IIFL Finance has launched WhatsApp Instant Business Loan facility. Under this, customers can take a business loan of up to Rs 10 lakh through the social media platform.
Getting a loan through banks and other financial institutions is a cumbersome process. Despite the development of technology in the digital age, borrowers have to wander from rate to door. To ease this burden and ease the process, IIFL Finance has launched WhatsApp Instant Business Loan facility. Under this, customers can take a business loan of up to Rs 10 lakh through the social media platform. The company claims that the loan will be approved in 10 minutes.
The company said that we are the first NBFC in the country to launch Instant Business Loan on WhatsApp. Users will be able to get a loan of up to Rs 10 lakh in 5 minutes with minimum documentation and approval. In today’s world of text, chat and tweets, merchants want to interact with businesses the same way they engage with their family and friends. Indians love to chat on WhatsApp. It is easy, convenient and secure end to end.
There are more than 450 million WhatsApp users in India. With the help of this loan can be obtained in 10 minutes. With the help of AI-bot, the user’s input will be matched with the loan offer. You can apply for loan 24×7. After this, the application can be made through KYC, bank account verification and mandate settlement.
To avail loan from IIFL Finance through WhatsApp, the user has to send “Hi” to the number 9019702184. After that basic information has to be given. His KYC has to be completed and bank transfer details will have to be verified. After this the registration will have to be completed and you will get the money deposited in your account immediately.
IIFL Finance is one of the largest retail focused Non-Banking Finance Companies (NBFCs) in India. It offers various loans for mortgage and other categories. Its loan portfolio includes home loans, gold loans, business loans, microfinance, capital market finance and others.
Shehnaz is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing about Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.