Tuesday, August 12, 2014

Destimoney to launch online mortgage advisory service


BL :NEW DELHI, AUG 12:2014
You can soon get mortgage advisory solutions online with Destimoney Enterprises set to launch a formal service for this purpose in the next few weeks.
The online advisory service will be targeted at all customers, including first time home buyers, self-employed and also those keen on loan against property, Brijesh Parnami, Chief Executive Officer-Distribution, Destimoney Enterprises, told Business Line. Destimoney Enterprises is a non-banking finance company engaged in home loan consulting.
“We are targeting anybody who uses the internet, is a mass affluent customer and is looking for a property. He is my target customer,” Parnami said.
The online service will come with a small fee that would be refunded if Destimoney were to become the arranger for the home loan.
Going online would tackle the current limitation in having physical presence in several cities, he said.
“Distribution challenge is prompting me to go online. If I am not there physically in a city, then I miss the opportunity. But being online will take care of this”
The online service for mortgage advisory solutions will be provided by Destimoney Advisory, which is a wholly owned subsidiary of Destimoney Enterprises.
Currently, Destimoney is present in 12-odd locations with 600 plus partners and in the last five years had disbursed home loans worth ₹5,000 crore to 15,000 customers.
(This article was published on August 12, 2014)

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