Connect with us

Hi, what are you looking for?


Satin Creditcare’s loan app for self-employed

Satin Creditcare Network is extending its digital lending app ‘Loan Dost’ to self-employed people apart from salaried professionals. The app is available on Google Play Store for Android users. The app will now enable self-employed people availing instant loans of up to Rs. 1.5 lakh thereby bridging the massive credit gap. The company said this step is  to encourage self-employment and small scale entrepreneurs. Anyone earning Rs 20,000 or above is eligible to apply for loans through the app. The platform’s user friendly interface will enable applicants to sign up by providing the necessary identification documents and avail loan in their accounts within 20 minutes without human intervention. Coupled with psychometric based decision making it gives better risk assessment and improved financial underwriting. H P Singh, chairman and managing director, Satin Creditcare Network, said ‘Loan Dost’ taps the instant, small loan requirements of urban and semi-urban population, budding entrepreneurs of small scale businesses so that they can experience seamless transaction with ease. The company’s in-house technology development center had designed and developed the Loan Dost platform and has been instrumental in the digital transformation journey of the company.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PR Newswire

Copyright © Glocal Infomart Pvt Ltd. All rights reserved. Usage of content from website is subject to Terms and Conditions.