ULI Loan App Download, One Click Loan

Reserve Bank of India Governor Shaktikanta Das introduced the Unified Lending Interface (ULI) on the lines of UPI on Monday, 24 August 2024. Just as Unified Payment Interface (UPI) revolutionized the retail payment system in India, ULI is expected to transform the loan system.

What is ULI?

ULI, whose full form is Unified Lending Interface, has been launched with the aim of making the lending process faster, streamlined and easier in India. RBI wants to make it so easy that one can the ULI Loan App download and get the loan with just one click.

The RBI Governor hopes that just as UPI has revolutionized the field of payments, in the same way ULI will also revolutionize the field of loans. The RBI Governor has now proposed that this technology platform be officially named Unified Lending Interface (ULI).

How to ULI loan app Download

To download ULI Loan App, you have to go to the official website of ULI and download the file and install the app. Or download the ULI app from Google Play Store and login into it, after that you can use the app. लेकिन ULI लोन ऐप अभी लॉन्च नही हुआ है इसे अप्रैल 2025 में लॉन्च किया जाना है।

How will ULI Loan Eligibility be Determined?

Ensuring loan eligibility is a complex and time-consuming process, to make it simpler and faster, ULI collects critical data required for credit assessment from central and state governments, land records, account aggregators, banks, credit information companies and digital identity authorities.

To this end, the ULI architecture features standardized APIs (Application Programming Interfaces), designed with a ‘plug and play’ approach. This technology ensures access to documents kept in different places.

This will significantly reduce the time required for ULI loan appraisal, and your loan will be passed easily. Small and rural borrowers will especially benefit under the ULI Loan Project.

ULI Loan App Benefit

• Under ULI, all types of loans like home loan, car loan, study loan, personal loan, gold loan, agricultural loan, etc. will be covered.
• By downloading ULI Loan App you will get the loan in just one click.
• Your loan will be transferred directly to your account.
• No one will have to pay bribe to get the loan passed.
• Even the smallest loan will be approved in a very short time.
• You will not have to visit offices to verify your documents.
• ULI Loan App will specifically benefit MSME and agriculture borrowers.
• ULI Loan App is safe, as it is launched by RBI.
• Loan is available at home through ULI.