Leverage our low code-based personal loan origination solution with pre-configured industry-standard digital lending journeys for personal loans that can be tweaked as per your needs. The solution can automate the end-to-end personal loan origination process while ensuring a complete digitized journey for new to the bank as well as existing customers. Eliminate the need for borrowers to visit a physical branch, enabling them to complete the loan application process online, including document submission, and get instant disbursal.
Features of Personal Loan Origination Software
Digital KYC & Disbursement
Perform customer identity verification remotely and electronically. Disburse loans instantly for eligible customers supporting E mandate/E-Nach, etc. Manage digital document generation, document validation, and e-signatures.
STP, Exception Handling & Fraud Analysis
Enable straight-through processing (STP) for instant loan approval and disbursements. Handle and map deviations according to the deviation matrix. Examine transaction data and detect fraudulent patterns, behaviors, or anomalies.
AI-enabled Lending & Data Extraction
Power entire Lending lifecycle with machine learning models for Personalized Loan Offers, Credit Risk Assessment, and Predictive Analytics like Probability of Default/Dropout models. Extract data automatically from several data sources using Optical Character Recognition (OCR) to cross-examine and verify customer information.
Financial Institutions using NewgenONE Platform
![Old Point National Bank Old Point National Bank](https://newgensoft.com/wp-content/uploads/2023/08/old-point-bank-e1648724576226.png)
![American National Bank American National Bank](https://newgensoft.com/wp-content/uploads/2023/08/american-national-bank-logo.png)
![Bank of The Bahamas Bank of The Bahamas](https://newgensoft.com/wp-content/uploads/2023/08/The_Bank_Of_The_Bahamas-450-1@2x-1.webp)
![Clarien Clarien](https://newgensoft.com/wp-content/uploads/2023/07/Clarien.webp)
Financial Institutions using NewgenONE Platform
![old-point-bank-e1648724576226 old-point-bank](https://newgensoft.com/wp-content/uploads/2023/10/old-point-bank-e1648724576226.webp)
![American National Bank American National Bank](https://newgensoft.com/wp-content/uploads/2023/08/american-national-bank-logo.png)
![Bank of The Bahamas Bank of The Bahamas](https://newgensoft.com/wp-content/uploads/2023/08/The_Bank_Of_The_Bahamas-450-1@2x-1.webp)
![Clarien Bank Clarien Bank](https://newgensoft.com/wp-content/uploads/2024/01/clarien-bank-logo1.jpg)
![Dubai Islamic Bank Dubai Islamic Bank](https://newgensoft.com/wp-content/uploads/2023/08/Dubai-Islamic-bank.jpg)
![Bank of Tanzania Bank of Tanzania](https://newgensoft.com/wp-content/uploads/2023/08/Bank_of_Tanzania_Logo1.png.jpg)