goFIN™ Loan Management is an advanced optimized and cost effective loan
servicing software tool for banks and other financial institutions that enhance the
loan management operations & Customer Service Excellence.
The system is highly configurable to configure various rules and policies which allows
NBFCs and Banks to provide various Repayment Options Including Interest Holidays etc.,
Multi Party/Instrument Loan Disbursal, Multiple Billing Cycle management, Configure CBC,
Late Payment Charges & Penalties, Loan Re-scheduling, Loan Re-structuring, Pre-Closure,
Settlement, Write-off, Part Pre-Payment, Delinquency Management, Asset Classifications,
NPA Provisioning, Repo Marking, GL Mapping, Loan Cancellation etc.
The solution offers Straight through Processing (STP) for majority of the loan operational
transactions such as instalment change, tenure change, due day change, part pre-payment,
rate type conversion and more, which helps in automating many vital functions in the loan
servicing lifecycle.
goFIN™ Loan Management supports both cloud and on premise deployments and available on various open
source platform like middleware & Databases to save high upfront capital expenditure.