Indian online used vehicle marketplace Droom has partnered with Chennai, I expect this collaboration to be a win-win situation for both of us,” said Sandeep Aggarwal, Founder and CEO of Droom. Hyderabad -based lender Aditya Kumar to offer "affordable, efficient and paperless" car and motorbike loans. Qbera hopes the move will help customers overcome what Qbera CEO Aditya Kumar called sector's "high rejection rates, heavy paperwork and unaffordable credit terms". Buyers will be able to get approval for loan applications within 24 hours , while interest rates will be the same as those of traditional financial institutions.
Indian online used vehicle marketplace Droom has partnered with Chennai, Hyderabad -based lender Aditya Kumar to offer "affordable, efficient and paperless" car and motorbike loans. Qbera hopes the move will help customers overcome what Qbera CEO Aditya Kumar called sector's "high rejection rates, heavy paperwork and unaffordable credit terms". Buyers will be able to get approval for loan applications within 24 hours , while interest rates will be the same as those of traditional financial institutions.