Lending

It is estimated $220 Billion loans will be disbursed by end of 2020 via fintechs Traditional Lenders are entering fast in this space to compete with fintechs



Work Flow

  1. Identify Target Market
  2. Create Customized schemes for customers : In PNB System
  3. Create Cross Selling opportunities : through APP’s like eCommerce, eMANDI, Education ERP
  4. Customers acquisition through digital medium for these schemes: LoanMate
  5. Expend knowledge through digital model with respective customers: Digital Marketing
  6. Touch base with these customers: Digitally, DSA’s, Call Centre
  7. CRM to monitor status
  8. Loan Acquisition:

    9. - Eligibility assessment
    - Score sheet preparation: receive statues from backend PNB system
    - Interview with document scanning and upload
    - Loan Application finalization
    - Field Investigation
    - Recapture Score Sheet Data and take timely action
    - Escalation Matrix if approval pending from X day Cycle.

  9. Loan Application with necessary documents is received and pushed to PNB backend system
  10. Loan Sanction or Rejection
App

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Flow:

Productization
  • Product Creation
  • Eligibility define
  • Parameterization
  • Access Right
  • Deviation Parameter
  • Monitoring Parameter
  • Document parameter
  • Charges Parameter
  • NPA Parameter
  • Loan Securitization Parameter
Process/Activity
  • Business Card
  • Document Upload
  • Loan Interview
  • Loan Application
  • Field Investigation
  • Loan Appraisal
  • Recommendation
  • Sanction
  • Documentation
  • Disbursement
  • PDC/ECS
  • Recovery
Monitoring (90 Day Cycle)
  • Business Card
  • Document Upload
  • Loan Interview
  • Loan Application
  • Field Investigation
  • Loan Appraisal
  • Recommendation
  • Sanction
  • Documentation
  • Disbursement
  • PDC/ECS
  • Recovery


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100% API driven:

  1. Anything and everything is API interfaced with our backend
  2. We can create UI for you on Web and Mobile
  3. You can pick up solutions and link to our Backend seamlessly using API’s
  4. API’s integrations done by us:

    5. - With Finnacle for Punjab National Bank
    - With TCS for Indian Bank and Central Bank of India
    - With PFMS for SNA system for Indian Bank
    - With PFMS for various Banks
    - With CKYC for various Banks
    - With TCS and Finnacle for AML



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Customer Acquisition:

App
  1. Create Potential Customer Database
  2. Import Potential Customer Database
  3. Contact Potential Customers
  4. Data Capturing of the Customer through Interview method
  5. CIBIL data verification
  6. ITR and GST data verification with direct interface from Portals
  7. Document Upload as required
  8. Filed Investigation
  9. Sanction or Rejection


Role of DSA

The role of the DSA shall be concentrated in customer acquisition and Pre-sanction activities along with Loan Recovery. DSA shall be required to :

  • generate leads
  • Mature them with necessary data captured using Mobile tools
  • collect loan application forms and other related / required documents
  • forward the same to the HUB for further action at theirs.
  • At the HUB, leads which have been forwarded by DSA shall be followed up at the level of Credit Appraisal Team Member for their eventual conversion into business gains for the Bank in terms of Bank’s laid down policy guidelines
  • Collect Loan Installment from Account Holder


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Digital Ecosystem:

App


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