| Micro-Finance |
|
|
|
| The micro-finance institutions require the online banking solution which should be economical and at the same time can provide quality services. TrustBank CBS for Microfinance banks has the ability to serve the requirements of micro-finance organizations since the solution has been designed specifically keeping in mind their requirements to reach to the masses. |
 |
| TrustBankCBS’s Micro-Finance functionality automates following Micro-finance related products offered by the bank. |
|
|
| Features available in Trustbank solution for Microfinance banks |
|
 | | Group Loans, Individual Loans | |
| | Daily, Weekly and other periodic repayment models |
|
| | Loan Applications |
|
| | Loan Applications Approvals |
|
| | Loan Disbursement and Repayments |
|
| | Micro - Savings |
|
| | POS integration for on-field repayment and Micro- Savings collections by Field Officer |
|
| |
Online real-time merging of Onsite Collections with TrustBankCBS server |
|
| | Automatic calculation of commission/incentives to loan officers |
|
| | Write Off & Re-scheduling |
|
|
| Reporting requirements of MFIs |
| Below Critical Information requirements of various stake holders have been covered |
|
|
| Field staff/ Agents requirements |
|
| | Loans appraised/sanctioned Vs disbursement particulars |
|
| | Day wise collection statements |
|
| | Loans overdue reports |
|
| | Portfolio Performance Reports |
|
|
| Management Reporting |
|
| Employee Performance Reports |
|
| Key Portfolio Indicators (Financial Health) |
|
| | Loan Outstanding & No. of A/C’s |
|
| | Aging Analysis of Overdue |
|
| | Repayment % |
|
| | Financial Ratios |
|
| | Principal At Risk (PAR) |
|
| | First Time Overdue (FTOD) |
|
| | Finance Statmements |
|
| | Drop out customer reports |
|
|
| Benefits of TrustBank CBS solution for Microfinance banks |
|
| | 100% Automation of all Business/ functional areas | |
| | Tools for controlling and effective monitoring |
|
| | Automated Loan Documentations |
|
| | High Data security and inter-operable |
|
| | Flexible Loan/Savings/Insurance product definitions and its revisions | |
| | Integrity between operations modules to Financial accounting |
|
| | Various MIS reports for analysis from field level to top Management. |
|
|
| The Micro-Finance Module together with Retail Banking Module offers complete solution to the banks offering Micro-Finance and Retail Banking products to its customers. |
|
|
