Home loan and technology: the advantages of an online application
With digitalization permeating all aspects of modern life, making it easier for consumers to purchase goods and services, the mortgage industry is not too far behind. What was unimaginable even ten years ago is now a reality – where an interested applicant can avail of a home loan almost entirely online, avoiding the dreaded branch visit. Technology has revolutionized global markets and changed the way people borrow loans in Indian markets. Convenience is the need of the hour, and technological improvements ensure maximum consumer comfort even when taking out a home loan.