Get instant loan via WhatsApp! CASHe makes it happen in 30 seconds

WhatsApp users will now be able to get instant loans just by typing their name in 30 seconds. An industry-first credit line service has been launched by Financial wellness platform CASHe using its AI-powered chat capability on WhatsApp. As per the information, an instant credit limit will be offered to people without the need for any documents, app downloads or filing of forms.

Informing about the same, a report by livemint said, "Underlying this facility is an AI-powered bot that matches the customer’s inputs and automatically facilitates a formal application along with a KYC check, and once verified, sets up a credit line in a few clicks through a guided conversational flow. The borrower’s details will be generated and displayed based on the name entered – the only key input that the borrower needs to enter at the start of the conversation." Also Read: This WhatsApp Privacy feature will keep your chats SAFE! Know the trick

It can be noted that this facility is built on WhatsApp Business Platform. Here is how people can get loan and how much.

How to get instant loan with the help of CASHe

WhatsApp users can get instant loan with the help of CASHe simply by saving the number +91 80975 53191, according to a report by india.com. After you save the number, you will have to go to the WhatsApp chat box and type Hi and send it to the number. As you send the message, WhatsApp Business users will get a pre-approved loan. Also Read: Nothing Phone (1): This is IT! Your first look at this upcoming iPhone rival

It can be known that the process of KYC and verification under this feature will be done through AI-powered mode and after that the credit line will be decided. Also, only salaried customers will be able to avail this facility.