DBS Bank India unveiled its online credit solutions platform BANK NEWS


DBS Bank India unveiled its online credit solutions platform


New Delhi: DBS Bank India unveiled its online credit solutions platform with a credit worth of Rs. 20 crores on Wednesday (September 16, 2020) it will be available for the small and mid-businesses to avail the loan facility easily said in a release.

The bank’s customers can avail the loan with the simple and easiest way through the online process by uploading the bank statement for the loan above Rs. 5 crores.

The DBS Bank already completed its digital business loan platform including New Delhi, Mumbai, Chennai, Bengaluru, Surat, Pune, Nasik, Kolhapur, and Kolkata. While the loan of worth Rs. 1 crore is already disbursed in business engaged trading, manufacturing, and services in these markets. 

Now the bank is looking forward to offering the online credit platform to businesses in Gurugram, Noida, Navi Mumbai, Ahmedabad, Vadodara, Rajkot, Hyderabad, Coimbatore, Ludhiana, Jaipur, Nagpur, and Bhubaneswar, mentioned. 

Speaking in the unveil ceremony Shri. Niraj Mittal, MD & Country Head of Institutional Banking Group, DBS Bank India said, "We are attempting to leverage the true potential of our online credit platform and have continued to disburse credit, even amidst the lockdown. DBS has also been offering the 'Guaranteed Emergency Credit Line' scheme in line with the government's COVID-19 relief effort.”

Shri Sudarshan Chari, Head of Business Banking, DBS Bank India, said through this, the bank is sanctioning e-loan offers in a matter of hours, significantly faster than the current market standard of over a week.

Posted Date :  17-09-20

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