 "Bank of Maharashtra")
State-owned Bank of Maharashtra on Friday said it has launched a digital lending platform for its home and car loan customers.
The platform will enable prospective retail loan seekers to get loans digitally through a paperless process at the convenience of their place and time of choice, the bank said in a release.
The platform is capable of validating KYC, CIBIL and financials of the applicant and provide in-principle approval in hassle free manner, it said.
The primary objective is to provide exceptional customer experience, and upscale lending through digitization, Bank of Maharashtra Managing Director and CEO A S Rajeev said.
The bank has currently waived processing fee on housing and car loans for its customers to benefit them in the ongoing festive seasons.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
