CNN Central News & Network–ITDC India Epress/ITDC News Bhopal: FinDoc Finvest, the Non-Banking Financial Company (NBFC) arm of FinDoc Financial Services, is pleased to announce its entry into digital lending in India with the launch of short-term personal loans. This strategic move marks a significant milestone in FinDoc Finvest’s mission to provide accessible and affordable credit to underserved individuals in India.
By foraying into digital lending services, FinDoc Finvest aims to bridge the credit gap for individuals and further bolster the digital lending scenario across the country. FinDoc Finvest’s digital lending platform offers Instant loan approvals, quick disbursals and Paperless and hassle-free application process. The loan applicants can apply online via Findoc’s website or the mobile app, eradicating the need for a personal visit and the entire paperwork can also be done swiftly in a very transparent and seamless mode
The short-term personal loans will cater to the financial needs of salaried individuals, self-employed professionals, and small business owners. FinDoc Finvest aims to address the credit gap in the Indian market by providing loans ranging from ₹25,000 to ₹100000 with repayment tenures of 4 to 6 months.
Commenting on the launch, Mr. Hemant Sood, Managing Director, FinDoc Finvest, said, “We are excited to launch our digital lending platform in India. Our goal is to provide easy access to credit for those who need it most, promoting financial inclusion and economic growth.“
Mr. Sood added, “There are numerous remarkable gaps in the digital lending space, even as the sector continues to expand rapidly. At FinDoc Finvest, our vision is to address these gaps through innovation, technology, and customer-centric approaches which will be key to the long-term growth and sustainability of the digital lending space.”
