BUSINESS
Instant Loan through WhatsApp – Know the Process
Tata Capital, a financial services company of the Tata group, has launched instant lending through WhatsApp. The company has named this facility as ‘Swift Insta Personal Loan’ (SIPL). Existing customers of Tata Capital can easily apply for loans and obtain loan approval through the company’s WhatsApp chatbot TIA. This information has been given in the press release issued by the company. The company recently launched WhatsApp chatbot TIA. Customers receive various types of notifications through this chatbot.
A release issued by Tata Capital stated that this chatbot is capable of providing customers with information related to their EMI, from updating customer records. The company has said that it is a very convenient medium, and that is why SIPL has been launched on WhatsApp. The company says that it allows customers to apply for loans on a single platform and get approval.
The process to Apply:
- To apply SIPL, existing customers have to save 7506756060 number in their phone. After this, you have to message by writing ‘Hi’.
- From the menu, select ‘Swift Insta Personal Loans’.
- After this, verification has to be done through ‘one-time password’.
- Choose the loan amount and wait for the approval.
- You will get immediate information about the provision of loan approval.
After following these steps, customers will be informed about the approved amount of SIPL on email ID.
On the launch of this instant loan facility on WhatsApp, A Banerjee, chief marketing and digital officer, Tata Capital, said, “Our initiative is for digitally savvy customers who want more than one solution on one platform .. .. Based on the increase in a service request and customer feedback, we have expanded our services available on WhatsApp. SIPL is a step in that direction, and we will expand this platform even more in future.