Virtual Realty Now A Reality

All papers were in place and all credentials satisfied, yet availing a home loan had turned into a nightmare for Santosh Sharma, because of the umpteen trips to the bank branch for filling up one after another document, and endless demand for papers from the promoter. That was 2001 and Sharma was taking his first loan home from SBI. “They asked for all sorts of documents, and it was a real uphill task to get all of them in order,” recalls Sharma. After his first loan was repaid, Sharma, now blessed with twin sons, decided to sell off the house earlier this year and buy a new one with another loan, as he needed a larger house. “This time my experience was entirely different. I approached PNB Housing Finance for the loan, and  I learned that the application process and the sanctions are all online, unlike my first experience, and I need not leave home,” he...