01Credit
Insight
- ~60% of application forms submitted couldn't be approved for an unsecured credit card by the bank.
- Mostly due to low or no credit scores, particularly among students, homemakers and retired customers.
Action
- Built a secured credit card application as an alternate option for these customers.
- Led and scaled the entire initiative from 0 to 10.
Outcome
- 80% of applications terminated earlier were given an FD-creation option.
- Brought XX Cr+ in revenue for the bank.