Bank of Baroda (BOB) Whatsapp Banking for Check Balance and Mini Statement
Bank of Baroda (BOB), the country's third largest state-owned bank, has launched its digital lending platform. This will enable retail customers to get online loans through paperless process according to the place and time of their choice. You no longer have to go to the banks to get a loan for a house or a car. With this facility of BOB you will get retail loan in minutes and approval of home loan, car loan or personal loan application will be approved in half an hour. Customers will have to pay it later in easy installments. The bank's customers can ask for the required amount in their savings account and then convert it into EMI and pay it in 3-18 months through the bank's mobile banking application M-Connect Plus. This task will take only 60 seconds. Home loans, car loans and personal loans will be approved in just half an hour through BOB's new digital lending platform. Digital loan processes are found through various sources of the loan applicant's financial profile. This new facility of BOB can be availed through website, mobile banking, internet banking. The bank is also offering loans against fixed deposits. This means that customers who have FD in the bank can take a loan immediately through mobile banking or net banking. The bank estimates that retail lending through the digital lending platform will grow by 74% over the next five years.
Tag : ONLINE SERIVCES