Housing Development Finance Corporation (HDFC) has teamed up with Accenture to digitally transform its lending business. The transformation exercise is aimed at making the mortgage financier's lending lifecycle paper-less and agile.
The collaboration -- powered by cloud-native applications, machine learning, automation, and advanced analytics -- will revamp the HDFC’s customer experience and business processes to provide greater operational agility and efficiency, and drive business growth. The platform includes a user-friendly mobile application and a web-based portal for customers.
HDFC offers a whole gamut of products like loans to individuals, loans to corporates, construction finance, and lease rental discounting. The financial conglomerate has subsidiaries and associates in insurance (general and life), asset management, education finance, venture funds and banking services.
