Navanc & Loan Network Partner to Revolutionize India's Home Loan Landscape
Navanc, a Bengaluru-based fintech startup, has partnered with Loan Network to revolutionize India's home loan landscape. The collaboration aims to streamline the loan process, enhance transparency, and broaden access to approved projects for homebuyers.
Navanc, established in 2021 by Nagachethan S M and Byom Kesh Jha, specializes in AI and ML models for secured lending. The company has a presence in 11 states and works with a wide range of financial institutions. Through its partnership with Loan Network, Navanc brings its AI-enabled property creditworthiness stack and score to the table.
Loan Network, a digital-native fintech platform, collaborates with over 70 top lenders in India. It envisions transforming borrowing decisions by anchoring them in transparency and data. The company's goal is to simplify the home loan journey through AI-powered technology, enabling instant loan offers. Recently, Loan Network introduced India's first builder on-site QR code, allowing walk-in buyers to discover the right lender in under 60 seconds.
The partnership between Navanc and Loan Network offers several benefits. It enables quicker home loan processing, foolproof due diligence on projects, and an end-to-end digital loan journey for home loan customers. The collaboration aims to facilitate faster evaluations and approvals, and broaden access to approved projects for homebuyers. Together, they aim to enhance efficiency, foster trust, and deliver a superior experience for all involved in the home loan journey.
Navanc and Loan Network have joined forces to revolutionize India's home loan approval process for developers and projects. By leveraging AI and digital technology, the partnership aims to make home loans quicker, more transparent, and accessible to a broader range of homebuyers.
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