India’s development journey is not only shaped by robust highways, industrial corridors, and digital infrastructure. It is equally shaped by mobility.
A personal vehicle can significantly impact how a family works, learns, and progresses, as well as link rural and semi-urban regions to economic networks. Personal mobility is emerging as a key catalyst for the Viksit Bharat vision.
Just as modern lending systems power the mobility engine of the fast-growing nation, Newgen is silently yet consistently empowering the financing ecosystem.
Did you know? A leading automobile financier in India rebuilt its lending backbone with Newgen.
We helped transform loan journeys from slow and fragmented to fast, digital, and intelligent.
The Challenge: A Slow Credit Engine in a Fast-moving India
The financier faced a reality that many lenders still struggle with today:
- Manual data entries with inconsistencies and duplication
- Disjointed origination, servicing, and collections
- Delays in decisioning
- Limited monitoring across the complex loan lifecycle
- High operational costs due to multiple systems
- Compliance pressure without real-time visibility
For customers who expect speed, these gaps create friction.
For a growing automobile market, they limit scale.
For citizens of Viksit Bharat, they slow down mobility.
Newgen’s Vision: Lending Must Move at the Speed of India’s Aspirations
To ensure faster credit availability, we deployed Newgen’s cloud-based unified digital loan lifecycle management solution. Every workflow in the lending system was redesigned for speed, accuracy, and compliance.
What we delivered:
- Digital loan origination to remove manual bottlenecks
- Advanced decision engine for faster, consistent scoring
- Automated servicing for payments, statements, and accounts
- Digital collections workflows to maintain business continuity
- Real-time monitoring for enhanced visibility
- Seamless integrations with bureaus, gateways, and partners
- Rapid app deployment using visual tools and ready templates
The implementation created one unified journey – from lead to loan to closure.
The Result: A Lending System Ready for Viksit Bharat
The transformation led to measurable, category-defining outcomes:
- 75% improvement in tracking loan applications
- 60 to 70% faster loan processing
- 50% lower operational costs
- 60 to 70% higher processing efficiency
- 35% faster quote creation
- Fewer errors and seamless change management
Incremental improvements? No more. We are setting a new pace of lending.
Why this matters for Viksit Bharat
- A personal vehicle can raise household productivity by saving time
- It can help families access better schools, healthcare, and opportunities
- It can give women safer and more independent mobility
- It strengthens rural and semi-urban connectivity
- It creates multiplier effects across fuel, service, logistics, and retail
When auto loans move faster, India’s growth shifts to a higher gear.
By digitizing lending for the leading automobile financier, Newgen is contributing to:
- Productivity, by reducing wait times and manual dependencies
- Inclusion, by making access to credit simpler and more transparent
- Competitiveness, through faster decisions and better customer experience
- Governance, by improving compliance, monitoring, and auditability
- Regional development, by facilitating vehicle penetration beyond metros
This ties directly to the broader outcomes envisioned for Viksit Bharat.
The Newgen Effect: A Digital Fast Lane for India’s Mobility
For Newgen, this project is not just about automation.
It is about helping India move, giving lenders a stronger digital backbone, and enabling millions to access personal mobility with confidence.
It is about building systems that can match the speed of a rising nation.
Did you know?
Faster auto loans fuel India’s rapid movement toward Viksit Bharat.
And Newgen is building that fast lane with innovation.
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