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.