Bajaj Finserv claims that it will offer in-principle loan approval in 5 minutes flat online, for loan against security. We tested it. Here is what Harjot Kaur, our analyst, found out
Harjot Kaur
Afew weeks ago, Bajaj Finserv (BFL) announced the launch of its online service for processing and approval of ‘Loan against Security’. According to its press release, it is the ‘fastest in principle loan approval – in 5 minutes flat’. Well, I applied for a loan online and my experience was very different. As I logged on to the website, the page looked neat and methodical, with all required information provided in a logical manner. Was this all that was good about this new service?
To read more on this click here....