What Sets Aurum KuberX Apart from Other Online Loan Aggregators?

The lending market in India is enormous. As per CRIF’s Home India Lends-Credit Landscape Report, the total size of the lending market in India reached INR 156.9 lakh crores in March 2021. The sheer size of this market is underpinning the demand for different types of loans, including home or property loans, personal loans, car loans, etc. While the traditional lending market exists, online loan aggregators are gradually becoming popular. Online loan aggregators have grown immensely recently, attracting a large population across the country. These platforms aim to simplify the entire lending process by offering comparisons between loans, hassle-free procedures, and no hidden charges.

However, most of these online loan aggregators have more or less the same offerings. Even though these platforms aim to simplify the lending process, certain loopholes exist. KuberX, a new age tech-based online loan aggregator, aspires to address these drawbacks in the existing systems and make buying a loan even more sophisticated. With four primary offerings of property or home loan, balance transfer, top-up loan, and home loan against property (LAP), KuberX is entering the market to simplify the loan buying process for individuals.

KuberX- The Difference Maker

Much like other online loan aggregators, KuberX is also focused on making the lending process easy for customers. But unlike our competitors, we are offering something more valuable to everyone.

Vast Network with Loan Facilitators

One of the key advantages of online loan aggregators is that consumers can compare home loans offered by different banks and NBFCs. This is something that made such platforms popular among the masses. However, these platforms have very limited financial institutions collaborating with them. As a result, an average consumer has very few options at their disposal. KuberX stands to address this problem with its vast network of financial institutions.

KuberX has collaborated with several private banks like Axis Bank, Yes Bank, Citi Bank, etc., public sector banks like State Bank of India, Federal Bank, Bank of Baroda, etc., and nonbank financial companies (NBFCs) like Bajaj Finserv, Tata Capital, L&T Finance, etc. Such a wide connection of financial institutions offers an excellent opportunity for consumers to compare and select the best suitable loan for them.

AI Driven-Based Instant Tools

Buying a loan is a tedious process, and it can become overwhelming for a first-time borrower. Many consumers fail to identify the best loan available for their requirements. KuberX addresses this prevalent issue with a unique artificial intelligence (AI)-based instant tool. The proprietary AI driven-based feature enables customers to compare and choose from shortlisted options based on their profile.

This AI-driven-based feature significantly reduces the time and effort to match customer profiles with an optimal lending partner. With artificial intelligence becoming rapidly popular, KuberX aims to leverage the new technology to simplify online home loan buying.

Member of Tech Ecosystem

KuberX hails from the vibrant tech ecosystem of Aurum PropTech, a leading entity in the real estate technology space. Aurum PropTech, backed by its years of experience and in-house expertise, is revolutionising the PropTech sector in India. With KuberX, Aurum PropTech is laying keen emphasis on addressing the prevalent challenges in the lending market in India. KuberX, being a part of this tech ecosystem, offers an end-to-end digital solution to consumers with utmost transparency and trust.

Better Solutions for Real Estate Developers

KuberX is not only for home loan buyers but also for real estate developers where they can register new projects. For real estate developers, KuberX offers accelerated sales through a dedicated CRM team, improved profitability through easy cash flows, high retention with faster home loans, better control of customers, and benefits through customised schemes and bank tie-ups.

Streamlined Loan Sanctioning for Banks

Banks, both private and public sector, and NBFCs are an integral part of this platform. And KuberX is focused on making life easier for them. With KuberX, banks and financial institutions receive quick and easy access to consumers. With an increased customer base, streamlining loan sanctions becomes an easier process.

Final Thoughts

While there is no wheel to reinvent, KuberX, in a way, is making a significant difference in the online loan aggregators market through its unique offerings and tech-driven solutions. KuberX seeks to help customers cut through the clutter of different online loan aggregators by providing an end-to-end one-stop solution for acquiring a home loan or applying for a LAP loan or even a balance transfer.

Furthermore, KuberX, being a part of Aurum PropTech, is uniquely positioned to provide an essential change to the home loan services in India. At KuberX, we hope to be the mediator for financial institutions to reach potential borrowers, the tech-enabler for real estate developers to generate more leads, and a facilitator for loan-seeking customers.