Satchit Hasabnis, Co-Founders
Sanket Hasabnis, Co-Founders
Easy Process, Better Results
The idea was conceptualized by two brothers Satchit Hasabnis, an MBA & CFA holder & Sanket Hasabnis, a Chartered Accountant, who have together garnered an experience of over 15
From instant small cash loans disbursed within 24hrs to other traditional personal loans, business loans and mortgage loans,Loanbaba.com is your one stop solution for all loan requirements
Adding on, he says “Any loan application on our website, just takes a few minutes to get processed, and cuts down on any personal visits required by the client to the financial institutions. We have partnerships with various large and mid-sized banks and NBFC’s and are well positioned to offer our clients the best products and interest rates thereby.We strive to offer a transparent view into loan products to ease the decision- making process of customers.”
Satchit quips in, "Recently,we introduced our flagship product, Pay day Loans/Short Term Loans, in Mumbai. This product makes it possible to borrow a small amount of money within a day. What makes the process so fast, is the sophisticated technology applied
“We also have small ticket sized loans for college fees, tuition fees, school fees, certificate or vocation courses to name a few. We also have customers applying for retail loans such as Personal Loans, Business Loans, Auto Loans, Loan Against Property, Home Loans, and Education Loans for foreign education. Our free-to-use eligibility and EMI calculator helps customers understand the loan amount they are eligible for or need”, adds Sanket.
The Near Future Plans
Explaining on the future a head, Satchit says, “Loanbaba.com’s next stop is peer-to-peer loans on its very own P2P platform, which will connect individual lenders to borrowers, facilitating the lending and borrowing credit process. This will help good borrowers avail loans at a much better and cheaper interest rates than offered by banks, while this also gives Individuals an option to invest into loans which can yield minimum returns of 12 percent p.a. With fixed deposit rates at 6 percent, investment in P2P loans is an attractive proposition.