The market of online loans has revolutionized to a great extent. Through the growing initiatives of Indian government, the borrowers & lenders are coming closer on P2P platforms. So this introduction was literally a head turner for all prospective borrowers to get instant money. Today, the entire loan market is working its wings out to make our economy more efficient & money abundant. Slowly with time, it was discovered how people were struggling to apply and reach a loan. Therefore, several strategies were devised to ease the process of personal loan application.
Digitization within the financial industry has hugely encouraged companies to come up with newer & simpler lending techniques. Financial Technology has helped to build an alternative credit ecosystem in the country which is far more convenient & faster to use. This is specially great for all emergency situations where you need instant money into the account.
After absorbing all the changes, personal loan online had been introduced which has transformed the lending system. These online loans are undoubtedly much simpler than the typical loans available at bank branches. On the top of it, these instant loans can be applied from the comfort & convenience of homes. These online loans can be availed through networks without a physical KYC. With nearly 500 million users, the online space has expanded its horizons for increased lending to a larger population who needs credit. No doubt, this new development is largely helping in increasing COVID cases. When you’re looking for hospitalization amidst COVID, you would like atleast loan money through a contactless process.
This online loan technology has simplified testing times like that of COVID-19 which is beyond anyone’s control. With such a rate infection rate, people would prefer to have 100% contactless loan process. Taking such atrocities into consideration, Home Credit has come up with a full proof CovidSafe loan journey. Using this process, you will be able to apply, get verified & approved in your comfort zone only.
Contactless Personal Loan- Newer Perspective to Financial Lending
Earlier, there were strict rules exercised by banks and NBFCs when lending money. And this made the whole loan application process cumbersome & unwieldy specially when there’s an emergency.
The one blanket strategy of bank/ financial institutions have given birth to giants P2P settings to create an online market for people like Home Credit . This small loan fragment has swiftly filled the void to create a large clientele. Personal loans online by Home Credit has simple eligibility criteria as compared to conventional loans where complex physical documentation is required and grants upto 2 lakhs. This undoubtedly saves a lot of time & effort of struggling borrowers. The process of They take loan seekers on top priority & provide their money within 24 hours.
Here are the features offered by 100% ContactLess Personal Loan by Home Credit India:
- Quick access:
Our online loan can be availed quickly by borrowers via an application. Simply log into the Home Credit Mobile App & fill up name, mobile phone, PAN and Aadhaar number. After these simple steps, you’re almost there! No more need to go physically to a POS and coordinate with the representatives or follow-up.
- Zero paperwork:
Our online platform doesn’t require elaborate paperwork. Rather you can use OKYC using Aadhaar for quick identity and address verification. This is an automated way to confirm your authenticity.
- Better Customer Experience
Conventional bank loans can be tiring & time consuming which lead to customer dissatisfaction. This is true because a borrower has to stand in long lines, complete paperwork & then wait for approval. The launch of online portals using eKYC has transformed customer experience no matter where you’re located. This has also substantially reduced time for loan processing & gives 100% online loan approval.
So don’t wait & apply for a Home Credit Personal Loan upto Rs 2 lakhs using Aadhaar OKYC now.