI credit option shall be offered to any Building Material customer to cope up with the financing challenges of small and medium builders in Tier 2 and Tier 3 cities of India.

Commenting on the occasion, Ashutosh Kumar Jha (Founder & CEO), cemX, said, “We are excited to have taken up this new opportunity for our e-purchasers. Our vision is to empower the community by enabling them easy to pay EMI options. This will immensely benefit the tier two and tier three customers by reducing their financial burdens while keeping their dream of building a house unimpaired.”

Adding to the same, Sourav Chakraborty (Co-Founder & CBO), cemX, said, “We at cemX, are trying to ensure payment feasibility for our clients by introducing the credit options. This will not only help us enrich our clientele but will also unleash our clients’ financial predicaments.”

The e-commerce store facilitates and aggregates cement procurement while ensuring cost-effectiveness for the BOP sections of tier 2 and tier 3 cities to provide hassle and bargain free cement deals. Through this partnership with ZestMoney, customers acquiring cement online will be able to overcome the inconveniences of bank loans seamlessly, thereby supporting the Indian MSME companies. The minimum amount of loan is as low as five thousand with a capping of two lakhs, where the interest rate is 0.75% per month.

About Neel Achary 19302 Articles
Neel Achary is the editor of Business News This Week. He has been covering all the business stories, economy, and corporate stories.