Business

Deal4loans.com facilitates Rs 100 Crore loans for month of November 2010

Deal4loans.com the biggest aggregator in Loan space has touched loan disbursals of Rs 100 Crs through its network of Banks in the month of November 2010. Within a short span of three years of operations Deal4loans.com has become the biggest online aggregator in the loan space.

Deal4loans.com has the maximum number of tie ups in terms of Banks and is the biggest online disbursal aggregator for almost all banks. Deal4loans has tie ups with HDFC, ICICI, Fullerton, Barclays, Kotak, Standard Chartered, Axis etc.

Deal4loans has provided loan comparison for more than 1.5 million customers for Loans and adds about 50 thousands customers per month. With the growth in traffic Deal4loans expect monthly disbursals to touch Rs 150 Crores by feb 2011. Deal4loans also expect that 3-4 more Banks will join its network and hence provide more choice for customers.

Deal4loans disbursed Rs 15 Crores in the unsecured segment,i.e personal loans and Rs 85 Crores in the secured segment that is Home loans and Car loans. The growth is expected to come from both segments as per Deal4loans.com.online loan comparision portal

The monthly unique traffic on the site is 0.5 million per on site and with enhanced tools like Emi Calculator, Credit card rewards comparator, the site expects to reach 1 million visitor traffic by March 2011.

Deal4loans is an online comparison engine for customers who want to apply for loans and credit card. Deal4loans.com enables to get a customer quote online for his loan. Customer can compare Emi, Rates, Documents, process etc for all banks and then go for the Bank , the customers thinks is best for him/her.

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