If you are thinking of taking a loan sitting in the house during the Corona period, you can do so. The private sector Yes Bank has launched a Loan in Seconds scheme for this. Customers will not have to come to the bank for this loan, they can apply for it through net banking.
Through this scheme of the bank, the pre-approved liability account holders will get the retail loan immediately. The loan amount will come immediately to their account, for this no documents will have to be submitted nor will there be any need to go to the branch. The objective of this digital initiative is to provide uninterrupted instant loans to customers without having to go to the bank branch and help them meet their financial needs without any documentation.
The bank said in a statement that the good thing about this new scheme is that customers will not have to come to the bank for this loan, they can apply for it through net banking. In the midst of the Corona crisis, the scheme will provide considerable relief to the bank's customers. The bank says that in view of the financial problems faced by the people during the Corona period, this facility has been started.
Eligible customers of Yes Bank for loans in seconds will be contacted on behalf of the bank itself. A link to apply for an instant loan will remain in the email or message sent to them. Customers will have to verify and accept the final offer, after which the loan amount will immediately go to their account. According to the bank, the loan application is assessed in real-time under this scheme. This does not take long paperwork and the customer gets the loan quickly.