IIFL Finance offers up to Rs 10 lakh business loan on WhatsApp

Business MInutes

IIFL Finance offers up to Rs.10 lakh business loan to customers on WhatsApp with quick 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. 

Over 450 million users of WhatsApp in India can avail a 24x7 end-to-end digital loan facility from IIFL Finance. IIFL Finance is one of India’s largest retail-focussed NBFCs with over 10 million customers, mostly unbanked and underbanked. IIFL Finance is the preferred loan destination for small entrepreneurs across India, where its present through branches and multiple digital platforms. 

Bharat Aggarwal, Business Head, Unsecured Lending at IIFL Finance said, “IIFL Finance has 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.” 


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