Mihuru: An Innovative Financial Platform for Travelers and Students

Mihuru means “My Freedom” and our vision is to help people manage their finances better so they can achieve various life goals.

Mihuru is a financial technology platform. Since the past 2.5 years we\’ve been helping people fulfill their travel goals through an innovative digital loan product called Mihuru Splitfare; helping people save up to 30% on their travel costs and thereby do so much more with their limited budgets.

With Mihuru Splitfare, you can book your travel months in advance with just a 25% deposit and pay the rest in installments prior to your trip. By paying per month you can book early, even before you have enough money in the bank, when prices are low.

The average person pays at least 60% more for flights because of price surges…with Mihuru Splitfare you can be smarter than that. Save thousands, by locking in prices months in advance.

Life without Mihuru Splitfare:

You have Rs.5,000 in your account. Not enough to buy a Rs.20,000 flight ticket for your trip in 3 months. So you plan to save money for 2 months and then book your flight. By then flight prices have increased to Rs.28,000. Your savings of Rs.20,000 are not enough; you need to cough up an additional Rs.8,000! As a result you may have to forgo your trip or take an expensive personal loan to fulfill the gap.

Life with Mihuru Splitfare:

You have Rs.5,000 in your account. Instead of waiting until you\’ve saved enough, you book your flight today by paying Rs.4,000 today.
You pay Rs.8,000 per month for the next two months. By the time your travel date approaches, you\’ve paid off for your flight in full and are ready to enjoy your vacation

We enable travelers to get approved for a loan and book their flight, hotel or holiday package on our website (www.mihuru.com) or through one of our approved travel partners (https://www.mihuru.com/partners/partner-directory/)

We have recently launched a product for our second goal: helping people up skill through education loans. Education loans are available for courses ranging from digital marketing to machine learning through our online partners and offline partners across India (https://www.mihuru.com/EducationLoan).