RCom launches credit facility for pre-paid GSM users

Our Bureau Mumbai | Updated on November 24, 2014

Reliance Communications (RCom) has launched a credit facility that enables its users to make urgent and important calls when they run out of account balance.

The scheme - ‘TalkLoan’ – has been launched for its pre-paid GSM subscribers across all its circles in the country.

The company, controlled by industrialist Anil Ambani, will provide an instant loan of either Rs 5 or Rs 10 to users, who have less than Rs 10. This will enable subscribers to start using their phones for voice and data services, RCom said in a statement.

“TalkLoan is an innovative solution which will provide great convenience to our customers, assuring them of uninterrupted voice and data usage. With this service, RCOM’s customers can virtually not run out of balance at any time. This service will further cement our strong ties and connect with our pre-paid customer base,” said Gurdeep Singh, Chief Executive Officer (Consumer Business) at RCom said.

Subscribers have to dial *141# for the service and to select the denomination of the instant recharge. The additional talk-time is provided without any validity and subscribers can use it anytime they want.

The company will recover the loan amount over subsequent recharges, with a nominal transaction fee, the statement added.

Published on November 24, 2014

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