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SBI brings home loans to doorstep
Country\'s largest lender State Bank of India (SBI) on Friday launched an initiative to provide doorstep services and expedite home loans application process. Christened as \'Project Tatkal\', the service will help get the loan within 10 days after receipt of application and relevant supporting documents, the bank said in a release.
Project Tatkal will help get loan within 10 days
Mumbai: Country's largest lender State Bank of India (SBI) on Friday launched an initiative to provide doorstep services and expedite home loans application process. Christened as 'Project Tatkal', the service will help get the loan within 10 days after receipt of application and relevant supporting documents, the bank said in a release.
"It will bring down the average time taken for delivery of home loan to within 10 days from the date of receipt of completed home loan application form and relevant supporting documents from the customer," the bank said. The implementation will be done at large centres with sizable home loan business.
The bank has also recently introduced an online customer acquisition solution (OCAS) for instant e-approval of home loan applications. The bank has over three million home loan customers with a portfolio of over Rs 16.6 lakh crore.
