Karnataka Bank launches doorstep gold loan facility in collaboration with SahiBandhu.
Banking & Finance
Karnataka Bank has launched a “Door-Step Gold Loan” facility named “KBL-Swarna Bandhu” for its customers. Karnataka Bank has launched a “Door-Step Gold Loan” facility named “KBL-Swarna Bandhu” for its customers. In a statement, Karnataka Bank said this is a unique product for gold loans with end-to-end digitization. Through this product, the Bank will be able to provide Gold Loan Services at the customer’s doorstep. To implement the doorstep gold loan facility, Karnataka Bank has partnered with SahiBandhu, an aggregator platform for gold loans backed by The Manipal Group. SahiBandhu will act as a Corporate Business Correspondent and a Lending Service Provider.
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