LoanStudio’s single line vision was to make loans accessible and applying for loans hassle-free for their target market. They came to Coruscate with an idea about how they envisioned digital lending. A challenging proposition with complex algorithms needed a simple solution that is both functional and accessible.
TA simple process for the 7 different types of loan addressed by loan studio should be followed, updated, managed and verified by the application.
Everything from managing documents to verifying against CIBIL score, and getting in touch with the banks should be done by the LoanStudio.
The applicants should be able to view all the possible permutations and combinations with respect to bank, for their loan requirement.
The applicants should be able to track their loans.
The applicant should be able to apply for the loan at any time, and they should be able to calculate their interests and other necessary liabilities, without human intervention.
The processes pertaining to start and end of the loan should be dynamic.
We offered them a user-friendly, usable and functional website that would educate the borrowers, help them with the loan processes, etc. making their lives easy. A pre-defined checklist would be drawn on the website for each loan type, and the user would need to upload the documents accordingly. The solution offers a single-click upload to the users, making document uploading and managing or viewing the loan application easy.
The loan studio, in sync with the bank, has prepared a comprehensive checklist that
Applying for loans is no longer hard. The three step process allows
Know the EMI you might have to pay against the loan with this EMI calculator.
At any point of time, based on the Dastavej value of the property
The users can easily track where their application is at present with this feature.