Hyderabad-based fintech startup Loanyantra.com introduces a fully digital personal loan process at the lowest interest rate of 9.99%
New Delhi [India], December 24 (ANI/SRV Media): Loanyantra, India’s first and only online marketplace that helps customers get the lowest interest rate possible and also monitors and manages home and personal loans until they close, ensuring they are paying the Getting the lowest interest rates is here with a fully digital personal loan process, starting at 9.99%. They help their customers with a consistent, comprehensive and hassle-free credit process. The Loanyantra system also ensures customers pay less for EMIs and helps them complete their loans faster using the AI and ML algorithm they developed.
T Hub-based online fintech startup Loanyantra.com has launched a new personal loan product with an interest rate of 9.99%, which is the lowest interest rate for personal loans and online-only processes. For this product, Loanynatra has entered into a partnership with a South Korean bank, Shinhan Bank, which has started operations in India.
Vijayananda Reddy, CEO, and Harsha Raghavendra, COO, commented: “In India, the demand for personal finance has increased many fold after the COVID scenario in India. We started our operations from T Hub, one of the largest startup incubators in India, and started servicing home loans and personal loans through partnerships with around 14 banks and NBFCs. To date we have successfully disbursed Rs 800,00,00,000 /- plus worth of loans with a customer base of 4 lakh plus registered customers.”
The process of applying for the same is very simple. Customers are required to upload minimal documents (income documents and KYC) and the team will verify their details and pay out the funds within the next 48 hours. And the best part is that everything is done digitally. Loanyantra believes in creating a hassle-free, innovation-driven way for its customers to ensure easier and simpler processing of their loans, thereby completing their loans at least less than a year.
Their business objective is to offer an honest service that justifies the term “End to End Solution” in the segment of home loans and personal loans in India. It’s like buying home loans and personal loans just like you buy everything else now – online. Once you receive your personal loan through Loanyantra, you will receive your free ROI tracker, free personalized relationship manager and free credit alerts as part of your client relationship. In the near future, the platform will provide a solution that will be a win-win situation for both the customers and the banks. Any user can bid with banks before submitting any documents and will get their desired loans as well as the best possible interest rate and terms.
To learn more about your FinTech startup and apply for a loan, visit: https://loanyantra.com/
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