AnyTimeLoan.in: INDIA Make & Take Money on Demand, At a Click
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Keerthi Kumar Jain, Founder & CEO
The advancement in automation and innovation deployed in offering loan products to lenders and borrowers has driven alternative lending asset class into a mainstream. With ongoing disruption brought by P2P lending and the need to provide borrowers with more funding and better terms, financial institutions have been confronting constantly evolving demand to improve the lenders’ experience. An active player in this domain, Hyderabad headquartered AnyTimeLoan.in (ATL), focuses on developing technologies and algorithms to assess creditworthiness for instant loans and better interest rates. The organization embarked on a journey to make credit available to unbanked population via mapping their digital footprints. While extending a reliable, scientific and transparent system wherein lenders can create regular sustainable wealth, ATL educates its customers about lending as an alternate asset class and the scope of it generating better returns.
The new set of regulations by RBI to validate P2P (peer-to -peer) lending/borrowing model has significantly brought asset class for all the investors looking for higher returns as compared to in traditional investment products. Adhering to continuous growth in alternative lending, ATL has designed a Credit Approval Engine. The customers entitled to benefit from the platform are the ones wishing flexibility, instant liquidity, immediate approval, and hassle free - paperless loan processing. ATL facilitates instant loan products that cater a wide spectrum of customers’ requisites such as personal loan (required for immediate needs for an amount up to 5Lacs), K12 education loan (for primary and secondary school tuition fee up to 5
Lacs) and MSME business loan (business loans on the go for up to 10Lacs). “The platform is driven by AI algorithms that not only assess borrowers’ worthiness but ensure best suited, 24/7 decisions to its borrowers and better asset class for its lenders” explains Keerthi Kumar Jain, Founder & CEO, AnyTimeLoan.in.
Emphasizing on assured returns for lenders and to render quick and a low interest credit for borrowers, ATL strives to provide a substantial advantage over traditional forms of investments. ATL’s P2P lending platform ensures higher rate of returns (over 28 percent) when compared to banks that offer 4-6 percent. To augment traditional loan approval methods, ATL deploys artificial intelligence(AI), machine learning and predictive science as core technologies in order to maximize returns for its lenders and minimize cost for its borrowers.
“Presently, AnyTimeLoan.in has evolved its systems to an extent that we can assess worthiness of an applicant in real time without seeking any physical documents and grant instant loans as small as INR 1000 to as high as INR 10 lacs for as low as 1 day to maximum 3 years loan tenure”, adds Keerthi. Apart from individual investor, a platform like ATL, which minimizes human intervention, can be a great tool for large banks, financial organizations to leverage on such technology. Looking forward to reach a monthly disbursement milestone of INR 100 Crore, ATL envisages bringing more than 10000+ lenders together to experience seamless business operation and enable millions of Indians to transform their savings into wealth.
ATL educates its customers about lending as an alternate asset class and the scope of it generating better returns
Emphasizing on assured returns for lenders and to render quick and a low interest credit for borrowers, ATL strives to provide a substantial advantage over traditional forms of investments. ATL’s P2P lending platform ensures higher rate of returns (over 28 percent) when compared to banks that offer 4-6 percent. To augment traditional loan approval methods, ATL deploys artificial intelligence(AI), machine learning and predictive science as core technologies in order to maximize returns for its lenders and minimize cost for its borrowers.
“Presently, AnyTimeLoan.in has evolved its systems to an extent that we can assess worthiness of an applicant in real time without seeking any physical documents and grant instant loans as small as INR 1000 to as high as INR 10 lacs for as low as 1 day to maximum 3 years loan tenure”, adds Keerthi. Apart from individual investor, a platform like ATL, which minimizes human intervention, can be a great tool for large banks, financial organizations to leverage on such technology. Looking forward to reach a monthly disbursement milestone of INR 100 Crore, ATL envisages bringing more than 10000+ lenders together to experience seamless business operation and enable millions of Indians to transform their savings into wealth.
