Private lender IndusInd Bank announced the launch of a new digital lending platform ‘IndusEasyCredit‘ on Thursday, June 17, in a bid to enable customers to meet their financial needs from their homes. According to a statement shared by IndusInd Bank, the digital platform will allow both existing and non-IndusInd Bank customers to avail personal loans or credit cards on a single platform through a comprehensive digital framework and a paperless manner.
“IndusEasyCredit offers a fully digital end to end process that leverages the power of India’s public digital infrastructure – Indiastack to offer personal loans and credit cards in a paperless, presence less and cashless manner,” the bank said in a statement.
Speaking about the new proposition, Charu Mathur, Chief Digital Officer & Head-Business Strategy, IndusInd Bank said, “Over the past few months, we have been constantly working towards creating a comprehensive solution that enables customers with easy access to credit from the comfort and safety of their homes. ‘IndusEasyCredit’ is a testament to that effort which provides customers with the flexibility to avail a personal loan or a credit card on a single platform, in a completely seamless, paperless, and digital manner.”
- Complete the e-KYC process and provide all basic details required to check the eligibility (only applicable for the non-IndusInd Bank customers)
- Choose the amount from the pre-approved loan offer as required. Accept the auto-populated interest rate, processing fee, as well as EMI amount
- Complete the video KYC process
- Now, authenticate the request for allowing the instant money credit into account, after digitally signing the agreement
- After completing this step, the money gets transferred to the customer’s account instantly.
On Thursday, June 17, shares of IndusInd Bank settled 2.91 per cent lower at ₹ 984.25 apiece on the BSE. IndusInd Bank opened on the BSE at ₹ 1,000, inching to an intra day high of ₹ 1,022, and an intra day low of ₹ 968.55, during the trading session today.
