Loan seekers in AP, Telangana flocking to online lenders

Long queues, repeated visits to the bank and fear of being rejected while you are in dire need of money are the moment of the past. The rapidly flourishing fintech startups are not only supporting and adding further traction to the $3 trillion credit lending industry in India, but are also bringing in convenience, flexibility and faster credit to the doorsteps of the needy. Thanks to their efforts, loans are just an app away from many.