CloudBankIN “Loan Management System” software is geared to enhance operational productivity and deliver an exemplary customer servicing experience to micro-finance institutions.. Our robust and scalable solution is designed with the aim to provide a seamless and high impact technology infrastructure for your business to spread across different geographies.
CloudBankIN loan management system simplifies the challenges your business will face as it grows. The system efficiently streamlines the process by offering easily-configurable modules for all types of loans. The system helps enhance the productivity enabling you to manage your customers in multiple locations through a single platform. CloudBankIN also simplifies the decision making and loan management processes.
Key features
The CloudBankIN loan management system has a suite of features that delivers operational efficiencies, augments your customer service function and full-scale reporting & analytics integration. Here are some key features that build momentum to your loan management function within the micro-finance and NBFC domain:
eKYC Process
FLDG
360 degree of Borrower Profile
Guarantor Management
Compatibility
Co-Borrower
Loan Re-schedule Functionality
Moratorium
Colending
NPA Management
Collateral Management
Credit Bureau Integrations
Multiple Disbursals
Rule Engine
Index Lending Rates
Versatility
Industries that can benefit from CloudBankIN:
Retail – Consumer vehicle Loan, Customer durable loans, Personal Loan, Education loan, Mortgage loan, Gold loan, Loan to traders, and Women empowerment loans.
SME/ MSME – Business loan, Working capital Loan, Machinery loans, Loan against property, Purchase of Construction Equipment, and Purchase of Commercial Vehicle.
Group Lending – Micro-finance, Loans for Income Generation, Loans for Home Improvement, and Utility Loans.
Individual Lending – Loans for Income Generation and Loans For House Repair
Peer to Peer Lending – Short Term Loans
Why Choose CloudBankIN Loan Management System?
At the heart of the comprehensive solution is its ability to let you build a strong customer base driven by exceptional service level quality. This is primarily driven by its all-round capabilities on automated loan management system that build-in several layers of security, automation, and efficiencies, at a fraction of cost.
Here are some advantages of opting for the CloudBankIN loan management system:
- Built exclusively for the micro-finance and NBFC industry with a core focus on customer-centric servicing excellence.
- The business rules engine and workflow built into the solution ensures greater regulatory compliance, faster processing time, and efficiency enhancement. Together, they work to provide significant business traction.
- Granular reporting and dashboard capabilities provide deep insights to deliver actionable decision making.
- Enhanced mobility and device agnostic applications ensure wider outreach for the customers as well as field service personnel.
- The automated loan workflow ensures that all the processes involved right from applying for a loan, on-boarding, and collection are properly executed and managed from time-to-time.
- The sturdy reporting module helps create and publish a detailed financial report that gives a complete overview of the loan portfolio and reinforces decision making to a great extent.
- The hierarchical permission method restricts and maintains a consistent level of access to ensure policy compliance and security.
- The multiple gateway to submit the loan request promises consistent user experience.
What CloudBankIN Comprises Of?
CloudBankIN has pre-built activities covering everything related to the loan process starting from the loan documentation execution process to write off and everything in-between.
- Loan Account Creation
- Loan Disbursement Procedure
- Loan Scheduling & Loan Rescheduling
- Funded & Non-Funded Limits Management
- Collateral Management
- Collection Workflow
- Balancing & Overdue
- Interest & Charges Application
- Account Settlement
- EMI Collections
- Fees Collections
- Repayment Schedule
- Write OFF
- Closure Process
CloudBankIN Solutions for Cost Reduction & Speedier Loan Approvals
CloudBankIN loan management system helps with
- Quality
- Turnaround time
- Better service for customers
- Activity improvisation,
- Transparency, and
- Efficiency of their lending solutions
Connect with us to know more about our comprehensive lending solutions at Habile Technologies. Also, sign up with us for a detailed demo, as you can easily understand the processes involved in the Loan Management System.