Karur Vysya unveils tab-based banking facilities

The project has been christened ‘KVB - Next.’ As one of first such facilities in the domestic banking sector, KVB launched tab-based digital processing of retail and business loans by which eligible customers can be assured of an in-principle sanctions within 15 minutes. 

PR Seshadri, MD-CEO, said, “KVB has been reinventing itself to improve the quality of products and services. The bank has been trying to make these products more convenient and more accessible for the benefit of the customers. Work is continuing at the KVB Digital Centre of Excellence to unveil more such products in the course of the coming days.”

To take advantage of the evolving digital structure (UIDAI, NPCI) and the digital maturity of both retail and commercial customers, after about a year of innovative work, the bank launched KVB - Next. 

The digital versions of different kinds loans for businesses will enable customers to receive quick decisions a through a tab based application. Customers can have their applications processed through the digital mode in less than 15 minutes.  The Bank also launched “KVB - Dlite” an all-in-one upgraded mobile banking app.