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Personal Finance

How technology has helped evolve a paperless model

Updated : April 25, 2019 11:15 PM IST

If we observe the personal loan market in the current day (especially the type of lenders operating in this space), technology has played a big part in making the application process easier and more convenient for the consumer.
One of the first stages of the loan process is the initial eligibility check that happens immediately after you provide your PAN and Aadhaar information.
Thanks to the provision offered by lenders to submit your supporting documents online, physical paperwork has almost entirely been eliminated.
How technology has helped evolve a paperless model

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