Lark Finserv’s end-to-end digital process will ensure minimal paperwork and quick disbursal
Rohit Pateria, Co-Founder & CEO of Lark Finserv
FinTech BizNews Service
Mumbai, July 12, 2024: Lark Finserv, a pioneer in digital lending solutions, has announced its partnership with India’s leading financial institution Bajaj Capital, for the launch of its fully digital Loan Against Shares and Mutual Funds.
With this innovative partnership, the service aims to empower investors by enabling them to easily access credit products through a seamless and efficient digital process against their investment assets.
In today’s fast-paced financial landscape, Lark Finserv’s new offering stands out by providing a quick, transparent, and hassle-free way for individuals to leverage their shares and mutual funds for instant liquidity. By integrating advanced technology and user-friendly processes, Lark Finserv ensures clients can obtain loans with minimal paperwork and maximum convenience.
Commenting on this partnership, Rohit Pateria, Co-Founder & CEO of Lark Finserv, said, “We are excited to introduce our fully digital Loan Against Shares and Mutual Funds. Our mission is to expand the ambit of the retail credit industry by making loans against securities accessible to a broad range of investors and new credit audiences alike. This new service reflects our commitment to innovation and customer-centricity. By leveraging technology and forming strategic partnerships, we aim to provide our clients with the financial flexibility they need, without the usual complexities associated with traditional lending.”
“With our strategic collaborations with Bajaj Capital, we are sure to offer seamless digital integration,” added Pateria.
Sanjiv Bajaj, MD & Joint Chairman of Bajaj Capital, said, “Bajaj Capital is always focused on delivering value to its clients. With Lark Finserv, we are confident that their innovative digital solutions will facilitate quick credit enablement against investors' securities. Clients today want fast and efficient loans against mutual funds, and Lark Finserv ensures timely access to funds for clients."
Key Features of Lark Finserv’s Digital Loan Against Shares and Mutual Funds:
· Fully Digital Process: From application to disbursal, every step is conducted online, eliminating the need for physical documentation.
· Quick Approvals: Leveraging advanced algorithms, Lark Finserv offers rapid loan approvals, ensuring funds are available when needed.
· Competitive Interest Rates: Clients benefit from attractive interest rates, making it a cost-effective solution for meeting urgent financial needs.
· Flexible Loan Amounts: Loans are tailored to the value of the shares and mutual funds, providing personalized financial solutions.
· Secure Transactions: Robust security measures are in place to protect client information and ensure safe transactions.
Lark Finserv enables clients of these platforms to access funds against securities just in time, enhancing financial flexibility and convenience. Lark Finserv invites all investors to explore this new offering and experience the benefits of a streamlined, digital lending process.
