FinCraftTM Core NBFC Lending Software Solution

FinCraft^TM NBFC Software

The NBFC sector in India has undergone a noteworthy revolution over the past few years. It has come to be recognised as one of the systemically important components of the financial system and has shown consistent year-on-year growth.

The influence of NBFCs, along with their robust understanding of the market, makes them a better substitute to the traditional ways of banking. The end users of NBFCs, even in far flung rural pockets, are increasingly adopting digital as a way of daily life & expect their financial provider to be fintech savvy too.

FinCraft^TM – The agile NBFC Software Solution to expand your business rapidly and help innovate.

FinCraft^TM NBFC Software is a comprehensive, integrated, customizable, cutting-edge solution, designed to manage the complete loan lifecycle. It enables consumers to implement custom-made products within minutes and automate their business processes thus improving the overall operational efficiency.

Our Lending Management Software for NBFCs & NBFC Startups empowers the organization to optimize their operational risks and decrease manual intermediation to fortify their workflow. The omni-channel Loan Management Solution for Non-Banking Financial Companies allows consumers to initiate and screen their loan applications across mobile and online channels and also delivers a seamless customer experience.

With NBFCs business focus now on stringent timelines, the FinCraft^TM NBFC Software is recommended as a best loan management solution which is available as an off the shelf offering that can be easily deployed

Benefits

Reduced Process Time

Real Time Accounting to improve Cash Management

Risks Mitigation due to instant Insurance operationalization

Unified Solution saves efforts required for the Reconciliation

Improved Operational efficiency due to integrated Solution

Loan Life Cycle Management

01. Lead Generation

Omni Channel Lead Generation. Activities like Lead initiation and categorisation, Lead qualification with credit bureau integration, Lead bucketing, QDE (Quick Data Entry) and Customer On boarding are performed seamlessly.

02. Loan Origination System

Loan Application to Disbursement, Covers the Entire Workflow. Whether you are on boarding an individual client or a group, with our NBFC loan Origination System you could complete the entire process in a matter of minutes.

03. Loan Management System

Disbursement to Loan Closing, covers the entire lifecycle. FinCraft^TM Loan Management System facilitates End-to-end Loan Management functionality for all types of loans & Advances. NBFC Loan Management Solution (LMS) offers Configurable Product rule engine consisting of Limit Frame Work, Collateral Setup, Recovery Appropriation Policy, Interest & Changes Structure etc.

04. Collections

NBFC Lending Collections software help track & manage delinquent consumers and minimize delinquencies using tighter supervision. The system facilitates proactive actions through all stages from soft calling to hard bucket collections.

05. Mobility First Approach

Nelito has been awarded "Enterprise Mobility Management Solution of the Year" at the prestigious Indian ISV Awards 2017. FinCraft^TM Lending Mobile Application Suite helps improve operational efficiency due to integrated solution and the mobility solution has enabled the field force resulting in higher loan disbursements & higher market penetration.

06. Business Analytics

Make rapid, more informed lending decisions and strengthen customer lending business management with Lending Analytics. This helps banks to drive revenue & profits and reduce risks.

Line of Business

Retail

Gold Loan
Consumer Vehicle Loan
Personal Loan
Consumer Education Loan
Mortgage Loan
Loan to Traders
Housing Loans

SME/MSME

Business Loan
Working Capital Loan
Machinery Loans
Loan Against Property
Construction Equipment
Commercial Vehicle
Supply Chain Finance

Group Lending

Micro Finance
Income Generating Loan
Sanitation Loan
House Improvement Loan
Utility Loans

Individual Lending

MEL Loans
IL Utility
House Repair
Income Generating Loan

Testimonials

The business team is very diligent and understands the needs. The product offered is aligned based on the business model of the client. The product is very flexible and the product team is open to customize the product as per the needs of the business. Senior leadership across departments and the CEO are approachable and available for calls.

Prema Jaiswal ( AVP Operations )Caspain Impact Investment Pvt Ltd.

The project headed by Mr. Prashant Hedge & team have put their good efforts in Implementing new ASP software successfully which is as per our satisfaction.

Maheshwari ( IT Head )Vikramaditya Nagrik Sahakari Bank Ltd

"Nelito has Good knowledge of industry. Good customer orientation. They were Flexible and Open to new ideas and suggestions."

Mr. Ratheesh K. Bharathan (Exec. Vice President & Co- Founder)WheelsEMI Pvt. Ltd

"The best mix of functionality and technological support and our vision of "Cash Less and Paper Less" work environment for Sonata has come true with our technological partner Nelito. I highly recommend FinCraft Core Microfinance platform and especially integrations with a number of third party services."

IT Head Sonata Finance Pvt. Ltd.