Log on to "www.apnaloan.com" for loans

Chennai, Apr 3 (UNI) Looking for a loan. Then log on to "www.apnaloan.com", the exclusive online network that provides the options of getting loans through all the leading financial institutions.

www.apnaloan.com CEO Harsh Vardhan Roongta told media persons here today that over three lakhs consumers had benefitted from the services offered by the portal during the last six years.

He said the online network provides the options of availing loans through all leading financial institutions like HDFC Bank, ICICI Bank, Standard Chartered Bank, City Bank, Bank of Punjab, HSBC, Countrywide, State Bank of India and many other small and medium banks.

If any one is in need of a short-term personal loan or a long term loan, just log on to www.apnaloan.com and register their requirements, the banks would soon approach them, with their loan packages.

The customer can actually 'pick and choose' the lender/product, which suits his/her requirements, he added.

The portal offers its customers the option of availing any kind of loans namely personal loans, home loans, educational loans, car loans and credit cards.

The basic aim was to reach out to all segments of borrowers and get them the best and cost effective loan products.

He said the company makes its money from small commissions from the lenders and not from the customers.

To a question, he said though the sudden hike on the housing loan interest might slowdown the demand for housing loans, it would have less impact on personal and other loans.

Mr Roongta said the company was targetting an annual income of Rs 1000 to 1500 crore in the next couple of years.

UNI