Core Banking software for NBFC
TrustBankCBS with its deep knowledge and experience in consumer loan space, understands the needs of consumer loan market, AND partners with NBFC in providing innovative and best solution services to its customers. TrustBankCBS Solution suite with its digital banking channels, self-service channels, Online Loan Applicants acquisition and onField Agency Banking; helps the NBFC to digitize their finance business offering faster, easier and cost effective credit services to their customers.
'TrustBankCBS for NBFC' is specially designed for NBFC with objective to reduce Turn-around time, quicker decisions, reduced operations cost. It integrates multi-office operations on a single, unified platform which streamlines the inter-branch team collaboration and central monitoring in processes of KYC Compliance, Credit Rating Check, Loan Origination, Disbursements, Site Visit, Recovery and Repossession.
We also offer Software as a Service (SaaS) solution on cloud to NBFC. TrustBankCBS SaaS is a ready-to-start Solution with no capex cost; minimum recurring infrastructure cost, while ensuring 99.99% uptime for Datacenter and DR Site with no infrastructure maintenance.
Solutions:
Some of the key solutions specially designed for NBFC Segment are provided below:
- Unique Customer Identification Code, Know Your Customer, C-Kyc Solution, E-Kyc Solution.
- Small Business Loan, Working Capital (Cash Credit) Loans.
- Mortgage Loans viz. Vehicle Loans, Gold Loans, Home Loans.
- Consumer Finance Loans viz for electronic items, Furniture, Travel Loans etc.
- Personal Loan viz. Education, Home renovation, Wedding, Healthcare etc.
- Loan Origination, Loan Application Acquisition, Credit Scoring, Processing & Document Management.
- MicroFinance Individual Loans, Group Loans.
- Business Intelligence Solution with Management Cockpit for real-time monitoring.
- Centralized Settings & Operations viz. Products Configuration, Charges Configurations, Interest Activities.
- Loans Ageing Classifications, Loan Loss Provisioning, Loan Repossession Workflow, Recovery Management.
- General Ledger, Financial Accounting, Investments, Financial Statements for Branches and for organization.
- Enterprise Applications of GST Tax Compliance, HRMS & Payroll, Fixed Assets & Inventory Management, Reconciliation, Audit & Compliance, SMS & Email Gateway Integrations.
- Fix Deposits.
- Agency Banking for Onfield Operations & Doorstep services for customer acquisitions, collections, disbursements, overdraft.
Key Features:
- Agile & Scalable Architecture.
- Agency Banking App for online, real-time field operations.
- Pre-configured work-flow; Industry Best Practices.
- Light and optimized Application, Optimized Bandwidth and Infrastructure requirement.
- Minimized Connectivity Cost; Mobile Internet sufficient for Field Operations;.
- Secured IpSec VPN and SSL VPN for connectivity with Datacenter.
- Vast Experience of NBFC Software Implementation.
- Open Architecture; API Based Access to Third Party Systems.
- Borrowings, Fund Management, Investments Management.
- Embedded Reports Configurators, Ad-hoc Reports Builder.
- Graphical Analysis, Dashboards.
- Continual Upgradations to latest technology and trends in NBFC.
- Continual updates to comply to ever evolving statutory compliance reporting environment.
- Cloud Based SaaS model with 99.99% uptime for Data Center & DR Site.
Value Delivered:
- Effective Control of Field Operations.
- Optimized Software; Minimum bandwidth and infrastructure; Reduced Operational Expenditure.
- Sound & Quick decision making based on Analytics.
- 360 degree view of branch and bank operations.
- Sound & Quick decision making based on Analytics.
- Increased Revenues, optimized expenses, Increased Profitability.
- Increased Members & Customer Satisfaction, Retention.
- Decline in Operations & Support Cost in Banking Services.
- Optimized utilization of resources.
- Block revenue leakages; Saving on unnecessary expenditure.
- Increased Efficiency, Increased Staff Motivation.
