Loan management software is designed to streamline and automate the process of managing loans throughout their lifecycle. It is commonly used by financial institutions such as banks, credit unions, and lending companies to efficiently handle loan origination, processing, servicing, and tracking.
Facilitate the application process for borrowers to apply for loans online or in person. Capture and store applicant information, including personal details, financial history, and documentation. Generate credit reports and assess creditworthiness to make informed lending decisions. Store and organize all relevant documents related to loan applications and approvals. Streamline document submission and verification processes. Customize loan products and parameters such as interest rates, repayment terms, and fees.Automatically calculate interest based on the agreed-upon terms and update balances accordingly.
Send automated communication to borrowers, including loan approval notifications, payment reminders, and statements. Provide alerts for significant events such as upcoming payments or changes in loan terms.Loan management software plays a crucial role in automating and optimizing the lending process, improving accuracy, reducing manual effort, and enhancing overall operational efficiency for financial institutions.
Personal loan is given to the customers by Branch. It is automatic managed. There is a penalty charge...
Vehicle loan is given to the customer by Branch. It is automatic managed. There is a penlty charge...
We add new customers to whom we give loans. It manages the customer's account Pennalty...
Setting is most important features in this software Which is mangage such as General Setting etc.
View the Report Such as Running Loans, Cash Sheet, Expenses, Day Book, Profit & Loss Account& Balance etc.
Maintenance software is a type of software that is used to manage the process of Profit and Loss money. .
Account Management is used to manage a Bank Deposite, Bank Withdrawls, etc.
EMI is paid to branch by customers and view the installments. View the Invoice.
You can add Expenses and View the Expense Such as Office Expense, Employee Salary, and Maintance etc.
Multi-Branches is created by Admin. The branch has features like giving loan and credit back etc.
Capital Account have many features like Manage Capital Received and Manage Capital Return.
View the Data such as Manage Bank Deposits, Manage Bank Withdrawls, Ledger and Bank Sheet etc.