State Bank of India launched Online Customer Acquisition Solution

May 30, 2015, 10:28 IST

This online application will enable customers to apply for home, car, education and personal loans online and get an instant e-approval.

The State Bank of India (SBI) on 29 May 2015 launched an Online Customer Acquisition Solution (OCAS). It is an online platform to apply for Home Loans, Car Loans, Education Loans and Personal Loans.

The application was launched by SBI Chairman Arundhati Bhattacharya.

Features of the Online Customer Acquisition Solution
• The application will help the customers gauge their eligibility and get a quote personalized to their requirement.
• The customer will instantly get an e-approval on filling the online form.
• Thereafter, the Bank officials will contact the customer and complete all the loan formalities. Customers can even upload all necessary documents online.

The OCAS was launched with an aim to empower customer and reduce the processing time of their loan.

Besides, SBI will soon launch a similar application for the mobile platform.

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