Axis Bank and Square Yards launched Open Door platform for hassle-free home buying

Axis Bank, Square Yards

Axis Bank and Square Yards have announced a joint branded home buyer ecosystem called “Open Door”. This platform will make sure that the entire process of finding and purchasing a dream house is hassle-free, effective, and enjoyable for clients.

Open Doors is a groundbreaking, integrated platform created to handle all consumer inquiries around residential real estate. Customers wishing to buy a home may now take use of cost-effective end-to-end home purchasing support, exclusive builder inventory access, seamless home loan processing, and additional ecosystem services like rental and property management, home furnishing, and legal and technical services.

“We are delighted to partner with Axis Bank to bring all housing related requirements on a single platform. Axis Bank has always been a frontrunner in providing holistic, affordable financial solutions for consumers in an increasingly digital ecosystem. We will leverage Axis Bank’s widespread geographical reach and diversified portfolio of financial products to enhance homebuyer experience,” said Tanuj Shori, Founder and CEO, Square Yards.

Speaking on the collaboration, Sumit Bali, Group Executive and Head – Retail Lending and Payments, Axis Bank, said, “With the launch of Open Doors, we are building a robust ecosystem for home buyers where customers can seek assistance, browse through properties extensively, apply for quick home loans and connect with vendors to transform the house into their own dream home. Our partnership with Square Yards aims to simplify the challenges faced by our customers during the home buying process. With our strong retail banking presence across India, we will also ensure that all customers get easy access to home loans.’’

The joint offers from Square Yards and Axis Bank on home buying, home loans, interior design, property management, and other related property services will be included in the real estate inventory displayed on the Open Doors platform, adding value for customers and lowering the overall cost of home ownership.

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Customers of Axis Bank and Square Yards may now take advantage of a variety of financial perks that have been added value thanks to this partnership, including flexible loan terms and tailored loan amounts, as well as low paperwork requirements for a hassle-free home buying experience.

The cultural congruence between Axis Bank and Square Yards is evident in the continual innovation of digital-first solutions to streamline client experiences. This co-branding initiative represents the common principles of technical innovation, convenience, and creativity; it creates an outstanding chance for both businesses to connect with the target audience, provide valuable solutions, and accelerate corporate success.

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