Mumbai, September 27, 2023: E-Revbay Pvt. Ltd., a fintech start-up, introduces two game-changing D2C products, My Loan Bhai and Car Par Loan, to revolutionise credit decision-making for customers seeking loans from banks and NBFCs. Both of these customer-facing websites aim to make a customer’s loan journey intelligent, transparent, and easy.
My Loan Bhai redefines the loan experience by focusing on a customer’s credit history. Unlike other loan aggregators, My Loan Bhai offers a unique feature: free credit analysis for customers. This tool provides a comprehensive view of a customer's current financial obligations and advises them on the best options for raising funds by way of a personal loan, a home loan top-up, or a car loan.
The Credit Analysis Report (CAR) generated by My Loan Bhai is based on Equifax Credit Bureau Score, backed by AI-based proprietary algorithms developed by E-Revbay. The detailed CAR offers debt consolidation advice, ensuring customers make informed financial decisions. My Loan Bhai's mission is clear: to empower individuals to understand, manage, and navigate their loans effectively.
Car Par Loan stands out by enabling customers to get a bank loan of up to 200% of their current car's value. Car Par Loan uses a combination of a customer’s car information and their credit score to offer the best loan options for purchasing a new or used car or even leveraging one’s existing vehicle. This innovative approach ensures that customers can top up their car loan up to 200% of the car’s current value.
E-Revbay is a fintech start-up based in Mumbai. The four-year-old company has created a tech-enabled DSA aggregation platform called Finqy (pronounced fin-key) in the B2B space. The company is also
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