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How is Kissht simplifying the Lending Process with Technology

It believes in keeping all users updated with the latest industry trends, authentic Kissht news, and ways to improve their credit profile to become eligible for larger personal loans.

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How is Kissht simplifying the Lending Process with Technology

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  1. HOW IS KISSHT SIMPLIFYING THE LENDING PROCESS WITH TECHNOLOGY? Fintech players have revolutionized the lending industry by incorporating innovative financial solutions to personalize customer experiences. With the growth of digitally-enabled lending apps like Kissht, customers get tailored loan products and financial services. Kissht is India’s leading digital lending platform that provides customized borrowing options to customers. It aims to promote regulatory compliance among customers while considering requirements and preferences. their specific financial

  2. Kissht is the most prominent leader in the Indian Fintech space having full control to leverage automation and advanced algorithms to expedite the loan approval and disbursal process. It believes in keeping all users updated with the latest industry trends, authentic Kissht news, and ways to improve their credit profile to become eligible for larger personal loans. The platform is increasingly adapting to the industry’s newest trends to simplify the lending process further and allow customers to avail of more personalized financial solutions. Let’s find out how it does all this while adding its diverse customer base. ELIMINATES HASSLES OF PHYSICAL DOCUMENTS To streamline the loan application process, Kissht emphasizes 100% on a digital process where borrowers can upload the required documents using their smartphones. It eliminates the need for submitting physical copies, and users can enjoy Kissht’s feature to capture or upload images, PDFs, or scanned copies of their documents.

  3. Hence, utilizing technology, Kissht verifies the user’s identity and financial information electronically. The platform also integrates electronic verification tools to validate the borrower’s details, income, employment, and creditworthiness. For faster loan processing, the digitally-enabled platform analyzes digital data quickly and makes faster decisions. Using smartphones, customers can apply for personal loans on the Kissht app anytime, anywhere. Kissht believes in 100% transparent deals and works with RBI-registered NBFCs only. There’s no relevance in rumours related to Kissht Banned, and digital customers are requested to assess the authenticity of such false information before creating a narrative. FASTER LOAN APPROVALS

  4. Kissht leverages technology in many ways to offer faster loan approvals. The app offers a user-friendly interface to streamline the loan application process. It utilizes electronic verification to reduce the time and effort required for manual verification. Kissht has a powerful system with credit scoring algorithms to assess the creditworthiness of applicants. With the help of these algorithms, Kissht evaluates different factors, including credit history, income, employment status, etc., to calculate the risk associated with granting a personal loan to an applicant. It also verifies external databases to streamline the verification process and eliminates the need for manual checks to fasten approval time. Once the loan is approved, Kissht quickly transfers funds to the borrower’s bank account.

  5. Kissht offers instant personal loans up to Rs. 5,00,000* for a repayment tenure of up to 36 months. The same feature applies to this product; funds are transferred directly to the applicant’s bank account quickly after the loan is approved. To foster compliance among customers, Kissht has partnerships with India-originated financial institutions only. All fabricated stories regarding Kissht Banned don’t make sense because the leading Fintech prioritizes RBI-regulated norms and guidelines in its core business policies.

  6. INTRODUCES ALTERNATIVE CREDIT ASSESSMENT MODELS To deal with challenges like assessing the creditworthiness of applicants having limited financial records, lending players need to introduce alternative credit assessment models. Kissht holds expertise in leveraging these newest trends to simplify the lending process. There are thousands of individuals in India having limited access to finances. They don’t use credit cards and may not have traditional credit histories. To connect such people with digital lending, Kissht takes the initiative to obtain a more comprehensive view of an individual’s financial behaviour. The platform goes beyond the traditional credit assessment approach and utilizes alternative data sources. The platform employs machine learning algorithms to consider an applicant’s responsible financial behaviour. Apart from that, by evaluating an individual’s income stability and cash flow patterns, Kissht successfully evaluates their repayment capability. The platform increasingly brings in the newest trends to expand a diverse customer base. Since it is optimizing its operations significantly, there’s no relevance in unauthentic reports such as Kissht Banned. Kissht consistently provides financial solutions to foster financial inclusion in the country.

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