IndusInd Bank today has launched ‘IndusEasyCredit’, a comprehensive digital lending platform that enables customers to meet their financial requirements from the comfort of their homes. Both existing, as well as non-IndusInd Bank customers, can instantly avail personal loans or credit cards on a single platform in a completely paperless and digital manner. A first of its kind proposition, it offers a fully digital end-to-end process that leverages the power of India’s public digital infrastructure – ‘Indiastack’. The stack leverages more than 35 interfaces to digitally verify KYC and employment information as well as analyze bank statements. It then leverages advanced analytics and machine learning based models to assess eligibility in real time. Post this, the customer can conduct Video KYC and get the loan disbursed into his or her account after executing the agreement digitally; without having to visit a branch or do any lengthy documentation. Charu Mathur, Chief Digital Officer & Head-Business Strategy, IndusInd Bank, said IndusEasyCredit 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.
