Bank of India, Cashinvoice launch digital MSME lending platform

By Vriti Gothi

Bank of India (BOI), has partnered with Cashinvoice, to launch ‘BOI Trade Easy’, a transformative digital supply chain finance platform designed to deliver fast, transparent, and structured access to credit for India’s micro, small and medium enterprises (MSMEs).

The initiative underscores BOI’s commitment to driving digital transformation in lending and strengthening financial inclusion. Through this platform, the bank aims to disburse ₹1,000 crore in working capital loans within the next four to six months, reaching more than 200,000 MSMEs nationwide.

‘BOI Trade Easy’ radically shortens the loan approval cycle for MSMEs, enabling access to credit in as little as 30 minutes, compared with the conventional 15–30 days. The platform integrates digitised credit assessment with fully automated onboarding, creating a seamless, end-to-end experience for customers.

“Access to timely and structured financing has remained a critical challenge for many Indian MSMEs for years. As part of our broader strategy to support efficient credit delivery and enhance the overall customer experience, we have continued to explore innovative digital solutions that simplify lending and reduce operational bottlenecks,” said Ashok Kumar Pathak, CGM at Bank of India. “Our new platform is a key step in this direction.”

Arun Poojari, Co-founder & CEO, Cashinvoice, said,  “Our partnership with Bank of India represents a key shift in how credit flows in the Indian economy, enabling us to unlock working capital for MSMEs who have been underserved by conventional banking. At Cashinvoice, we believe that every invoice tells a story of a business activity, and our AI-driven platform transforms that story into instant access to capital. Together with BOI, we’re building the financial infrastructure that will power India’s next wave of MSME growth.”

At the core of ‘BOI Trade Easy’ is a Digital Credit Engine, which automates onboarding, conducts real-time risk scoring, and ensures full compliance with regulatory requirements. Seamlessly integrated with BOI’s core banking systems and backed by its extensive network of more than 5,000 branches, the platform delivers a hybrid experience enabling MSMEs to initiate applications digitally while still benefitting from localised, in-person support.