New Enroll in our GIC Finance Online Course Here!

    Register

    Question

    A digital banking application, INDIE setting a target to

    onboard 10 million customers within the next three years & enable users to obtain an instant line of credit up to Rs 5 lakh, with the flexibility to choose only the amount they need.Which bank has launched this app? 
    A Federal Bank Correct Answer Incorrect Answer
    B Indian Bank Correct Answer Incorrect Answer
    C IndusInd Bank Correct Answer Incorrect Answer
    D Indian Overseas Bank Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    IndusInd Bank unveiled its digital banking application, INDIE setting a target to onboard 10 million customers within the next three years. INDIE provides a suite of adaptable financial solutions tailored to individual client requirements. One such feature enables users to obtain an instant line of credit up to Rs 5 lakh, with the flexibility to choose only the amount they need. During repayment, customers also have the freedom to set their loan tenor.In addition, the app boasts a transparent rewards programme, wherein users can select their favourite brands from leading e-commerce platforms.

    Practice Next