Loan in Touch Facilitating Dreams of Homeownership
Don’t chase success, chase the process!" This is the ethos driving Sumeet Pareek, the founder and CEO of Loan In Touch, as he discussed his venture in an exclusive interview with Startup Times Media. Loan In Touch is dedicated to assisting individuals in securing home loans, thereby bringing them one step closer to realizing their dream of owning a home.
The Genesis of Loan In Touch
From a young age, Sumeet harbored ambitions of entrepreneurship, driven by a desire to inspire others through his work. Raised in Aurangabad, Sumeet faced financial constraints, compelling him to join a construction company after completing his 10th standard. Balancing work with education, he spent five years at the company before deciding to pursue his graduation. Upon graduation in 2015, Sumeet made a bold decision to leave his job, much to the surprise of his employer. Undeterred, he embarked on a new journey, joining the State Bank of India (SBI) as a Home Loan Counsellor.
His tenure at SBI was transformative, as Sumeet found immense fulfillment in witnessing individuals achieve their dream of homeownership. Recognizing his passion for assisting people in securing loans, Sumeet laid the foundation for Loan In Touch.
Empowering Homebuyers
Loan In Touch serves as a bridge between customers and banks, simplifying the loan application process. Understanding that many individuals are unfamiliar with the intricacies of financial procedures, Sumeet and his team take on the responsibility of collecting and submitting documents to banks, alleviating the burden on customers. Moreover, they provide regular updates on the loan status, ensuring transparency and peace of mind for their clients. Remarkably, Loan In Touch does not charge customers for their services, operating under an ethos of genuine assistance.
With a dedicated team operating across four cities, Loan In Touch has facilitated over 2500 home loans to date. Sumeet's commitment to exceptional customer service has earned him a loyal clientele and positioned Loan In Touch as a trusted partner in the homebuying journey.
Distinctive Offerings and Future Endeavors
The company's extensive presence across four cities and vast experience distinguish Loan In Touch from its competitors. Sumeet envisions further expansion, aiming to establish a presence in every city in Maharashtra, confident that expansion will drive business growth.
Navigating Challenges
The COVID-19 pandemic presented unprecedented challenges for Sumeet and Loan In Touch. Despite facing losses and contemplating closure of non-profitable units, Sumeet remained resilient, driven by a commitment to sustaining employment opportunities and supporting his team. He acknowledges the impact of financial fraud on customer trust in the industry but remains steadfast in his dedication to ethical business practices.
Founder's Message
Reflecting on his journey, Sumeet emphasizes the importance of patience and honesty in entrepreneurship. He cautions against the allure of social media gimmicks, advocating instead for consistent hard work and integrity.
In conclusion, Loan In Touch stands as a testament to Sumeet Pareek's unwavering dedication to empowering individuals on their path to homeownership. As the company continues to evolve and expand its reach, its commitment to excellence remains steadfast, guided by Sumeet's principles of integrity and perseverance.
