OneAndro: Loans & Insurance 1.0.187

OneAndro is an innovative application developed by Andromeda, a prominent distributor of financial products in India. The platform provides agents and financial institutions with a seamless connection, enabling agents to offer an array of financial products including loans, credit cards, and insurance. Designed for ease of use, the app accommodates users regardless of prior experience, providing comprehensive support, resources, and training to foster agent success.

Product Offerings:

As a OneAndro agent, you can offer a varied selection of financial products tailored to your customers' needs. This includes personal loans, credit cards with competitive rewards, and comprehensive insurance options. Such diversity empowers agents to maximize their earning potential while delivering valuable solutions to clients.

Onboarding Process:

The onboarding experience is streamlined, allowing new agents to integrate into the network with minimal hassle. Support is readily available throughout the process to facilitate a swift initiation into selling loans, credit cards, insurance, and more.

Diverse Product Range:

Agents benefit from access to numerous financial products, catering to the diverse needs of clients. The platform offers both personal and business loans, as well as credit cards and insurance plans, ensuring agents can effectively meet their customers’ financial requirements.

Operational Efficiency:

The Rule Engine utilized within the app enhances decision-making speed regarding loans and insurance. This functionality not only improves internal efficiency but also elevates customer satisfaction through timely service delivery.

User-Friendly Dashboard:

OneAndro’s dashboard allows agents to effectively manage leads and track payouts. This intuitive interface provides insights into monthly performance metrics including sales figures and customer interactions, empowering agents to maintain organizational control over their business activities.

Quicker Approvals:

The platform’s collaboration with multiple lenders facilitates expedited approvals for financial products. This advantage eliminates prolonged waiting periods, benefiting both agents and their customers by providing prompt service that can enhance overall sales performance.

Incentives and Training:

Agents are eligible for rewards while receiving access to training modules aimed at skill enhancement and knowledge development. Staying informed on industry trends and sales techniques enables agents to remain competitive in the marketplace.

Extensive Lending Network:

OneAndro boasts partnerships with over 140 lending institutions nationwide, affording agents a rich selection of options when recommending financial products suited to customer needs.

Partnership Example:

• HDFC Bank Limited

1. Minimum and maximum repayment periods:
   • Minimum repayment period: 12 Months
   • Maximum repayment period: 60 Months
2. Maximum Annual Percentage Rate (APR): 24.59%

Example Calculation:

• If an individual opts for a loan of Rs. 5 lakhs for 5 years at a diminishing interest rate of 16%, the total interest over the term would amount to Rs. 2,29,542.
• The monthly EMI would be Rs. 12,159.
• Interest paid during the first month would be Rs. 6,667.
• The interest amount for the final month would be Rs. 160.

Commitment to Support:

The OneAndro team is dedicated to fostering the success of its agents by offering continuous support throughout their journey towards building a prosperous business.

If you're interested in exploring the capabilities of OneAndro further, you can download the app or reach out via:

• Toll-Free: 1800 123 3001
• Email: [email protected]
• Website: andromedaloans.com