In its latest effort to sustain its status as a complete eco-system for buyers to have an impeccable automobile owning experience and to provide quick sanctions on loans for both old and new cars, Droom has tied up with Axis Bank.
“We hope that faster loan disbursal mechanism will provide customers with a buying experience that is hassle-free, secure and convenient,” said Rishab Malik, Co-Founder and VP, Business.
Loans being an integral part of almost all new and used car purchases, up to 85% of the car value will be provided for with a tenure of 1-5 years. Rishab further added, “Axis bank is globally recognized as one of the most reputed financing organizations with a successful track record of disbursing loans in a quick turn-around time.”
Jagdeep Mallareddy, Head Retail Lending, Axis Bank said, “Axis Bank always endeavours to provide digital solutions to its customers, providing them enhanced customer experience and ease. This valued partnership with Droom is yet another step in our digital offerings.”