Categories: Industrial segments

TCS powers Aadhar Housing Finance Limited’s market expansion

Online real estate

TCS has helped Aadhar Housing Finance simplify processes, increase velocity, and enhance customer experience through its platform

TCS in enabling Aadhar Housing Finance Limited to digitally enhance its business operations using the TCS Lending and Securitization platform, said a statement from the company. Aadhar Housing Finance aims to make the process of buying a house seamless using digital technologies. Towards this vision, it partnered with TCS for its end-to-end business process transformation powered by the TCS Lending and Securitization platform. The integrated, collaborative, connected, blockchain-based cloud platform transforms the end-to-end lending and securitization value chain.

Deo Shankar Tripathi, MD and CEO, Aadhar Housing Finance Ltd, said: “Our partnership with TCS is helping us realize our strategy of leveraging technology platforms to improve customer experience. Coupled with physical branch and location expansion as well as enabling third parties to source customers and external checks, we continue to leverage digitization while improving underwriting processes and efficiencies to expand the business.”

TCS says that it has made sales operations more convenient by introducing business-friendly tools such as calculators, diary, route mapping, and geotagging while eliminating physical documents and enabling automated and system-controlled documentation and approval. TCS platform’s open API architecture has enabled Aadhar to connect with third parties for lead sourcing, KYC validations, document management, payment gateways, fintech integrations, and rule-based decisioning.

Ujjwal Mathur, country head, TCS India, said: “The TCS Lending and Securitization platform is helping Aadhar Housing Finance Ltd. harness the power of digital technologies to enhance customer experience and improve its market position. We look forward to strengthening our relationship with Aadhar Housing Finance Ltd to help them transform their business and accelerate the digital transformation journey.”