FAQ's

1. Encryption - Robust, industry-standard security protocols that ensure data integrity and privacy. 2. Interoperability - Seamless integration with existing systems and diverse stakeholder's platforms. 3. Realtime Analytics - Advanced data analytics and reporting to the lenders to make accurate credit decisions. 4. Scalable Architecture - Flexible infrastructure supporting varying transaction volumes and user demands. 5. Innovative Platform - End to end digital solutions tailored for the mortgage industry such as - Digital Loan Acquisition (a seamless platform for loan seekers to interact with multiple lenders), Vendor Access (digital access for technical, legal and RCU vendors to submit reports for quick loan approval decisions by banks). 6. Verified documents & authentic details - In addition to the customer information available in all loan application forms, applicants' verified photo and UIDAI verified information will also be available to mitigate loan risk at the login level itself. 7. A separate dashboard for real-time tracking of onboarding of loan cases to customers, bankers at all levels from branch manager to vertical heads, and sourcing partners. 8. A separate dashboard for collection agencies for effective monitoring and collection of stressed accounts. 9. A separate dashboard for enforcement agencies to ensure timely SARFAESI action and physical possession of assets of NPA cases. 10. A separate dashboard for ARCs to track online acquisition of assets from various lenders. 11. A separate dashboard for technical vendors, legal vendors, RCU agencies to ensure robust support and reporting to the lenders on a real-time basis. 12. Comprehensive MIS - Detailed MIS for all stakeholders like Lenders / Sourcing Partners / Collection Partners / Enforcement Agencies / ARCs / Technical Vendors / Legal Vendors / RCU Agencies.

No, the loan seeker needs to make only one application for all the lenders available on MyRinBazaar.

Yes, He/She Can

Yes, all customers will be provided with a dashboard to get access to loan offers from all the lenders available on MyRinBazaar where they will receive the offers within next 48 hours from the time of submission of loan application.

Yes, loan sourcing agencies/companies can avail the facility of submitting loan applications to lenders using the sourcing code provided by the lender on this platform, their entire team can submit loan applications to lenders using the same sourcing code from multiple locations across PAN India. Not only this, on the first of every month, they can also get individual payment reports of their entire team members from the platform, all team members will have access to a dashboard from where they can view the sourcing work done and payment details on a real-time basis.

Yes, in case of queries in the submitted applications the bankers can not only resolve the queries online but can also collect the required documents from the customers online.

Yes, bankers can not only get online valuation from the technical vendor but can also collect required documents online from the clients for queries raised by the engineer on the property documentation submitted, and can also receive online bills for payment of civil engineer’s services and make online bill payments.

Yes, bankers can not only get online TSR from the advocates but can also collect required documents online from the clients for queries raised by the legal vendors on the property documentation submitted, and can also receive online bills for payment of legal services of advocates and make online bill payments.

Yes, bankers can not only get online FCU / RCU reports from the agencies but can also collect required information / documents online from the clients for queries raised by the agencies on the details & property documentation submitted, and can also receive online bills for payment of services of the agencies and make online bill payments.

Yes, bankers can not only get online collections from the agencies but can also get geo tagging of the offices / residences / securities for the delinquent cases list submitted, and can also receive online bills for payment of services of the agencies and make online bill payments.

Yes, bankers can not only avail SARFAESI/debt management services online from the agencies but can also receive online legal notices/ action taken reports / various records for the submitted NPA list, and can also receive online bills for payment of services of agencies and make online bill payments.

Yes, ARC can not only avail the facility of online bidding but also can negotiate the sale amount with lenders for the NPA cases offered for sale and can also check the security documents available in the NPA cases offered for sale online. ARC can also avail online services from various agencies which are available to bankers like Collection / Enforcement / Legal / Technical / FCU RCU, and can also receive online bills for payment of services of various agencies and make online bill payments, and can also make online payment to the lenders using payment gateway and settle the deal quickly.