Federal Bank launches WhatsApp Lending Platform for Pre-Approved Personal Loans

Federal Bank, a leading private sector Bank launched a WhatsApp Lending Platform. Through this platform, customers can apply for pre-approved personal loan. This platform would mark a significant advancement in providing seamless financial solutions to customers. The platform was inaugurated by Federal Bank's Chairman, Mr. AP Hota in the presence of Shyam Srinivasan, MD & CEO, Shalini Warrier, Executive Director, Sumoth C, Vice President & Head - Digital and Federal Bank staff members.

With the introduction of the WhatsApp Lending Platform, Federal Bank empowers its customers to effortlessly access pre-approved personal loans with unprecedented ease. This revolutionary approach streamlines the loan application process, underscoring Federal Bank's commitment to delivering exceptional customer experiences and expedited financial solutions.

Shalini Warrier, Executive Director, Federal Bank said, "Federal Bank's thrust on digitization and innovation continues with the launch of the WhatsApp Lending Platform. This is a key step towards offering accessible and efficient financial services to Federal Bank's esteemed clientele. Through this innovative channel, customers can conveniently and intuitively complete a journey to apply for pre-approved personal loans, thereby eliminating unnecessary complexities and delays often associated with traditional loan processes."

For customers seeking the ease and speed of availing themselves of pre-approved personal loans can send a 'Hi' to Federal Bank's WhatsApp Lending Number : 9633 600 800.

Shares of The Federal Bank Limited was last trading in BSE at Rs. 143.10 as compared to the previous close of Rs. 143.80. The total number of shares traded during the day was 508832 in over 4556 trades.

The stock hit an intraday high of Rs. 144.50 and intraday low of 142.50. The net turnover during the day was Rs. 72982787.00.

Source : Equity Bulls

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TheFederalBank INE171A01029 WhatsApp LendingPlatform PreApprovedPersonalLoan