India’s first Group Buying site on Financial Products - GNBIndia.com

New Delhi, October 31, 2011: GNBIndia.com (GNB = Group N Buy), a group buying portal for discounted deals on loan products has opened its doors to consumers.The idea is group buying, where GNBIndia.com aggregates likeminded people interested in taking loans in various categories through internet and then negotiate group discount with banks/ financial institutions. It is a win - win situation for both consumer and the financial institutions as consumer get a better than market deal and in return financial institutions gets business in bulk.

GNB does not charge its customers any fee for the services provided.

“Our primary objective is to help all Indians save their hard earned money while taking a loan by providing them discounted deals both in terms of rate of interest and processing fees. At the end the big idea is to leverage the power of group in favor of the consumer and help them save as much as possible” said Ashish Jeph Director, GNBIndia.com who holds an MBA degree from IIM K.

Since its inception, GNBIndia.com has tied up with most of the top notched banks and financial institutions to help consumer save money on their financial needs.

Currently the service is available in cities like Delhi/NCR, Mumbai & Jaipur

For more information on GNBIndia.com please log on to http://www.gnbindia.com/