Finway sets loan disbursement target of INR 250 crore in the current fiscal

Finway, India’s leading Financial Services Company sets loan disbursement target of INR 250 crore for the ongoing financial year. Finway is an exponentially growing lending platform that has tie-ups with 100+ financial institutions to provide its customers with a holistic range of financial products like Loan Against Property, Home Loans, Personal Loans and Business Loans involving cutting-edge digital technologies like AI, ML, Programmatic, and various customised software. The company decided to fix a target 150 per cent more than the previous year that was Rs. 100 crores (achieved).

Despite the ongoing slowdown, Finway performed exceptionally well in all the major product categories, including Personal Loan, Loan Against Property, Home Loan, Business Loan, Loan for Startups, and Credit Inclusion Loan.

To achieve INR 250 crore target, Finway is aggressively increasing its DSA network and engaging with potential customers on social media. Besides, adherent to its value system and quality policies, the company is always working on improvising their operating procedures to ensure that the borrowers are getting the much-needed credit on time and with the utmost ease.

Incorporated in January 2017, Finway is consistently witnessing 20 per cent month-on-month growth which is another remarkable achievement for a new startup in the current market scenario.

From time-to-time, the company has worked closely for the convenience of its customers and the recent arrangements for 24X7 free consultation helpline as well as utilizing the Predictive Intelligence Technology (PIT) to assess the payback capacity of loan seekers/borrowers confirm the same. Along with this, the company is taking regular and true initiatives for bringing innovative technological advancement in the industry and their financial literacy programs on YouTube Channel reflects the commencement of the same.