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HDFC Bank Launches ‘XpressWay’ Digital Banking Platform

Published on October 22, 2023
Current context: HDFC Bank launched a digital banking platform named “XpressWay” on October 20, 2023. The platform aims to offer a swift, paperless, and self-service banking experience to the bank’s customers.
HDFC Bank Launches ‘XpressWay’ Digital Banking Platform
  • With over “30 banking products” and more than “14 services”, it covers a range of financial offerings, from personal loans to credit cards and savings accounts.
  • XpressWay offers a range of services, including Xpress Personal Loan, Xpress Business Loans, Xpress Car Loan, Xpress Home Loan, Xpress Loan on cards, Xpress Credit Card, Xpress Savings Accounts.
  • These services are designed to provide a fast, seamless, paperless, and self-service experience for new and existing customers.
  • Customers can easily manage their nominees, update demographic details, request cheque books, and navigate various loan options.
  • One can also apply for personal loans up to Rs 40 lakh through this platform with no paperwork.
  • The platform also caters to existing HDFC Bank customers, thus offering a personalised view of pre-approved banking offers on loans, cards, and accounts.

Question:

Q.1 What is the name of the digital banking platform launched by HDFC Bank?
a. XpressBank
b. XpressWay
c. XpressNet
d. XpressLine
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