City
Epaper

Mahindra Rural Housing Finance partners with Vymo to launch LeadEx for digitising its distribution operations in rural India

By ANI | Published: September 28, 2021 10:31 AM

Vymo, the sales acceleration platform of choice for leading financial institutions, announced that it has partnered with Mahindra Home finance, the largest home finance company serving rural India, to deploy a cloud-based sales and distribution management platform.

Open in App

, the sales acceleration platform of choice for leading financial institutions, announced that it has partnered with Mahindra Home finance, the largest home finance company serving rural India, to deploy a cloud-based sales and distribution management platform.

Called Vymo LeadEx, the solution will be used by over 10,000 frontline agents and managers across India to improve customer onboarding speed and experience.

LeadEx eliminates the need for users to update their sales & engagement activities every day using legacy systems. With the Vymo LeadEx,

* New prospect customers are assigned to the best-suited branch managers automatically in real-time,

* Customer verification and onboarding is fully digitised to reduce turnaround times,

* Managers and sales leaders get a 360-degree view of their teams' activities and can thus plan bespoke training programs

"Mahindra Rural Housing Finance Ltd. provides home loans to customers in smaller (category three and four) towns and rural India. Vymo will help our team of 10,000 people provide even better and faster service to our customers. We anticipate a substantial increase in productivity and superior customer satisfaction. I would like to thank the Vymo team for their focussed and responsive approach to completing this project," comments Anuj Mehra, Managing Director - Mahindra Rural Housing Finance Ltd.

Rajesh Sabhlok, Managing Director - Asia Pacific of Vymo, adds, "We are proud to partner with Mahindra Rural Housing Finance for proving best-in-class digital capabilities and functional expertise to frontline agents to not only continue engaging with customer and prospects, but also make credit access more affordable and convenient in rural India."

In Asia Pacific, Vymo's lending and collections suite was selected after an exhaustive study of sales productivity solutions by FE Credit, one of the largest lending and collections organizations in Vietnam with over 50 per cent market share. Within a year of being deployed, the time taken to disburse a loan to a customer has reduced by 64 per cent.

This story is provided by PRNewswire.will not be responsible in any way for the content of this article. (ANI/PRNewswire)

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Mahindra homeMahindra rural housing finance ltd.Anuj mehraindiaasiaIndiUk-indiaRepublic of indiaIndia indiaGia india
Open in App

Related Stories

NationalSexually Transmitted Diseases: Rising Number of STDs Cases Concern for Increasing Infertility in India, Warn Doctors

InternationalIndia Aiming To Be “Superpower”, While We’re “Begging” To Avoid Bankruptcy: Pakistani Leader of Opposition (Watch Video)

NationalLok Sabha Election 2024: Who Is PM Candidate of I.N.D.I.A Alliance, Asks BJP President J P Nadda

InternationalIndia-Bound Andromeda Star Oil Tanker Hit by Missiles in Red Sea, Say Yemen’s Houthis

BusinessHeatwave Impact: Vegetable Prices to Stay High Until June in India due to Above-Normal Temperatures

Business Realted Stories

BusinessApple gives small developers a breather around new app store fee in EU

BusinessAdani Green secures USD 400 mn from international banks for 750 MW power projects

BusinessCAG of India, Auditor General of Nepal sign MoU to enhance collaboration in auditing

BusinessAdani Green secures $400 million from international banks for 750 MW solar projects

BusinessGold production from Indian mines surges by 86 pc in Feb, copper output up 29 pc