Karnataka Bank has launched the ‘KBL Loan Junction’, an online retail web portal.
This initiative, according to a press release by the bank, will provide loan seekers a with platform to check their eligibility for any of the loan products, and find out the status of their loan applications, online.
The portal helps them get updates about their loan application through SMS and email.
Launching the facility in Mangaluru on Friday, P Jayarama Bhat, Managing Director, said that KBL Loan Junction is compatible with mobile phones, laptops, desktops, and tablets.
“With the opening of this portal, the bank is providing the facility of online submission of applications for retail loans and credit proposal tracking system,” he said.