Newgen Solutions for NBFCs
Accelerate Vehicle Financing with Seamless Lending, Leasing, and Collections
Automate complex workflows, from application to disbursement, with risk profiling and document management, by leveraging an AI-native low-code platform. Offer quick, reliable financing for vehicle and equipment purchases.
“By partnering with Newgen, we transformed our entire loan lifecycle, from origination to servicing and collections, into a unified, automated journey. Their integrated approach didn’t just solve individual challenges; it streamlined our operations end-to-end, setting a new benchmark for efficiency and control.”
Head of Retail Operations, A Leading German Auto Finance Company
Benefits of Newgen’s Vehicle Finance Solutions for NBFCs
- Omnichannel Engagement: Deliver seamless lending experiences across branches, portals, and mobile devices with NewgenONE, ensuring consistent interactions for borrowers, dealers, and staff.
- End-to-End Workflow Digitization: Eliminate manual bottlenecks by automating loan origination, management, and servicing processes for faster approvals and improved operational agility.
- AI-Powered Efficiency: Reduce human errors and FTE costs with AI-driven underwriting, automated risk scoring, and intelligent credit decisioning throughout the vehicle finance lifecycle.
- Rapid Product Rollout: Launch and scale new lending and leasing offerings swiftly using low-code configurability, prebuilt rules, and 240+ integration adaptors.
- KPI-Driven Decisions: Empower business users and leadership with real-time dashboards and advanced reporting to monitor performance and make data-backed decisions.
- Anytime, Anywhere Access: Equip staff, agents, and borrowers with secure, always-on access across channels for higher productivity, faster resolutions, and improved borrower satisfaction.
How Newgen Helps NBFCs with Lending, Leasing, and Collections
Unified Lending Lifecycle Automation
Manage end-to-end retail and dealer financing from origination and disbursal to servicing, collections, and recovery on a single low-code platform. Enable omnichannel onboarding, configurable workflows, and real-time tracking to drive efficiency and scale.
Intelligent Underwriting with Agentic Decisioning
Accelerate approvals using NewgenONE Agentic Credit Decisioning Engine (CDE). Automate loan policy enforcement, perform pre-screening, and route exceptions intelligently to ensure consistent, compliant, and faster disbursals.
Predictive Risk and Lending Optimization
Enhance credit quality and reduce defaults with advanced AI and ML models for risk scoring, fraud detection, cross-sell targeting, and NPA monitoring using the NewgenONE Agentic AI Modelling Studio.
Seamless Ecosystem Integration
Connect with over 240 systems, including KYC, credit bureaus, stamping platforms, and loan management systems, to ensure uninterrupted data flow, regulatory compliance, and rapid deployment.
Digitized Documentation and Automation
Automate the generation of all key loan and lease documents, including quotes, delivery orders, and sanction letters, using customizable templates and digital stamping for faster execution and reduced manual effort.
Personalization and Productivity through AI Agents
Use NewgenONE Marvin for smart document handling and NewgenONE LumYn for hyper-personalized campaigns and customer profiling using over 30 machine learning models and GenAI-powered Conversational AI.
Unified Lending Lifecycle Automation
Manage end-to-end retail and dealer financing from origination and disbursal to servicing, collections, and recovery on a single low-code platform. Enable omnichannel onboarding, configurable workflows, and real-time tracking to drive efficiency and scale.
Intelligent Underwriting with Agentic Decisioning
Accelerate approvals using NewgenONE Agentic Credit Decisioning Engine (CDE). Automate loan policy enforcement, perform pre-screening, and route exceptions intelligently to ensure consistent, compliant, and faster disbursals.
Predictive Risk and Lending Optimization
Enhance credit quality and reduce defaults with advanced AI and ML models for risk scoring, fraud detection, cross-sell targeting, and NPA monitoring using the NewgenONE Agentic AI Modelling Studio.
Seamless Ecosystem Integration
Connect with over 240 systems, including KYC, credit bureaus, stamping platforms, and loan management systems, to ensure uninterrupted data flow, regulatory compliance, and rapid deployment.
Digitized Documentation and Automation
Automate the generation of all key loan and lease documents, including quotes, delivery orders, and sanction letters, using customizable templates and digital stamping for faster execution and reduced manual effort.
Personalization and Productivity through AI Agents
Use NewgenONE Marvin for smart document handling and NewgenONE LumYn for hyper-personalized campaigns and customer profiling using over 30 machine learning models and GenAI-powered Conversational AI.
Explore Newgen’s Core Offerings for NBFC Vehicle Finance Solutions
Retail Finance
Seamless digital onboarding for both customers and dealers through multiple assisted and self-service channels. Customers can initiate loan applications at any time through the web portal or mobile app, while dealers can assist with onboarding via their dedicated portal or app. Branch and back-office teams can onboard customers directly through the loan origination system, ensuring faster processing, reduced friction, and a consistent experience across all touchpoints in the vehicle finance journey.
Dealer Finance
Simplify dealer finance onboarding through flexible digital and assisted channels. Dealers can initiate funding requests directly via the dealer portal or mobile app, enabling quick, on-the-go access to credit facilities. Branch and back-office teams can onboard dealers seamlessly using integrated systems, ensuring efficient KYC, credit limit approvals, and real-time tracking. This dual-channel approach enhances speed, transparency, and dealer satisfaction while reducing onboarding delays and operational overhead.
Retail Finance
Seamless digital onboarding for both customers and dealers through multiple assisted and self-service channels. Customers can initiate loan applications at any time through the web portal or mobile app, while dealers can assist with onboarding via their dedicated portal or app. Branch and back-office teams can onboard customers directly through the loan origination system, ensuring faster processing, reduced friction, and a consistent experience across all touchpoints in the vehicle finance journey.
Dealer Finance
Simplify dealer finance onboarding through flexible digital and assisted channels. Dealers can initiate funding requests directly via the dealer portal or mobile app, enabling quick, on-the-go access to credit facilities. Branch and back-office teams can onboard dealers seamlessly using integrated systems, ensuring efficient KYC, credit limit approvals, and real-time tracking. This dual-channel approach enhances speed, transparency, and dealer satisfaction while reducing onboarding delays and operational overhead.
Success Stories
Trusted by Leaders
Explore Newgen’s other NBFC Solutions
Microfinance Institutions (MFIs)
Streamline group lending, loan origination, disbursement, and collections. Ensure faster decisions, improved compliance, and last-mile connectivity, enabling financial inclusion through scalable, mobile-first, and AI-native microfinance operations.
Microfinance Institutions (MFIs)
Streamline group lending, loan origination, disbursement, and collections. Ensure faster decisions, improved compliance, and last-mile connectivity, enabling financial inclusion through scalable, mobile-first, and AI-native microfinance operations.
Find Your Winning Strategy with Newgen
Request a demo to explore how our AI-powered solutions can help NBFCs with end-to-end journey automation for digital transformation.
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