NBFC Software Development Services
Empower your non-banking financial company (NBFC) with our advanced, custom-built software solutions. At W2G Solutions, we specialize in delivering robust, scalable, and compliant NBFC software to streamline operations, enhance customer experiences, and drive business growth.
NBFC Software
Loans can be the sold bedrock on which financial institutions operate and generate revenues. However, it can be tough to manage Loans when these are handed out to thousands of people. W2G NBFC Software for financial institutions makes it a breeze to manage Loans through its automation features.
With W2G Loan Management Software all your Loan related activities are fully automated and controllable. An easy to use dashboard gives a bird’s eye view and also lets you zero in to specifics while one can also generate reports.
The W2G Solutions NBFC Software includes prebuilt exercises beginning from Advance record execution, Advance Record creation and Advance Payment, Supported and Non-Financed Breaking point the board, Guarantee The board, Reimbursement Timetable, Assortment work process, Adjusting and Late, Premium and Charges Application, Record settlement, NPA The board, discount to Replacement and reschedule action.
Some of the Features of W2G Loan Management Software:
- Structure principal, fees and interest
- Modify and reschedule Loans
- Monthly reminders, installments and interest calculations
- Refinance Loans
- Define EMIS, variables and payment structures
- Credit reports
- Manage each Loan through its lifecycle, terminate Loans and close accounts
- Loan buyback management
- Scrutiny, approval and disbursal as well as easy linking to bank accounts for monthly ECS
- Broker section
- Adjust transactions, penalty, waivers
- CRM for easy communications and to generate more customers
- Separate sections for consumer Loans and business Loans segmented into online, line of credit and real estate as well as commercial and industrial Loans.
Why Choose Our NBFC Software Solutions?
- 1. Tailored for NBFCs: Our software is designed to meet the unique needs of non-banking financial institutions, including loan management, customer onboarding, and regulatory compliance.
- 2. Seamless Integration: Integrate with existing systems, third-party APIs, and banking platforms for a cohesive operational ecosystem.
- 3. Regulatory Compliance: Stay compliant with RBI guidelines and other regulatory frameworks with built-in compliance features.
- 4. Scalable Architecture: Our solutions grow with your business, handling increased transaction volumes and user demands effortlessly.
- 5. Enhanced Security: Protect sensitive financial data with advanced encryption, multi-factor authentication, and secure cloud infrastructure.
Overview - Loan Management Solution
In the changing monetary scene, banks are searching for a cutting-edge, mechanically predominant credit-the-board framework that computerizes key cycles. The need of great importance is for frameworks that are versatile, quick, adaptable, and coordinated while being cost-proficient. W2G Frameworks has arisen as a main worldwide Credit executives Programming supplier because of its measured Programming interface BASED philosophy and profoundly adjustable item, that can incorporate numerous frameworks and an unrivaled credit score process.
Advance Administration Arrangement (LMS) upholds various features of the credit portfolio, beginning from prospecting to conclusion and observing. The complete credit of the executive's arrangement works with banks and monetary establishments to mechanize the techniques for accomplishing cost reserve funds and better client experience. We convey tech-empowered Loaning processes that further develop efficiency and client support through the whole advanced lifecycle.
Advance Administration Arrangement Helps Cost Decrease and Quicker Credit Endorsement Utilizing State of the Art Innovation.
W2G provides a strong Credit Item Suite for Farming Advances, Retail Advances, MSME credits Task Money, and so on which conveys start to finish Credit The board is useful for a wide range of credits and advances. Our Credit The Board Framework offers a Configurable Item rule motor comprising of a Breaking point system, Security Arrangement, Recuperation Allocation Strategy, Interest and Changes Construction, and so forth.
The W2G Solutions LMS credit the board framework assists in quality improvement, further developing circle back with timing, and better help for clients. It helps banks and monetary organizations to work on the action, straightforwardness, capability, and proficiency of their Loaning arrangements.
Key Features
- Loan Product Suite for different types of Loan
- End-to-end Loan Management functionality for all types of Loans & advances
- Write off / Wave off as per regulatory authority rules
- Customer oriented configurable Credit Monitoring activity
- Configurable Product rule engine consisting of Limit Frame Work, Collateral Setup, Recovery Appropriation Policy, Interest & Changes Structure etc.
Industries We Serve
- Microfinance Institutions
- Peer-to-Peer Lending Platforms
- Housing Finance Companies
- Vehicle Financing Firms
- Consumer Finance Providers
Benefits of NBFC Software
- Increment Client reach through the DSA organization
- Cost Decrease and Quicker Credit Endorsement utilizing State of the art Technology/Services
- Diminishes Credit Chance and NPA
- Secure and Adaptable arrangement
- Profound Plunge into Benefit investigation
- Consistence with Administrative Detailing through an exhaustive revealing module
- Improved activities and administration levels with an ideal expense
- Future-proof technology to stay ahead in the competitive financial market.
- Better decision-making with data-driven insights and analytics.