National, August 29, 2025: Tata Digital* is rapidly emerging as one of the frontrunners in the movement to democratize credit access in India through its early and impactful adoption of the Open Network for Digital Commerce (ONDC). As one of the first and largest buyer platforms for financial services on ONDC, Tata Digital has already facilitated over a million applications in personal loans within the last 3 months, contributing the largest share of applications, users and disbursals on the ONDC Network.
This significant early traction is a direct result of Tata Digital’s extensive scale, consumer trust, and broad reach and aligns seamlessly with ONDC’s core vision of creating an open, interoperable, and inclusive framework for digital services. At the heart of this effort is Tata Digital’s robust loan marketplace, hosted on Tata Neu, which now features 14 lending partners, including two that were integrated via ONDC Network. This multi-lender setup ensures greater flexibility, competitive pricing, and customized loan options for both salaried and self-employed individuals, including those who are new to credit.
“Our participation on the ONDC network signals Tata Digital’s commitment to supporting India’s digital public infrastructure and democratizing access to financial products,” said Gaurav Hazrati, President, Financial Services, Tata Digital. “Our loan marketplace on Tata Neu now features 14 lenders across varied product categories. We’ve seen a strong uptake particularly in gold loans, reflecting the platform’s adaptability to shifting market preferences and evolving consumer needs. By leveraging the power of ONDC Network, we are not only enabling a seamless, digital, and hassle-free borrowing experience, but also actively working to serve the underserved segments of our country.”
Vibhor Jain, Acting CEO and COO at ONDC said, “ONDC Network is transforming how credit is accessed and delivered in India. With a single and seamless integration, fintechs can instantly connect with a wide network of lending partners, and vice versa; while consumers gain transparent access to multiple loan options without having to approach each lender individually. By leveraging the power of derived data — this open and interoperable network makes it possible to responsibly underwrite and extend credit to unserved and underserved segments, driving true financial inclusion at scale. Our ultimate goal is to create a vibrant, inclusive credit ecosystem where access to credit is simple, frictionless, and universal.”
Through this powerful public-private collaboration, Tata Digital is pioneering financial inclusion across the nation. The entire loan journey—from application to disbursal—is fully digital, with no cumbersome paperwork. Disbursals are processed almost instantly.
*Tata Digital is a Lending Service Provider/Digital Lending Application that works with multiple lenders to offer a range of loans to its customers.
