The task for home buyers is going to get somewhat easy with Easiloan.com. Now, Artificial Intelligence (AI) technology will guide a home buyer in the selection and recommendation of home loans. 

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

Easiloan Techno Solutions Pvt. Ltd. (easiloan.com), a new age fintech start-up has launched the 'Easiloan Instant Match' application. This is the first one of  its kind AI technology-based selection and recommendation engine in the housing finance industry for those who are in search of new homes. 

See Zee Business Live TV Streaming Below:

The aim of Easiloan.com is to address the inefficiencies in the home loan ecosystem by leveraging technology to streamline the loan processes across buyer, developer/seller and lenders. 

This application brings developers, direct selling agents (DSAs), customers, banks and NBFCs on a single platform for end-to-end digital processing of home loans. The proprietary AI-based feature allows customers to compare and choose from shortlisted options based on their profile.

Pramod Kathuria, Co-Founder, Easiloan said, "We want to take the pain and stress out of our customers’ search for the perfect lending partner for their dream home. We are excited to introduce India’s first match-making tool that curates the best offers corresponding to specific customer profile and requirement through the use of Artificial Intelligence." He added that at Easiloan.com the customer profiles are pre-qualified, matched and processed thru an all-digital platform resulting in high success rates and shorter turn-around-times (TAT).

Easiloan has tied up with leading lenders like HDFC, ICICI Bank, SBI, Bajaj Housing Finance, PNB, IIFL Home Finance and others. The company is  is already servicing home loans for several developers in Mumbai and is in talks to partner with many more in Pune and Bengaluru over the next few months.

It has to be noted that Easiloan offers a single point solution to real estate developers for the home loan requirements of their customers through its platform by profiling, match-making and automated processing into the banking system. The pre-qualified customer profiles are offered to relevant banks/ HFCs through the Easiloan app, leading to high rates of conversion, low human errors and quicker sanctions and disbursements.