Foneloan scheme receives good traction with 1000 loan applications within 100 days; working professionals can avail collateral-free bank loan within few minutes of loan application

Foneloan scheme, the recent offering as a collaboration between F1 Soft and different commercial banks, has received good response from the customers as 1000 customers have made borrowing under this scheme within 100 days of its inception.

Mobile banking users of Nabil Bank, Laxmi Bank and Kumari Bank are currently eligible to receive loan amount upto Rs 2 lakh whose application can be placed right from their mobile banking service without visiting the bank and without any collateral.

Customers with good credit history can easily avail Foneloan within a few minutes of loan application, as per the media statement.