CemX New Credit Feature in India

cemX, the e-commerce cement firm, has joined hands with ZestMoney for quick and affordable EMI options for their end customers. This is the first, 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. 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.