DCB Bank, Easy Home Finance partner on affordable home loans in India
DCB Bank, a prominent private sector bank, and Easy Home Finance Limited (EASY), a leading mortgage tech company in India, have entered into a strategic co-lending business alliance. This collaboration aims to revolutionize the affordable home loan sector in India by combining DCB Bank’s extensive experience in housing finance with EASY’s technological prowess.
Leveraging Expertise for Seamless Home Loan Processing
This alliance is set to leverage DCB Bank’s expertise in the affordable housing segment and EASY’s advanced tech capabilities to facilitate quick and efficient disbursement of home loans. DCB Bank has a strong portfolio in prime home loans, affordable home loans, Loan against Property (LAP), Micro-LAP, and construction finance for developers. EASY, as a pioneer in the mortgage tech space, brings its innovative approach to streamline the co-origination, underwriting, and disbursement processes.
New Co-Lending Business Alliance Between DCB Bank and Easy Home Finance to Boost Home Ownership
Enhanced Customer Experience and Digital Innovation
Narendranath Misha, Head of Retail & Agri Loans at DCB Bank, emphasized the alliance’s potential to expand the bank’s reach in affordable home loan offerings. EASY’s Managing Director, Rohit Chokhani, highlighted the partnership’s focus on customer-centricity and digital innovation. The collaboration aims to make the home ownership journey easier for customers while offering interactive digital experiences.
Benefits for Home Buyers and Market Expansion
This partnership is expected to benefit customers by simplifying home loan procedures and reducing paper-based processes. DCB Bank and EASY are dedicated to expanding their geographical footprint and providing hassle-free, cost-effective home loan solutions. The alliance also marks a significant step in EASY’s growth as India’s leading Mortgage Tech Company, utilizing its proprietary homeownership technology platform, ‘Fox’.
Conclusion: A Leap Forward in Affordable Housing Finance
The collaboration between DCB Bank and Easy Home Finance Limited represents a significant advancement in India’s affordable housing finance sector. By combining financial expertise with innovative mortgage technology, the alliance is poised to transform the landscape of home ownership in India.