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IDFC Bank, IndiaLends partners for loan services to first timers

IDFC Bank has associated with the fintech startup IndiaLends for enabling first time borrowers to take loans who do not have a credit history.

Accoring to the IDFC Bank, it is a differentiated personal loan solution that will be offering instant loans approval through a completely digitised process to first time borrowers.

IDFC Bank has said in a release that “Loan requests by salaried applicants without credit history will now be processed on a real time basis. The unique solution is bieng offered through a tie-up with IndiaLends, a financial technology startup.”

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