Editorial Team

 “LT FLoW” a digital lending platform is all set to unveil “I-Loans”, the new face of “Bajrang Financial Ltd.”, a traditional Two-Wheeler finance company based out of Delhi. Under the new avatar, I-Loans will be providing impact personal loans for blue-collar workers, electric two-wheeler finance & MSME loans to retailers.

LT-FLoW is an embedded finance platform designed by LoanTap that helps product and service companies to marry new age or traditional lender and provide credit facility on the platform. The initiative is specially designed for customers to avail instant credit for Electric Two-Wheelers, its digital presence through an application further facilitates, easy EMIs, flexible repayments, and fast processes. 

The I-Loan application will help customers to avail loans digitally via a few clicks, making it easier for customers to access credit at their convenience. 

Mr. Mayank Sangani, CBO, LoanTap, on the occasion said, “The transformation of Bajrang to I-Loans is a strategic move by LoanTap to provide easy and quick access to availing electric vehicle loans and it is also a collective effort to provide a singular platform for various products and services, which are being offered by us. We at LoanTap are aiming at complete financial inclusion and hence have chosen to digitize the platform. Through this step we aim at catering to Tier-1,2 and even the rural areas of the country, it is easier for potential customers to login on a website/application rather visiting a physical branch.”

The company also highlighted a digital platform – LT FLOW, which has been designed by LoanTap for NBFC peers and Lenders, set to improve the overall impact of business. LT FLoW offers the following benefit to its users:

  • End to end digital platform with plug and play features 
  • Highly scalable to configure various products and services thus increasing reachability to cities/towns via digital channels 
  • Complete freedom on the financial products which can be offered to borrowers through this platform
  • The platform is enriched with AI/ML and analytics to better understand customer persona and enrich customer experience  

Speaking on this venture, Mr. Gautam Sinha, Senior VP Technology, added, “LT FLoW will allow entities to source, enrich, underwrite and manage portfolio. It will also reduce TAT with extreme automated workflow and API supported infrastructure. With the help of LT FLoW, entities can easily start digital KYC, NACH, and agreement, along with AI powered credit decision. This would allow NBFCs to immediately start driving business through digital channels instead of building another platform. We at LoanTap are trying to renovate the financial dynamics, and we hope this will facilitate it”

 The benefit of LT FLoW is easy scalability in cities or towns by increasing the reach and creating complete freedom on the financial products which can be offered to borrowers. Through the application, the employees can predict credit Loss and Delinquencies.

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