Financial e-comm portal Bestdealfinance launches in India

Bestdealfinance.com, a financial e-commerce portal, has been launched in India. It is the first ever portal to provide a technology enabled end-to-end solution to financial needs of individuals and SMEs. This FinancialTech Super Mart facilitates the best deals across wide range of loans such as home loans, auto loans, business loans, loans against property, credit cards, healthcare and construction equipment financing. With a unique technology driven model, it aims to tap all customer segments be it digital savvy or the traditional Indian customer. Estimation on India overtaking US to become 2nd largest internet market shows the level of digital revolution an Indian industry going through today. The increasing internet and smart phone penetration and its impact on consumer behavior is the driving force behind success of any industry today, more so with e-commerce and many such examples are already been witnessed. With cross industry benchmarking, the consumer expectations have raised. Hence with the vision to fulfill these expectations by breaking barriers and bringing the transparency and expertise to an economically and socially relevant sector like financial service, bestdealfinance.com has been launched.

Bestdealfinance.com has created a strong foundation where a team with 500+ years of cumulative experience in financial services & technology has worked relentlessly to make it a perfect “Customer Convenience” model. The model will empower customers to take an informed and real-time decision on financial products at the click of a few buttons. The business model has been further reinforced to be a complete transparent one for customers by affiliation with 20+ leading financial institutions.

Additionally, they have deployed a dedicated on-field team and associates to provide support for documentation and other services on customer demand. Commenting on the launch, Mr. Manavjeet Singh, Managing Director, bestdealfinance.com said, “Customer convenience is of an utmost importance to us and it is our endeavor to offer a comprehensive range of products across all loan categories & keep the process transparent by providing offers from all Banks & Financial Institutions so customer is able to make an informed decision. With this model & approach, we aim to reach up to 5 lac customers across the country & help them with loan disbursement worth 1 billion USD by 2016”

Prior to setting up bestdealfinance.com, Mr. Manavjeet Singh has served in several strategic leadership positions in prestigious corporates like HDFC Bank, Citicorp Finance, SBI Mutual Fund, Reliance Capital and Yes Bank.