Loan on WhatsApp: Business loan up to Rs 10 lakh on WhatsApp will be approved without any paperwork. For this you have to save this number in your phone.
Loan facility has started on WhatsApp. A company has said that it will give loans up to Rs 10 lakh to customers through WhatsApp. This will be a business loan, which will be approved immediately. There will be no need to worry much for this.
IIFL Finance has decided to provide instant approval for business loans up to Rs 10 lakh to its customers on WhatsApp. IIFL Finance’s Business Loan on WhatsApp is a first of its kind initiative in the MSME loan industry, where 100% of the loan is done digitally from loan application to money transfer. Over 450 million WhatsApp users in India can avail this 24×7 end-to-end digital loan facility from IIFL Finance.
About IIFL Finance
IIFL is one of the largest retail NBFCs in India with over 10 million customers. Most of them are not connected with the bank. It gives loans to small and small scale industries. It also has many branches and is also available digitally.
AI-bot will ask you questions
To avail loan under WhatsApp facility, you will have to answer some questions. If your application matches with all the details, then your loan will be approved. You can start the process by sending “Hi” to 9019702184 to avail the loan. It will be a paperless process. IIFL Finance is currently able to handle 1 lakh MSME credit inquiries through its WhatsApp loan channel.
More focus on small businessmen
Bharat Agarwal, Business Head, IIFL Finance said that IIFL Finance has simplified the complicated journey of loan application and disbursement through a simple paperless offering on WhatsApp. It has more focus on small businessmen.
