Mumbai, June 9 -- This new feature is designed to make gold loan repayments more convenient, secure, and hassle-free for customers.

The smart auto pay feature offers customers a hassle-free and secure repayment experience by automatically debiting the due amount from their registered bank account on the scheduled date. This reduces the risk of missed payments and late penalties. With auto pay, customers benefit from a secure and seamless repayment process, eliminating the need for manual payments or branch visits.

Earlier, Capri Loans had introduced an AI-powered WhatsApp Chatbot that allows customers to manage their gold loan accounts anytime, from anywhere.

Ravish Gupta, business head - Gold Loans, said, "At Capri Loans, our focus is...