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PNB Housing Finance partners with CreditVidya

PNB Housing Finance partners CreditVidya. This collaboration will enable PNB to perform employment e-mail verifications digitally for salaried individuals.

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DQC Bureau
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Western Digital

PNB Housing Finance recently partnered with CreditVidya. PNB Housing Finance Ltd has been known for fostering convenience & delight for its customers. This collaboration will enable PNB to perform employment e-mail verifications, digitally, for salaried individuals, thus providing seamless consumer experience and competitive offerings.

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Growing with a CAGR of more than 55% over the last five years, PNB is poised to serve the Indian customers with innovative products.

PNB Housing Finance Ltd, Executive Director (Risk Management) & Chief Risk Officer, Ajay Gupta, said, “We have been at the forefront of adopting digital technology to open new doors of customer convenience and serve the home aspirants in India. In partnership with CreditVidya, we will be able to leverage technology to perform online e-mail verifications and minimize fraud. In addition, we aim to reduce our operating costs and loan processing time.”

Abhishek Agarwal, Co-Founder and CEO, CreditVidya, added, “We are grateful to PNB Housing Finance Ltd’s management for continued support and belief in our solutions. Leveraging employment e-mail verification suite reduces third-party manual verifications, prevents human errors and minimizes fraud to enable faster loan approvals for salaried individuals.”

Mumbai-based CreditVidya’s data underwriting platform uses multiple traditional and alternative data points for accurate risk assessment, especially for first time borrowers, thus helping PNB Housing Finance Ltd and other retail lenders reimagine the credit ecosystem in India.

 

creditvidya pnb-housing-finance pnb
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