“With Newgen, we achieved a 50% reduction in loan processing time and a 70% increase in customer satisfaction within the first six months. The solution’s seamless automation and intelligent insights have transformed our operations, delivered measurable impact and drove significant ROI.”
Head of CASA, Leading Indian Bank
Learn what Newgen’s Salary Account Solution can do for you
Accelerated Onboarding and Operations
Automated workflows and digital processes simplify and speed up account opening. Eliminate manual errors and lengthy paperwork to deliver a seamless and efficient onboarding experience and significantly reduce turnaround time.
Personalized Engagement and Customer Empowerment
Enhance customer satisfaction by offering tailored financial products, real-time account updates, and omnichannel access. Keep customers informed and engaged through proactive communication and personalized offers that drive loyalty and revenue growth.
Secure and Compliant Banking
Ensure robust compliance with built-in KYC, AML, and fraud detection mechanisms. Protect sensitive customer data with advanced security protocols, providing a safe and trusted banking experience while meeting regulatory requirements.
Data-Driven Growth and Integration
Leverage actionable insights with integrated analytics to monitor account performance, identify customer trends, and optimize strategies. Seamlessly integrate with core banking systems for consistent performance and streamlined operations.
Customers
Prebuilt Connectors & APIs
Benefits of Newgen’s Salary Account Solution
- 50% Faster Loan Approval Time with an AI and RPA-powered underwriting solution.
- 90% Accuracy in Credit Scoring with advanced analytics and machine learning capability to reduce risk.
- 60% Reduction in Document Processing Time using NewgenONE intelligent document capture and automated indexing offering.
- 70% Increase in Loan Conversion Rates with a GenAI-powered solution that offers personalized loans based on customer needs.
- 40% Reduction in Loan Origination Costs with scalable and efficient processes that reduce overheads.
- Quick turnaround times and transparency in the loan process.
- 100% Adherence to Lending Compliance Standards.
Find Your Winning Strategy with Newgen
Request a demo to explore our solutions for seamless salary account onboarding,
enhanced cross-sell opportunities,
and secure, automated compliance
processes.
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