State Bank of Bikaner and Jaipur, the associate bank of State Bank of India has launched a new platform to sanction home loan applications online. The process will take around 20 minutes.
For the purpose the interested customers can visit the web site of the bank and can fill the online application form. An automatic eligibility check is then run. If the customer stands well on the ground then a sanction letter and reference number will appear on the screen.
For further procedure, the customer will have to visit the bank branch.
The Managing Director of State Bank of Bikaner and Jaipur, Mr. Shiva Kumar said, "We have created an integrated back-end processing facility, online business centre, to attend to the customers on a 24/7 basis."