BankBazaar.com which is a financial marketplace, has launched a multi-brand paperless e-KYC platform for instant loan approvals.
BankBazaar.com has said in a statement that this eliminates the need for physical document submission for loan approvals through the company’s online platform.
This would be available for both personal as well as car loans.
BankBazaar.com CEO Adhil Shetty has said that “We, along with our partners, have been working towards this moment where we take the loan application process completely online and paperless.”