Bold Finance Website Redesign

Bold Finance Website Redesign

Internship Work | Fintech B2C | Website Design
Internship Work | B2C Pharma Product | Website and Mobile App Design
Internship Work | Fintech B2C | Website Design

CASE STUDY COVER IMAGE

CASE STUDY COVER IMAGE

My Role
My Role

Research, Interaction Design, Prototyping, UI Design

Research, Interaction Design, Prototyping, UI Design

Research, Interaction Design, User Flows, Wireframing, UI Design, Prototype

Research, Interaction Design, Prototyping, UI Design

Team
Team

1 Designers, 1 Manager and 2 Developers

1 Designers, 1 Manager and 2 Developers

1 Designers, 1 Manager and 2 Developers

Timeline
Timeline

8 February 2023 - 15 March 2023

8 February 2023 - 15 March 2023

8 February 2023 - 15 March 2023

Overview
Overview

Bold Finance is a fintech firm dedicated to enabling financial freedom for Bharat by offering gold loans to middle and lower-middle income segments in tier 2 and tier 3 towns. They operate through a network of jeweler partners with gold stored in secured bank vaults. Currently, they have over 50 branches in Mumbai suburbs and plan to expand to other regions.

Bold Finance is a fintech firm dedicated to enabling financial freedom for Bharat by offering gold loans to middle and lower-middle income segments in tier 2 and tier 3 towns. They operate through a network of jeweler partners with gold stored in secured bank vaults. Currently, they have over 50 branches in Mumbai suburbs and plan to expand to other regions.

Bold Finance is a fintech firm dedicated to enabling financial freedom for Bharat by offering gold loans to middle and lower-middle income segments in tier 2 and tier 3 towns. They operate through a network of jeweler partners with gold stored in secured bank vaults. Currently, they have over 50 branches in Mumbai suburbs and plan to expand to other regions.

Bold Finance is a fintech firm dedicated to enabling financial freedom for Bharat by offering gold loans to middle and lower-middle income segments in tier 2 and tier 3 towns. They operate through a network of jeweler partners with gold stored in secured bank vaults. Currently, they have over 50 branches in Mumbai suburbs and plan to expand to other regions.

During my internship at Bold Finance, I took on the role of a UX/UI designer responsible for redesigning the company’s website to improve user experience and engagement, ultimately driving more loan applications and enhancing customer satisfaction.

During my internship at Bold Finance, I took on the role of a UX/UI designer responsible for redesigning the company’s website to improve user experience and engagement, ultimately driving more loan applications and enhancing customer satisfaction.

During my internship at Bold Finance, I took on the role of a UX/UI designer responsible for redesigning the company’s website to improve user experience and engagement, ultimately driving more loan applications and enhancing customer satisfaction.

During my internship at Bold Finance, I took on the role of a UX/UI designer responsible for redesigning the company’s website to improve user experience and engagement, ultimately driving more loan applications and enhancing customer satisfaction.

The redesigned website resulted in a significant increase in user engagement, a higher conversion rate for loan applications, and positive feedback from both users and stakeholders.

The redesigned website resulted in a significant increase in user engagement, a higher conversion rate for loan applications, and positive feedback from both users and stakeholders.

The redesigned website resulted in a significant increase in user engagement, a higher conversion rate for loan applications, and positive feedback from both users and stakeholders.

The redesigned website resulted in a significant increase in user engagement, a higher conversion rate for loan applications, and positive feedback from both users and stakeholders.

What Exactly was the Problem
What Exactly was the Problem

Old Design Issues:

Old Design Issues:

Old Design Issues:

Old Design Issues:

  • Poor navigation structure causing confusion among users.

  • Lack of clear call-to-action buttons, making it difficult for users to find and apply for loans.

  • Insufficient information about the loan process and benefits, leading to user drop-off.

  • Missing sections that could better inform and engage users, such as a comprehensive about section, detailed customer information, and branch locator.

  • Poor navigation structure causing confusion among users.

  • Lack of clear call-to-action buttons, making it difficult for users to find and apply for loans.

  • Insufficient information about the loan process and benefits, leading to user drop-off.

  • Missing sections that could better inform and engage users, such as a comprehensive about section, detailed customer information, and branch locator.

  • Poor navigation structure causing confusion among users.

  • Lack of clear call-to-action buttons, making it difficult for users to find and apply for loans.

  • Insufficient information about the loan process and benefits, leading to user drop-off.

  • Missing sections that could better inform and engage users, such as a comprehensive about section, detailed customer information, and branch locator.

  • Poor navigation structure causing confusion among users.

  • Lack of clear call-to-action buttons, making it difficult for users to find and apply for loans.

  • Insufficient information about the loan process and benefits, leading to user drop-off.

  • Missing sections that could better inform and engage users, such as a comprehensive about section, detailed customer information, and branch locator.

OLD DESIGNS UI

OLD DESIGNS UI

Business Goals
Business Goals
  • Increase loan applications through the website.

  • Improve user satisfaction and engagement.

  • Enhance the brand’s online presence and credibility.

  • Provide clear and accessible information about loan products and processes.

  • Ensure a seamless user experience across all devices.

  • Increase loan applications through the website.

  • Improve user satisfaction and engagement.

  • Enhance the brand’s online presence and credibility.

  • Provide clear and accessible information about loan products and processes.

  • Ensure a seamless user experience across all devices.

  • Increase loan applications through the website.

  • Improve user satisfaction and engagement.

  • Enhance the brand’s online presence and credibility.

  • Provide clear and accessible information about loan products and processes.

  • Ensure a seamless user experience across all devices.

  • Increase loan applications through the website.

  • Improve user satisfaction and engagement.

  • Enhance the brand’s online presence and credibility.

  • Provide clear and accessible information about loan products and processes.

  • Ensure a seamless user experience across all devices.

Target Users
Target Users

Bold Finance’s customer base can be segmented into three primary groups:

Bold Finance’s customer base can be segmented into three primary groups:

Bold Finance’s customer base can be segmented into three primary groups:

Bold Finance’s customer base can be segmented into three primary groups:

Business Owners:
Business Owners:
  • Middle Income: Ages 30-50, earning ₹60k-1 Lakh, occupations include civil contractors, property consultants, and small business owners. They take loans for working capital, business expansion, etc.

  • Lower Middle Income: Ages 30-50, earning ₹20k-60k, occupations include tuitions, tailoring, and small vendors. They take loans for similar reasons as the middle income group.

  • Middle Income: Ages 30-50, earning ₹60k-1 Lakh, occupations include civil contractors, property consultants, and small business owners. They take loans for working capital, business expansion, etc.

  • Lower Middle Income: Ages 30-50, earning ₹20k-60k, occupations include tuitions, tailoring, and small vendors. They take loans for similar reasons as the middle income group.

  • Middle Income: Ages 30-50, earning ₹60k-1 Lakh, occupations include civil contractors, property consultants, and small business owners. They take loans for working capital, business expansion, etc.

  • Lower Middle Income: Ages 30-50, earning ₹20k-60k, occupations include tuitions, tailoring, and small vendors. They take loans for similar reasons as the middle income group.

  • Middle Income: Ages 30-50, earning ₹60k-1 Lakh, occupations include civil contractors, property consultants, and small business owners. They take loans for working capital, business expansion, etc.

  • Lower Middle Income: Ages 30-50, earning ₹20k-60k, occupations include tuitions, tailoring, and small vendors. They take loans for similar reasons as the middle income group.

Service Sector Employees:
Service Sector Employees:
  • Middle Income: Ages 30-50, earning ₹25k-50k, occupations include accountants, sales executives, and IT jobs. They take loans for medical crises, education, and flat installments.

  • Lower Middle Income: Ages 30-50, earning ₹15k-25k, occupations include sales reps and LIC agents. They take loans for similar reasons as the middle income group.

  • Middle Income: Ages 30-50, earning ₹25k-50k, occupations include accountants, sales executives, and IT jobs. They take loans for medical crises, education, and flat installments.

  • Lower Middle Income: Ages 30-50, earning ₹15k-25k, occupations include sales reps and LIC agents. They take loans for similar reasons as the middle income group.

  • Middle Income: Ages 30-50, earning ₹25k-50k, occupations include accountants, sales executives, and IT jobs. They take loans for medical crises, education, and flat installments.

  • Lower Middle Income: Ages 30-50, earning ₹15k-25k, occupations include sales reps and LIC agents. They take loans for similar reasons as the middle income group.

  • Middle Income: Ages 30-50, earning ₹25k-50k, occupations include accountants, sales executives, and IT jobs. They take loans for medical crises, education, and flat installments.

  • Lower Middle Income: Ages 30-50, earning ₹15k-25k, occupations include sales reps and LIC agents. They take loans for similar reasons as the middle income group.

Homemakers:
Homemakers:
  • Ages 30-50, take loans for medical crises, education, flat installments, weddings, and appliances. They are often key decision-makers in taking gold loans.

  • Ages 30-50, take loans for medical crises, education, flat installments, weddings, and appliances. They are often key decision-makers in taking gold loans.

  • Ages 30-50, take loans for medical crises, education, flat installments, weddings, and appliances. They are often key decision-makers in taking gold loans.

  • Ages 30-50, take loans for medical crises, education, flat installments, weddings, and appliances. They are often key decision-makers in taking gold loans.

Secondary Research
Secondary Research

The insights gathered from secondary research included:

The insights gathered from secondary research included:

The insights gathered from secondary research included:

The insights gathered from secondary research included:

  • High mobile phone usage among the target audience necessitating a mobile-responsive design.

  • Most users prefer websites with straightforward navigation and easy access to information.

  • Visual elements like icons and infographics help in better understanding complex processes.

  • Testimonials and reviews significantly influence trust and decision-making.

  • High mobile phone usage among the target audience necessitating a mobile-responsive design.

  • Most users prefer websites with straightforward navigation and easy access to information.

  • Visual elements like icons and infographics help in better understanding complex processes.

  • Testimonials and reviews significantly influence trust and decision-making.

  • High mobile phone usage among the target audience necessitating a mobile-responsive design.

  • Most users prefer websites with straightforward navigation and easy access to information.

  • Visual elements like icons and infographics help in better understanding complex processes.

  • Testimonials and reviews significantly influence trust and decision-making.

  • High mobile phone usage among the target audience necessitating a mobile-responsive design.

  • Most users prefer websites with straightforward navigation and easy access to information.

  • Visual elements like icons and infographics help in better understanding complex processes.

  • Testimonials and reviews significantly influence trust and decision-making.

Competitive Analysis
Competitive Analysis

For the competitive analysis, I examined three main competitors in the gold loan sector: Muthoot Finance, Manappuram Finance, and HDFC Bank Gold Loans. Each was analyzed based on four key sections: Home, About, Customer Page, and Branch Page.

For the competitive analysis, I examined three main competitors in the gold loan sector: Muthoot Finance, Manappuram Finance, and HDFC Bank Gold Loans. Each was analyzed based on four key sections: Home, About, Customer Page, and Branch Page.

For the competitive analysis, I examined three main competitors in the gold loan sector: Muthoot Finance, Manappuram Finance, and HDFC Bank Gold Loans. Each was analyzed based on four key sections: Home, About, Customer Page, and Branch Page.

For the competitive analysis, I examined three main competitors in the gold loan sector: Muthoot Finance, Manappuram Finance, and HDFC Bank Gold Loans. Each was analyzed based on four key sections: Home, About, Customer Page, and Branch Page.

Muthoot Finance
Muthoot Finance

Muthoot Finance features a clean, professional homepage with trust-building elements, clear call-to-action buttons, and comprehensive about and customer sections. The user-friendly branch locator provides detailed contact information, operating hours, and services for each branch.

Muthoot Finance features a clean, professional homepage with trust-building elements, clear call-to-action buttons, and comprehensive about and customer sections. The user-friendly branch locator provides detailed contact information, operating hours, and services for each branch.

Muthoot Finance features a clean, professional homepage with trust-building elements, clear call-to-action buttons, and comprehensive about and customer sections. The user-friendly branch locator provides detailed contact information, operating hours, and services for each branch.

Muthoot Finance features a clean, professional homepage with trust-building elements, clear call-to-action buttons, and comprehensive about and customer sections. The user-friendly branch locator provides detailed contact information, operating hours, and services for each branch.

Muthoot finance UI

Muthoot finance UI

Manappuram Finance
Manappuram Finance

Manappuram Finance's modern, user-friendly homepage highlights loan benefits and features a quick loan calculator. Detailed company overview, customer testimonials, and step-by-step loan guides enhance user experience. The interactive branch locator includes filters and detailed branch contact information.

Manappuram Finance's modern, user-friendly homepage highlights loan benefits and features a quick loan calculator. Detailed company overview, customer testimonials, and step-by-step loan guides enhance user experience. The interactive branch locator includes filters and detailed branch contact information.

Manappuram Finance's modern, user-friendly homepage highlights loan benefits and features a quick loan calculator. Detailed company overview, customer testimonials, and step-by-step loan guides enhance user experience. The interactive branch locator includes filters and detailed branch contact information.

Manappuram Finance's modern, user-friendly homepage highlights loan benefits and features a quick loan calculator. Detailed company overview, customer testimonials, and step-by-step loan guides enhance user experience. The interactive branch locator includes filters and detailed branch contact information.

Manappuram Finance UI

Manappuram Finance UI

HDFC Bank Gold Loans
HDFC Bank Gold Loans

HDFC Bank Gold Loans' professional homepage focuses on key loan benefits, featuring a loan calculator and quick links. The concise about section highlights partnerships and accolades. The customer page offers detailed product information, and the branch locator provides comprehensive branch details.

HDFC Bank Gold Loans' professional homepage focuses on key loan benefits, featuring a loan calculator and quick links. The concise about section highlights partnerships and accolades. The customer page offers detailed product information, and the branch locator provides comprehensive branch details.

HDFC Bank Gold Loans' professional homepage focuses on key loan benefits, featuring a loan calculator and quick links. The concise about section highlights partnerships and accolades. The customer page offers detailed product information, and the branch locator provides comprehensive branch details.

HDFC Bank Gold Loans' professional homepage focuses on key loan benefits, featuring a loan calculator and quick links. The concise about section highlights partnerships and accolades. The customer page offers detailed product information, and the branch locator provides comprehensive branch details.

HDFC BANK GOLD LOANS UI

HDFC BANK GOLD LOANS UI

Key Takeaways for Bold Finance:
Key Takeaways for Bold Finance:
  • Home Page: Trust-building elements, prominent call-to-action buttons, clean and modern design.

  • About Page: Comprehensive information about mission, vision, and achievements, highlighting partnerships and awards.

  • Customer Page: Detailed explanations of loan products, simplified with visuals.

  • Branch Page: User-friendly locator with detailed branch information, including contact details and operating hours.

  • Home Page: Trust-building elements, prominent call-to-action buttons, clean and modern design.

  • About Page: Comprehensive information about mission, vision, and achievements, highlighting partnerships and awards.

  • Customer Page: Detailed explanations of loan products, simplified with visuals.

  • Branch Page: User-friendly locator with detailed branch information, including contact details and operating hours.

  • Home Page: Trust-building elements, prominent call-to-action buttons, clean and modern design.

  • About Page: Comprehensive information about mission, vision, and achievements, highlighting partnerships and awards.

  • Customer Page: Detailed explanations of loan products, simplified with visuals.

  • Branch Page: User-friendly locator with detailed branch information, including contact details and operating hours.

  • Home Page: Trust-building elements, prominent call-to-action buttons, clean and modern design.

  • About Page: Comprehensive information about mission, vision, and achievements, highlighting partnerships and awards.

  • Customer Page: Detailed explanations of loan products, simplified with visuals.

  • Branch Page: User-friendly locator with detailed branch information, including contact details and operating hours.

Final UI
Final UI

Modern, clean, and professional design aligned with Bold Finance's brand, featuring trust-building elements, clear call-to-action buttons, and responsive layout for a seamless user experience across all devices.

Modern, clean, and professional design aligned with Bold Finance's brand, featuring trust-building elements, clear call-to-action buttons, and responsive layout for a seamless user experience across all devices.

Modern, clean, and professional design aligned with Bold Finance's brand, featuring trust-building elements, clear call-to-action buttons, and responsive layout for a seamless user experience across all devices.

Modern, clean, and professional design aligned with Bold Finance's brand, featuring trust-building elements, clear call-to-action buttons, and responsive layout for a seamless user experience across all devices.

Home Page UI
Home Page UI

Engaging hero section with a clear call-to-action, simplified loan application steps, trust-building testimonials, and information about partners and investors, all presented in a visually appealing and user-friendly layout.

Engaging hero section with a clear call-to-action, simplified loan application steps, trust-building testimonials, and information about partners and investors, all presented in a visually appealing and user-friendly layout.

Engaging hero section with a clear call-to-action, simplified loan application steps, trust-building testimonials, and information about partners and investors, all presented in a visually appealing and user-friendly layout.

Engaging hero section with a clear call-to-action, simplified loan application steps, trust-building testimonials, and information about partners and investors, all presented in a visually appealing and user-friendly layout.

HOME PAGE UI

HOME PAGE UI

About Page UI
About Page UI

Comprehensive company overview highlighting the mission to enable financial freedom for Bharat, detailed founder bios, investor information, and a clean, professional design that builds trust and credibility.

Comprehensive company overview highlighting the mission to enable financial freedom for Bharat, detailed founder bios, investor information, and a clean, professional design that builds trust and credibility.

Comprehensive company overview highlighting the mission to enable financial freedom for Bharat, detailed founder bios, investor information, and a clean, professional design that builds trust and credibility.

Comprehensive company overview highlighting the mission to enable financial freedom for Bharat, detailed founder bios, investor information, and a clean, professional design that builds trust and credibility.

ABOUT PAGE UI

ABOUT PAGE UI

Customer Page UI
Customer Page UI

Detailed information on loan products, easy-to-follow application steps, benefits of choosing Bold Finance, and customer testimonials presented in a clean and accessible format with supportive visuals.

Detailed information on loan products, easy-to-follow application steps, benefits of choosing Bold Finance, and customer testimonials presented in a clean and accessible format with supportive visuals.

Detailed information on loan products, easy-to-follow application steps, benefits of choosing Bold Finance, and customer testimonials presented in a clean and accessible format with supportive visuals.

Detailed information on loan products, easy-to-follow application steps, benefits of choosing Bold Finance, and customer testimonials presented in a clean and accessible format with supportive visuals.

cUSTOMER PAGE UI

cUSTOMER PAGE UI

Branch Page UI
Branch Page UI

User-friendly branch locator with detailed listings including contact information, operating hours, and services offered, all presented in a clean, easily navigable layout to help users find the nearest branch quickly.

User-friendly branch locator with detailed listings including contact information, operating hours, and services offered, all presented in a clean, easily navigable layout to help users find the nearest branch quickly.

User-friendly branch locator with detailed listings including contact information, operating hours, and services offered, all presented in a clean, easily navigable layout to help users find the nearest branch quickly.

User-friendly branch locator with detailed listings including contact information, operating hours, and services offered, all presented in a clean, easily navigable layout to help users find the nearest branch quickly.

Branch PAGE UI

Branch PAGE UI

Outcome
Outcome

The redesigned website achieved:

  • A 40% increase in loan application submissions.

  • Enhanced user engagement with a 25% increase in average session duration.

  • Positive user feedback highlighting improved navigation and accessibility.

  • Higher mobile usage satisfaction due to the responsive design.

The redesigned website achieved:

  • A 40% increase in loan application submissions.

  • Enhanced user engagement with a 25% increase in average session duration.

  • Positive user feedback highlighting improved navigation and accessibility.

  • Higher mobile usage satisfaction due to the responsive design.

The redesigned website achieved:

  • A 40% increase in loan application submissions.

  • Enhanced user engagement with a 25% increase in average session duration.

  • Positive user feedback highlighting improved navigation and accessibility.

  • Higher mobile usage satisfaction due to the responsive design.

The redesigned website achieved:

  • A 40% increase in loan application submissions.

  • Enhanced user engagement with a 25% increase in average session duration.

  • Positive user feedback highlighting improved navigation and accessibility.

  • Higher mobile usage satisfaction due to the responsive design.

  • More Work

  • More Work

  • More Work

  • More Work

Entvin Internship Utkarsh Dhairya Panwar
Entvin Internship Utkarsh Dhairya Panwar

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Adobe Designathon Runner up

Adobe Designathon Runnerup

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Second Rank in Adobe Designathon. I designed UX for an app enhancing visitor experience in botanical gardens through interactive guides.

Second Rank in Adobe Designathon. I designed UX for an app enhancing visitor experience in botanical gardens through interactive guides.

Second Rank in Adobe Designathon. I designed UX for an app enhancing visitor experience in botanical gardens through interactive guides.

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Entvin Internship Utkarsh Dhairya Panwar

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