HDFC Bank offers instant loan plan for its customers

HDFC Bank offers instant loan plan for its customers
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HDFC Bank offers instant loan plan for its customers. Country\'s second-largest private sector lender, HDFC Bank launches a 10-second paperless instant loan plan for its existing customers.

New Delhi: Country's second-largest private sector lender, HDFC Bank launches a 10-second paperless instant loan plan for its existing customers. "HDFC Bank will now disburse personal loans to its customers in just 10 seconds. With this product, existing customers will have a pre-approved loan amount available to them 24x7," the bank said in a statement.

The entire process of availing the loan is completely paperless, and users can simply log into their bank account via net-banking or mobile banking and avail of this loan at a click, it added. The loan is completely hassle-free and transparent. Users will no longer have to wait for disbursement of funds, particularly in medical or other types of emergencies.

"It is like having a real cheque in one's virtual wallet and is part of our mission of enabling customer delight by creating simple and speedy banking solutions that are available at a click," the statement said.

Commenting on the development, the Bank’s loan business head Arvind Kapil said: "Most customers expect banks to connect the dots between online and offline options to deliver convenient, consistent service." The loan is being offered under HDFC Bank's digital banking platform GoDigital.

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