Search For "loan processing"
Aye Finance pilots Generative AI model for image-based underwriting of tra
Updated : 1 week, 3 days ago IST
New Delhi [India], March 4: Aye Finance, India's leading provider of business loans to the underserved micro-scale MSMEs, has completed a pilot that uses the predictive capability of Gen AI technology, which will enhance its formal credit to the trading businesses in tier 2 and beyond cities
Read More
EmergencyPaisa Achieves Remarkable Partner Conversion Rate Surge, Pacing t
Updated : 1 month, 1 week ago IST
New Delhi [India], January 30: EmergencyPaisa, a leading player in the digital personal loan sector, has just disclosed a phenomenal increase in its partner conversion rates from 5% to 14%. This remarkable performance is attributed to their continuous advancements in digital loan processing
Read More
Government's Credit Assessment Model to boost digital lending for MSMEs
Updated : 3 months, 1 week ago IST
CAM is designed to provide a uniform, efficient way to evaluate MSME creditworthiness using digital tools. By leveraging existing data in the digital ecosystem, such as payment history and business records, the system aims to reduce delays and human errors in loan processing.
Read More
ACT21 Software Clinches Best Risk Implementation at IBSi Global FinTech In
Updated : 11 months ago IST
Noida (Uttar Pradesh) [India], April 15: ACT21 Software, a pioneering force in financial technology, has received the prestigious Best Risk Management Implementation Award for its innovative collaboration with one of the top three lending institutions in India. This honor was presented by IB
Read More
Data Security Standards in Digital Home Loan Apps Systems
Updated : 1 year ago IST
New Delhi [India], February 21: Digital lending has made home loan apps easier and potentially more time-saving. Today, financial institutions and banks usually handle the critical personal and financial data of the applicant through a home loan app. However, this raises data privacy concern
Read More
FinBox Empowers Lenders to Expand Reach by 3X with its Credit Decisioning
Updated : 2 years, 6 months ago IST
Bangalore (Karnataka) [India], August 28: FinBox, a credit infrastructure provider, has developed an AI-powered credit decisioning platform called Sentinel that has led to streamlined loan processing, enhanced efficiencies in the lending process, and improved risk monitoring.
Read More
Bank of Baroda cuts interest rates, processing charge on car loan
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 2 (ANI): Public sector lender Bank of Baroda on Monday said it has lowered the interest rate on car loans by 0.25 per cent to 7 per cent per annum and reduced processing charge for a limited period till June 30 in order to boost lending in car loan segment.
Read More
Fullerton India offers Personal Loan to tackle Emergency Medical Expenses
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], April 29 (ANI/BusinessWire India): Fullerton India Credit Company is a leading non-banking financial institution that offers a convenient way to secure a loan. Customers can have a smooth and hassle-free experience with Fullerton India. Salaried applicants can a
Read More
Bajaj Finserv's festive season offer - affordable home loans at lowest int
Updated : 8 years, 6 months ago IST
New Delhi [India], Sept 9 (ANI-BusinessWire India): Home loan aspirants have another reason to cheer this festival season with cheaper home loan by Bajaj Finserv. All home loans applicants availing a loan above Rs. 25 lakh will get a 50 percent waiver on the loan processing fee. What makes t
Read More
Good CIBIL score can get you a home loan effortlessly
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr 21 (ANI-BusinessWireIndia): Before the digital era began, home loan processing was very unpredictable. However, with digitization, a whole new world of instant credit and instant loans was formed.
Read More