General Studies · Digital Lending Platforms
Which feature is considered an essential User-Friendly Feature in modern Digital Lending platforms, providing immediate convenience to the borrower?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Loan processing time of three weeks or more
- 2Requirement to submit physical documents in triplicate
- 3Mandatory physical verification of collateral before application
- 4Instant eligibility check and in-principle sanction based on quick data retrieval✓
Correct answer
Instant eligibility check and in-principle sanction based on quick data retrieval
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