Sri Lanka, Oct. 29 -- Bank of Ceylon (BOC) has introduced an artificial intelligence (AI)-powered instant loan facility through its BOC Flex mobile banking application, enabling eligible customers to access credit through a fully digital process without visiting a bank branch.Book Beach Resorts
The newly launched BOC Flex Instant Loan facility allows preapproved customers to apply for and obtain loans directly through their smartphones, eliminating the need for extensive paperwork, physical documentation, or collateral.
The service forms part of the bank's efforts to expand its digital banking capabilities and deliver faster, more convenient financial services through its BOC Flex platform, which operates under an "All-in-One App" concept...