IIFL Finance has introduced to supply as much as ₹10 lakh business loan to prospects on WhatsApp with fast approval.
“IIFL Finance’s business loan on WhatsApp is the first-of-its kind initiative in MSME lending industry, where 100% of the loan application-to-disbursal happens digitally,” the agency mentioned in a press release. IIFL Finance’s WhatsApp loan product is supported by an AI-bot that matches the customers’ inputs to the loan supply, and facilitates the applying.
“WhatsApp users can avail loan from IIFL Finance through WhatsApp by sending a ‘Hi’ to 9019702184, complete the necessary paperless process quickly and receive funds in account,” the agency mentioned.
Bharat Aggarwal, Business Head, Unsecured Lending at IIFL Finance mentioned, “We have simplified the complex journey of a loan application and disbursal through easy paperless offerings over WhatsApp. With focus on small entrepreneurs we have innovated this instant business loan on WhatsApp product.”
