The idea is group buying, where GNBIndia.com aggregates likeminded people interested in taking loans in various categories through internet and then negotiate group discount with banks/ financial institutions. It is a win – win situation for both consumer and the financial institutions as consumer get a better than market deal and in return financial institutions gets business in bulk.
The company has partnered with financial institution such as Axis Bank, Barclays Bank, Standard Chartered Bank, Barclays Finance, Citi Bank, Deutsche bank , India Bulls, Reliance, Religare and Bajaj Finserv .
“Our primary objective is to help all Indians save their hard earned money while taking a loan by providing them discounted deals both in terms of rate of interest and processing fees. At the end the big idea is to leverage the power of group in favor of the consumer and help them save as much as possible” said Ashish Jeph Director, GNBIndia.com who holds an MBA degree from IIM K.
Since its inception, GNBIndia.com has tied up with most of the top notched banks and financial institutions to help consumer save money on their financial needs.
Currently the service is available in cities like Delhi/NCR, Mumbai & Jaipur .GNB will not charge its customers any fee for the services provided.