Integrated Digital Property Management – End to End Property Valuation & Title Search Reporting Qorus-Infosys Finacle Banking Innovation Awards 2025

Concept & Objective: The major cause of delay in sanction of mortgage-based/backed loan is attributed to Property Valuation & Legal Title Verification report to be submitted to bank by valuer and lawyer respectively. In today’s fast paced digitalized world of finance bank needed to reduce this blocker.

Reason behind: To mitigate the risk of improper & incorrect reporting and for reducing the TAT for submission of Valuation and Title Search Report to bank for accurate and faster yes, Union Bank of India has partnered with Fintech to provide digital AI/ML based solution for Valuation & Legal Title Search to both bank and its valuers & lawyers.

State of Competition: In the present digital landscape no financial institution is providing an end-to-end mortgage-based Loan from sourcing to disbursement. Union Bank of India is first banking industry to design and develop end-to-end home loan journey from sourcing to sanction to disbursement (in applicable cases) utilizing the digital workflow implemented for digital valuation and digital title search report modules. Bank has created integrated Digital Valuation & Digital Title Search Report module for STP, Non-STP journeys and also as a service for other than credit use cases like credit monitoring, asset valuation etc.