NBFC software is for Non Banking Financial Companies (NBFC) that are involved in providing loans to institutions, customers or companies and collection of amount from lenders in terms of installments (Rate based EMI/ EMI based Rate/ Structured EMI/ Equated EMI/ Moratorium based EMI's/ Pre EMI's ) in Daily/Weekly/Fortnightly/Monthly. This is also called Loan Management Software.
Features of NBFC Software
- Monthly Scheme
- Weekly Scheme
- Advance Scheme
- Make Loan Scheme
- Define Interest Rate
- EMI Compound Interest
- Vehicle Finance Company
- Multiple interest rates as per no of days
- LTV calculation as per RBI guidelines
- Manage loan officer, agent information, agent commission
- Insert Loan Detail including ID Proof, Nominee Details, PDC Cheques, Photo, Signature et.
- PDC Detail
- Payment History
- Defaulter List
- Installment Scheme
- Set Loan tenure
- Installment Due Date
- Release Loan Amount
- Loan Disbursement
- Loan Maturity Detail
- Emi Collection by PDC
- Emi Collection of Cheques/Cash
- Insert Loan Detail including Nominee Details, ID Proof, checks, Photo
- Loan installment schedule with payment details, late fee, processing fee, cheque return charges
