Hero FinCorp and Salesforce slash loan processing time by 72% with Agentforce AI agents

Hero FinCorp teams up with Salesforce to drive loan processing with Agentforce

Salesforce and Hero FinCorp partnered to speed up loan processing. Hero FinCorp deployed Salesforce's Agentforce and other tools. This has improved loan turnaround time by 72 percent for two-wheeler loans. The technology automates many steps, from document checks to disbursal. This leads to faster lending and better experiences for customers and employees. New Delhi, Salesforce on Monday announced its collaboration with diversified Indian NBFC Hero FinCorp, to accelerate loan processing with Agentforce. Salesforce Agentforce is a platform for building and deploying autonomous AI agents across an organisation. Hero FinCorp has streamlined key stages of the lending process, enabling faster credit access for first-time buyers, strengthening dealer relationships, and delivering measurable improvements in customer satisfaction and team productivity, according to a release. "Hero FinCorp has deployed Agentforce, Data 360, MuleSoft, Agentforce Sales, and Agentforce Service, to build a connected foundation for intelligent loan processing," the release added. Hero FinCorp has achieved 72 per cent loan turnaround time improvement for two-wheeler loan processing with Agentforce, it informed. With Agentforce, Hero Fincorp automates key steps across pre-sanctioning and post-sanctioning, including document extraction, application validation, PAN and Aadhaar verification, credit and bank checks, e-signature initiation, document processing, and loan disbursal. All of this translates into faster, more efficient lending at scale, as per the release. Data 360 unifies Salesforce and external data sources to create a foundation for automation, while MuleSoft connects government verification systems, financial institutions, and document repositories through API-led integrations. Agentforce Sales and Agentforce Service power the customer and operational workflows underpinning the lending journey, the release said, adding that together these capabilities are supporting Hero FinCorp in streamlining loan approvals and deliver better experiences for customers, dealers, and employees.

Hero FinCorp Collaborates with Salesforce to Accelerate Loan Processing with Agentforce

Salesforce today announced its collaboration with Hero FinCorp, a diversified Indian NBFC, to revolutionise loan processing with Agentforce. With this partnership, Hero FinCorp has streamlined key stages of the lending process, enabling faster credit access for first-time buyers, strengthening dealer relationships, and delivering measurable improvements in customer satisfaction and team productivity. Hero FinCorp has deployed Agentforce, Data 360, MuleSoft, Agentforce Sales, and Agentforce Service, to build a connected foundation for intelligent loan processing. With Agentforce, Hero Fincorp automates key steps across pre-sanctioning and post-sanctioning, including document extraction, application validation, PAN and Aadhaar verification, credit and bank checks, e-signature initiation, document processing, and loan disbursal -- powering faster, more efficient lending at scale. Data 360 unifies Salesforce and external data sources to create a trusted foundation for automation, while MuleSoft connects government verification systems, financial institutions, and document repositories through API-led integrations. Agentforce Sales and Agentforce Service power the customer and operational workflows underpinning the lending journey. Together, these capabilities are helping Hero FinCorp streamline loan approvals and deliver better experiences for customers, dealers, and employees. Hero FinCorp has achieved a 72% improvement in loan turnaround time for two-wheeler loan processing, with 92% of applications now going through Agentforce-enabled workflows. The company has also avoided 77% of Not In Good Order (NIGO) cases at the sales stage itself, helping reduce rework, minimise delays, and create a faster, smoother loan experience for customers and dealers. Today, the solution supports 6,461 dealers across India. These improvements are helping Hero FinCorp meet growing demand with greater agility, serve more customers, strengthen dealer relationships, and expand access to credit across India. Commenting on the partnership, Mr. Abhimanyu Munjal, Managing Director & CEO of Hero FinCorp, shared, "At Hero FinCorp, we are leveraging AI, data and digital innovation to transform the way customers access credit. As we continue to scale our business and expand financial inclusion across India, enhancing speed, efficiency and customer experience through technology remains a strategic priority. Our collaboration with Salesforce supports this vision by helping streamline key stages of the lending lifecycle and significantly reduce turnaround times. This is an important step in our journey to build a more agile, data-driven and customer-centric lending platform that can serve customers and dealer partners at scale, while strengthening the foundation for sustained and responsible growth." Mankiran Chowhan, Managing Director, Salesforce India, said, "As customer expectations continue to evolve and financial institutions look for new ways to deliver faster, more seamless experiences, AI is becoming a strategic enabler for the future of financial services. Hero FinCorp is at the forefront of this transformation, leveraging Agentforce, data, and automation to reimagine loan processing and unlock new levels of efficiency, scalability, and customer service. Their approach shows how organizations can apply trusted AI to modernize core business operations while staying focused on what matters most -- serving customers better. We are proud to partner with Hero FinCorp as they continue to drive innovation and expand financial access across India." The collaboration builds on Hero FinCorp's long-standing Salesforce foundation, with support from Salesforce Professional Services and Signature Success. After building and launching its first agent in just three weeks, Hero FinCorp is using Agentforce Builder to explore loan-processing agents for its business loans, loan against property and car loan teams, as well as a sales assistant agent to automate repetitive tasks for sales representatives. As Hero FinCorp expands its data and AI strategy, it is creating a trusted automation foundation to streamline operations, empower employees, and help more customers access financing.