IIFL Finance Via Whatsapp: Get a business loans from IIFL Finance in WhatsApp in 5 min. Send a ‘Hi’ message to 9019702184 and complete the KYC process. Get the loan. Now taking digital loan made easy by whatsapp and IIFL Finance.
IIFL is the first NBFC in the India to launch instant business loan on WhatsApp. Users will be able to avail loan up to ₹10 lakh with minimum documentation and approval in 5 mins,” the company said.
Main moto of the Whatsapp loan is to make business loans accessible to every MSME in India, with a 100% digital loan journey on WhatsApp this is now possible. Whatsapp partnered with IIFL Finance for this first-of-its kind initiative in MSME lending industry, where 100% of the loan application-to-disbursal happens digitally.
What is IIFL Finance Via Whatsapp : The company is using a AI-bot that screens users’ inputs to the loan offer, and facilitates the application through KYC, bank account verification (BAV) and mandate setup. IIFL Finance, along with Setu, our technology service provider, is bringing the ease of chat, to the complex journey of a loan application and disbursal. We’re delighted to announce that for the first time ever, a small merchant can discover, complete formalities and get a disbursal, all via a WhatsApp conversation,” Sanjeev Srivastava, Chief Risk Officer at IIFL Finance said.
IIFL Finance is one of India’s largest retail-focused non-banking financial companies (NBFC). It offers various loans for mortgages and other categories. The product category includes home loans, gold loan, business loan, microfinance, capital Market finance and others. Now Financing the Micro, Small & Medium Enterprises business.
How to get IIFL Finance via Whatsapp loan?
- To get loan from IIFL Finance through WhatsApp, borrowers will have to send a “Hi” to 9019702184, then share basic details.
- Once the loan is approved, the user will have complete know-your-customer procedure (KYC), verify bank transfer details and mandate registration, all on the whatsapp messaging app, to receive funds in account.