AR Based Auto Loan Car Financing Qorus-Infosys Finacle Banking Innovation Awards 2024

UBL's augmented reality (AR) auto loan feature represents a ground-breaking advancement in the car financing sector, seamlessly integrating cutting-edge technology with customer-centric services. This innovative tool is designed to enhance the car purchasing experience by providing an immersive, interactive platform for exploring car models and financing options. The primary objective of UBL's AR-based auto loan feature is to revolutionize the car buying and financing process by offering a more engaging and efficient customer experience. Key targets include enhancing customer experience by providing a virtual, immersive experience that allows customers to explore car models and their features in detail, making informed decisions without the need for physical visits to dealerships. Additionally, it aims to streamline the financing process by simplifying the application process and integrating it into a single, user-friendly platform, while also increasing accessibility by allowing users to view vehicle specifications, calculate budgets, and track loan details from anywhere, at any time.