Ilens icici

  1. Business News
  2. ICICI Bank, Tata Consultancy Services to launch digital lending platform iLens, know details
  3. ICICI Bank Launches New Digital
  4. ICICI Bank launches iLens, backed by TCS lending platform
  5. ICICI Bank launches digital lending solution ‘iLens’


Download: Ilens icici
Size: 19.66 MB

Business News

Mumbai (Maharashtra) [India]November 29 (ANI): Tata Consultancy Services and ICICI Bank on Tuesday announced the launch of iLens, a digital lending app, powered by the TCS lending platform. According to the information provided by the IT giant, the platform will stop the entire lending process – from application to repayment – to give everyone, including new customers to the bank, unparalleled access to quick loan repayment, credit transparency. responsibility and smooth operations. Also Read | Behind Foxconn’s China Tragedy: Mistrust, Conflict, COVID Curbs – Latest Tweet by Reuters. iLens has already helped customers, including those new to banking, to get home loans digitally without the hassle of going through paperless logins, downloading documents, receiving instant penalties, inventory and loan repayments, IT. the company said in a statement shared with the stock exchange. ICICI Bank plans to offer other retail loans such as personal, car and credit cards on the platform. iLens, which stands for ICICI Bank Lending Solutions, is customized with ICICI Bank’s lending principles, data-driven algorithms and over 130 application programming interface (API) integrations with fintechs. The program helps to quickly evaluate loans, property valuations, legal documents and technology, the IT company said, adding that based on this, most of the new bank customers will also be offered offers that have already been approved –another company-first. nothing. Also Read | Ecuador vs S...

ICICI Bank, Tata Consultancy Services to launch digital lending platform iLens, know details

According to a statement from the IT giant, the platform would digitise the entire lending process --from application to disbursement-- to offer everyone, including new-to-bank customers, unparalleled convenience with faster turnaround of loan applications, greater transparency of loan status and smooth experience. iLens has already helped customers, including new-to-bank individuals, to avail of housing loans in a completely digital process with hassle-free onboarding via paperless login, uploading documents, receiving instant sanctions, appraising properties and disbursement of loans, the IT company said in a statement shared with stock exchanges. ICICI Bank plans to offer other retail loans such as personal, auto and credit cards on this platform. iLens, which stands for ICICI Bank Lending Solutions, is customised with ICICI Bank’s proprietary policies for loans, data-led algorithms and over 130 application programming interface (API) integrations including with fintech. ( Also Read: iLens offers a unified digital interface for all stakeholders--customers, employees, sourcing channels, lawyers, technical officers, and underwriters, according to the statement. It added the latest platform enabling seamless onboarding of customers with minimal data entry, and video KYC, among others. The IT firm said it has an inbuilt customer interface that helps borrowers track the status of their loan application in real time. V V Balaji, Chief Technology Officer, ICICI Bank, said, "Ov...

ICICI Bank Launches New Digital

New Delhi: ICICI Bank has launched a new digital-lending platform called 'iLens', which is developed by Tata Consultancy Services (TCS). iLens digitises the entire lending process for borrowers, from loan application to credit disbursement. Initially, iLens services will be offered to customers seeking to avail of housing loans from ICICI Bank, TCS said in a statement. "We have aligned mortgage loans to 'iLens' platform making us the first to digitise the entire mortgage lending process. This brings in a significant shift in the industry, as digital journeys for home loan are available only till receiving the sanction letter," said V V Balaji, Chief Technology Officer, ICICI Bank. The digital process offers hassle-free onboarding through paperless login, uploading documents, receiving instant sanctions, appraising properties, and disbursement of loans, TCS said. ICICI Bank plans to offer other retail loans such as personal, auto, and credit cards on this platform. "iLens, which stands for ICICI Bank Lending Solutions, is powered by the TCS Lending Platform and is customised with ICICI Bank's proprietary policies for loans, data-led algorithms, and over 130 API (application programme interface) integrations, including with fintechs, enabling quicker credit assessment, property appraisals, legal, and technical documentation," TCS said. Based on these features, the new-to-bank customers will also be given pre-approved offers, which is an industry-first initiative, TCS said. i...

ICICI Bank launches iLens, backed by TCS lending platform

Mumbai: Tata Consultancy Services and ICICI Bank on Tuesday announced the launch of iLens, a digital-lending solutions app, which is powered by the TCS lending platform. According to a statement from the IT giant, the platform would digitise the entire lending process –from application to disbursement– to offer everyone, including new-to-bank customers, unparalleled convenience with faster turnaround of loan applications, greater transparency of loan status and smooth experience. iLens has already helped customers, including new-to-bank individuals, to avail housing loans in a completely digital process with hassle-free on-boarding via paperless login, uploading documents, receiving instant sanctions, appraising properties and disbursement of loans, the IT company said in a statement shared with stock exchanges. ICICI Bank plans to offer other retail loans such as personal, auto and credit cards on this platform. iLens, which stands for ICICI Bank Lending Solutions, is customised with ICICI Bank’s proprietary policies for loans, data-led algorithms and over 130 application programming interface (API) integrations including with fintechs. This app enables quicker credit assessment, property appraisals, legal and technical documentation, the IT firm said, adding that based on these, many of the new-to-bank customers will also be given pre-approved offers — yet another industry-first initiative. iLens offers a unified digital interface for all stakeholders–customers, employee...

ICICI Bank launches digital lending solution ‘iLens’

ICICI Bank has launched ‘iLens’, a digital lending solution, powered by the Tata Consultancy Services (TCS) lending platform. The first-of-its-kind platform digitizes the entire lending process-from application to disbursement-for everyone, including new-to-bank customers, to offer them unparalleled convenience with faster turnaround of loan applications, greater transparency of loan status and enriched experience. To begin with, ‘iLens’ has started empowering customers, including new-to-bank individuals, to avail housing loans in a completely digital process with hassle-free on-boarding via paperless login, uploading documents, receiving instant sanctions, appraising properties, and disbursement of loans. ICICI Bank plans to offer other retail loans such as personal, auto and credit cards on this platform. ‘iLens’, which stands for ICICI Bank Lending Solutions, is powered by the TCS Lending Platform and is customized with ICICI Bank’s proprietary policies for loans, data-led algorithms and over 130 API integrations including with fintechs, enabling quicker credit assessment, property appraisals, legal and technical documentation. Based on these, many of the new-to-bank customers will also be given pre-approved offers-yet another industry first initiative. ICICI Bank is a leading private sector bank in India.