India’s largest banking
entity State Bank of India (SBI) has launched Online Customer
Acquisition Solution (OCAS), an online platform to apply for loans.
This online platform will enable SBI customers to apply for home,
education, car and personal loans online. On filling the online form for
loan requirement depending upon their eligibility customers will
instantly get an e-approval.
Thereafter, the bank officials will contact customers and complete all
the loan formalities. The application will also help customers to upload
all necessary documents online, thus empowering the customer and also
reducing the loan processing time.
The public sector bank is also planning to launch a similar platform on
the mobile application as part of its aggressive move to adapt with
different modern technology platform, in an attempt to change the way
public sector banking is viewed.
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Read more at: http://currentaffairs.gktoday.in/sbi-launches-online-customer-acquisition-solution-loans-05201523182.html
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