BharatMatrimony Group has launched a new portal www.loanwala.com. The new site is designed to simplify the process of applying for a loan, and connects the people in need of loans with the banks on the right platform. The portal caters to any kind of personal loans, automobile loans and property loans.
The new portal has tied up with leading banks and will be adding more banks to this new service. This association with various banks in the country would help the loan seeker get the best deals possible.
Speaking on the launch of the loan portal, Murugavel Janakiraman, Founder and CEO, BharatMatrimony Group, said, “By giving an opportunity for the loan seeker to apply for loans with just one common portal that connects multiple banks, we are providing him the right power of negotiation to get the best deal. Also, it gives banks an easy access to the customers in need. We are happy to launch this new initiative and believe that our expertise in the Internet space will make this a successful venture for the company.”
Members of the website can post a loan requirement with basic details and the amount required. These applications will be validated and sent to multiple banks, which would then contact the applicants with their offers. The applicant can thus choose the best deal.
Loanwala.com also has user-friendly tools like EMI calculator, affordability calculator and eligibility calculators. The site also gives useful information like eligibility criteria checklist and FAQ segments.