New Delhi, May 29 (KNN) The State Bank of India (SBI) today launched Online Customer Acquisition Solution (OCAS), an online platform to apply for home loans, car loans, education loans and personal loans.
 
The bank, in a statement, said, "Customers will instantly get an e-approval on filling the online form. Thereafter, the bank officials will contact customers and complete all the loan formalities. Customers can also upload all necessary documents online. This will help in empowering the customer and also reduce the processing time of their loan."

SBI chairperson Arundhati Bhattacharya launched the application that will help customers gauge their eligibility and get a quote personalised to their requirement, the statement added. 

“India is witnessing one of the highest growth rates of internet users and to cater to this segment SBI has customised this platform for an enhanced customer experience,” the statement added.
 
The bank plans to launch a similar application on the mobile platform, soon. (KNN Bureau)