75% Reduction in Account Opening Time     |     85% Increase in First-Time Right Documentation     |     60% Decrease in Manual Interventions     |     50% Growth in Cross-Sell Opportunities     |     40% Reduction in Cost per Account Opened     |     30% Boost in Digital Channel Adoption     |     70% Increase in Customer Retention for Salary Accounts     |     75% Reduction in Account Opening Time     |     85% Increase in First-Time Right Documentation     |     60% Decrease in Manual Interventions     |     50% Growth in Cross-Sell Opportunities     |     40% Reduction in Cost per Account Opened     |     30% Boost in Digital Channel Adoption     |     70% Increase in Customer Retention for Salary Accounts     |     75% Reduction in Account Opening Time     |     85% Increase in First-Time Right Documentation     |     60% Decrease in Manual Interventions     |     50% Growth in Cross-Sell Opportunities     |     40% Reduction in Cost per Account Opened     |     30% Boost in Digital Channel Adoption     |     70% Increase in Customer Retention for Salary Accounts     |     75% Reduction in Account Opening Time     |     85% Increase in First-Time Right Documentation     |     60% Decrease in Manual Interventions     |     50% Growth in Cross-Sell Opportunities     |     40% Reduction in Cost per Account Opened     |     30% Boost in Digital Channel Adoption     |     70% Increase in Customer Retention for Salary Accounts     |     75% Reduction in Account Opening Time     |     85% Increase in First-Time Right Documentation     |     60% Decrease in Manual Interventions     |     50% Growth in Cross-Sell Opportunities     |     40% Reduction in Cost per Account Opened     |     30% Boost in Digital Channel Adoption     |     70% Increase in Customer Retention for Salary Accounts     |     75% Reduction in Account Opening Time     |     85% Increase in First-Time Right Documentation     |     60% Decrease in Manual Interventions     |     50% Growth in Cross-Sell Opportunities     |     40% Reduction in Cost per Account Opened     |     30% Boost in Digital Channel Adoption     |     70% Increase in Customer Retention for Salary Accounts     |    

“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.

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.
Consumer Lending

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.

Request a Demo

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