MoneyWorks4Me

SBI enters into tie-up with bankbazaar.com

14 Jul 2015 Evaluate

State Bank of India (SBI), the country’s largest lender, has entered into tie-up with online financial product aggregator ‘bankbazaar.com’ along with its subsidiary ‘SBI CAP Securities’. This tripartite MoU will help the bank to provide yet another online platform to the prospective tech savvy home loan borrowers to apply for SBI Home Loans online.

The tie-up also highlights SBI’s strategy to augment its home loan portfolio by leveraging digital channels and increasing its presence in the digital/online space.

Bankbazaar.com offers end to end solutions to the home loan seekers from getting the customized quotes, comparison of the offers and submission of online application to SBI.



Peers
Company Name CMP
State Bank Of India 984.50
PNB 116.80
Bank Of Baroda 232.40
Canara Bank 123.90
Union Bank Of India 177.45
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