Our solution allows you to create, modify, approve, reject, withdraw, and delete loan account applications, as well as assign loan officers and manage loan disbursements.

You can easily track loan performance history and manage repayments on individual and group loan accounts, including the use of collection sheets or other payment types. We also offer the ability to waive interest, write off a loan account, and close a loan account as rescheduled or fully paid.

Our solution also allows you to add, remove, or modify collateral and guarantors on loan accounts, giving you greater flexibility in managing risk.

You can easily create and process bulk JLG loan applications and generate loan transaction reports. Our solution also offers features for rescheduling loans, providing floating rates, and variable installments.

Our solution also supports the tranche loan process, allowing you to provide loans to clients in multiple tranches.

These products define the rules, default settings, and constraints for a financial institution’s current/checking and passbook savings accounts. Savings products provide a template for multiple accounts that are or will be held by the financial institution’s clients, groups, and centers. This product category includes features such as identifying or descriptive information, terms, settings, charges, accounting, savings transfers in suspense, interest on savings, and income from fees.

Share products refer to shares purchased by members of a financial institution, which entitle them to certain rights such as voting, receiving dividends, and accessing services provided by the institution. Share products typically have various features like par value, minimum and maximum purchase amounts, interest rates, and withdrawal penalties.

Term deposit products are time-bound deposit products offered by financial institutions to their clients. These products have a fixed tenure and a fixed interest rate, with the option for automatic renewal. Term deposit products typically offer higher interest rates compared to regular savings accounts, making them a preferred choice for clients looking for a safe and secure investment option.

Fixed deposit products are similar to term deposit products, but they typically have longer tenures and higher interest rates. These products usually require a minimum deposit amount and may have penalties for early withdrawal.

 Recurring deposit products are designed to encourage regular savings by clients. Clients deposit a fixed amount of money every month for a predetermined period, and at the end of the period, they receive the total amount along with the interest earned. Recurring deposit products typically have a lower minimum deposit amount compared to fixed deposit products.