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Karnataka Bank launches KBL Xpress Car Loan

16 Dec 2019 Evaluate

Karnataka Bank has launched KBL Xpress Car Loan, a digitized version of Car Loan Finance. Introduction of KBL Xpress Car Loan allows in-principle sanctions in less than 20 minutes at customer’s choice of place and time. This technology enabled solution has additional digital capabilities to provide end-to-end best in class customer experience. Customers KYC authentication, bureau score, income, risk assessment etc will be performed on real time basis which enables a hassle free and complete digital loan sanction.

Karnataka Bank operates as a private sector bank. Its products and services include current account, demand, time, cumulative, cash certificates, insurance linked savings bank deposits, resident foreign currency accounts and senior citizens deposit schemes.

Peers
Company Name CMP
HDFC Bank 729.10
ICICI Bank 1337.10
Axis Bank 1240.90
Kotak Mahindra Bank 412.80
Indusind Bank 957.10
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