Karnataka Bank's pact for digital home loan sourcing

Karnataka Bank has entered into an agreement with Bank Bazaar (M/s A&A Dukaan Financial Services Pvt Ltd) for Digital Home Loan Sourcing.

The exchange of MoU took place in the corporate office of Karnataka Bank at Mangaluru by MD and CEO Mahabaleshwara M S and Adhil Shetty, CEO of Bank Bazaar.

‘Transformation’Speaking on the occasion, Mahabaleshwara M S said, “As a part of transformation exercise, the bank has engaged the services of BankBazaar, for sourcing the home loan leads digitally. This will be beneficial to millennials and tech-savvy customers to reach the bank’s home loan products in making the right choice.”

Speaking on the tie-up, Adhil Shetty, CEO, BankBazaar said, “It is very encouraging to have Karnataka Bank join hands with us for their home loan products. With this tie-up, we expect to build an integrated supply chain with Karnataka Bank. This will help our partner to reach a greater number of digital customers across India, while we now have wider product options for our customers.”