Digital. Dynamic. Dependable.
Streamlined Consumer Loan Origination
Transform the loan origination journey for accelerated loan approval and disbursal.
“Newgen’s Consumer Loan Origination Solution helped us to reduce loan approval time while maintaining accuracy and improving compliance. Customer satisfaction has jumped by 20% thanks to personalized and efficient experience.”
Senior VP, Consumer Lending, US Bank
Success Stories
Customers
Prebuilt Connectors & APIs
Looking to Automate a Specific Consumer Lending Journey?
Unique Features of Newgen’s Consumer Loan Origination Solution
Automated financial analysis of applicant’s creditworthiness using transaction data, income and liabilities
Rule engine to assesses criteria such as credit score, and other predetermined parameters to identify STP cases or not eligible cases
Pre-built AI models act as a decision engine for streamlined loan approvals, reduced costs, and higher efficiency of the lending process
Flexible loan disbursement through single and multi-party payments, allowing payments to multiple beneficiaries
Customized plans for one-time or tranche disbursals for better efficiency of loan funds
Fraud identification and segmentation while conducting sensitivity analysis and utilizing standard risk management
Pre-defined bank-specific templates to maintain and segregate different types of documents and generate loan packages
Powerful underlying document management system to capture, generate, and extract data intelligently
Find Your Winning Strategy with Newgen
See Newgen’s low-code digital transformation platform in action. Request a demo of Newgen’s platform and industry-specific applications.
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