Archive · 24 Sep 2025
BASIC Home Loan Launches AI Assistant HOM-i for Home Loans
Imagine a smart assistant, like a helpful robot, that can help you get a home loan.
BASIC Home Loan has created one called HOM-i!
It uses AI to help people looking to buy a home.
It can check your credit, look at houses, and find lenders that would be a good fit for you.
This assistant speaks many Indian languages.
The AI was trained on lots of data to understand what people need when they apply for a loan.
Before it fully launches, loan advisors will help train HOM-i to make it even smarter.
The goal is to make getting a home loan easier for everyone.
BASIC Home Loan launched HOM-i, an AI-powered home loan assistant.
HOM-i provides instant credit checks, property evaluations, and lender matches.
The platform supports over 30 Indian languages.
The AI was trained on over 300,000 customer profiles and 200,000 property profiles.
Future versions will integrate land records for instant property verification.
- Who
- BASIC Home Loan
- What
- Launched HOM-i, an AI-powered home loan assistant
- When
- Launched September 24, 2025
- Where
- India
- Why
- To make home loan approvals faster, smarter, and more transparent.
- Company
- BASIC Home Loan
- Product
- HOM-i (AI home loan assistant)
- Functionality
- Instant credit checks, property evaluations, lender matching
- Languages
- 30+ Indian languages
- Loan Applications
- $1 billion monthly
- Founded
- 2020