Retail Loan Process – AL

Overview

Newgen’s comprehensive retail loan solution is built on a low code platform, which can be configured to automate various
stages of the loan origination cycle, from pre-screening and application processing to underwriting and disbursal. It can be implemented efficiently for a wide range of loan products. Straight-through processing capability of the solution ensures faster approval of applications that meet all criteria.

Key Features

• Digital KYC and Due Diligence
• Financial Analysis
• Straight-through Processing
• Automated Underwriting
• Collateral Capture and Assessment
• Risk Management for Fraud
• Identification
• Comprehensive Document Management
• Approvals & Deviations
• Query Management
• Credit Policy Automation
• Analytical Reports