Paperless Home Loan Facility: Due to the paperless facility of home loan, the number of customers taking home loan is expected to increase.

New Delhi:

Paperless Home Loan Facility: Now your dream of buying a house will be fulfilled soon without any hassle, because you will soon get a new facility for home loan.

Actually, the Modi government at the center wants to emphasize on digitization.

The government is continuously taking several steps to promote digitization.

In this episode, the government is going to provide the facility of paperless home loan.

The Ministry of Electronics and Information Technology (MeitY) has given this information by issuing a notification.

According to the notification issued by the Ministry, work is being done to make the process of home loan paperless and easy.

Regarding this, the ministry says that approval has been given to bring the home loan in the digital category.

After which, with the speed in getting the home loan, this whole process will become much easier.

Presently, work is going on fast to introduce this facility.

Let us tell you that the paperwork process for home loan is very complicated.

But with the advent of this facility, you can complete the home loan process within minutes.

Officials of many banks say that with the introduction of paperless home loan facility, there can be a huge jump in the number of customers taking home loans.

At the same time, Dinesh Kumar Khara, chairman of State Bank of India (SBI), one of the largest public sector banks in the country, has said that loan facility is being provided in minutes through SBI's YONO App. .

Through YONO App, SBI is providing online facility of home loan to its customers along with other types of loans like gold loan, car loan etc.

Loans up to 65000 crores have been given through this app.

At the same time, he has also said that we are expecting this figure to reach 1 lakh crores this year.

Debajyoti Ray Chaudhuri, MD and CEO of National E-Governance Service Limited (NESL), said that banks are working on providing the digital process of home loan.

He said this in a conference of Indian Bank Association Banking Technology.

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