Apnaloan.com registers 10,500 retail credit card transactions

Apnaloan.com, the Intermediation Services Group for loans and credit cards, has announced record transactions of 10,500 credit cards in October 2001, thus capturing 6 percent of the retail credit card market, which hovers around 1,75,000 per month. The company is confident of achieving a target of 20,000 credit cards by December 2001, thereby aiming at increasing its market share above 10 percent.

"Our efforts to provide every customer with doorstep service, innovative products and simplified application procedures apart from the convenience factor has contributed to this feat. The volumes are a reflection of the experience a customer gets when transacting with us. We are confident and gearing up to reach a market share in excess of 10 percent by December 2001," said Harsh Roongta, CEO,

Apnaloan.com.

Apnaloan.com has been able to offer its consumers a wide range of schemes and exclusive offers on credit card products through its association with all leading banks and financial institutions.