Voice AI

AI Calls for Co-operative Banks & Societies

How co-operative banks and credit societies use AI voice calls for EMI reminders, deposit maturity and renewal calls, KYC update reminders and member notices.

Edesy Team2 min read

Frequently asked questions

How can a co-operative bank use AI voice calls?

For loan EMI reminders, fixed and recurring deposit maturity and renewal calls, KYC update reminders, AGM and member meeting notices, and new scheme announcements, in the member's language.

Can the AI discuss account details?

Only after confirming it is speaking to the account holder, and only the details you pass to it, such as the amount due or maturity date. It should never ask for PINs, passwords or OTPs.

Which languages do co-operative banks use?

Usually the state language: Marathi, Gujarati, Kannada, Malayalam, Tamil, Telugu, Bengali or Hindi, often mixed with English words like EMI and FD.

Is it compliant to call borrowers with AI?

Follow your regulator's instructions and the RBI rules for recovery calls, including calling hours between 8 am and 7 pm. Keep scripts polite and factual, identify the bank and record calls.

How much does a reminder call cost?

On Edesy, calls cost Rs 4-6 per started minute depending on your prepaid top-up and unanswered calls are free.

Edesy Team

The Edesy engineering team, building voice AI, messaging, and automation products for Indian businesses.

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