Over the decade, the advancement in technology resulted as a boon for lending sector and its delivery operations. It has entirely revolutionized the way of transacting and saving the money. The internet has enabled lending institutions to offer greater access to numerous financial products. To illustrate, ten years ago, when you " Apply For Loan " it was considered to be mammoth task by loan seekers as it involves heavy legwork in finding a lender who offers best loan deals and to meet the stringent eligibility criteria. However, with technological advancements, this is the thing of past to visit the traditional bank and to submit piles of papers to avail a loan. Nowadays, applying for a loan has become very easy due to online loan, free tools and calculators. Let’s see, how technology has changed the way to apply for loan: Finding a suitable lender has become easier: If we compare with earlier days, getting a loan has become really easy. The evolution of NBFCs in the len...