iBanking, Gold Loan
Gold loan software for Nidhi Company, NBFC, Urban Co-operative bank, Service Co-operative bank, Co-operative Societies, Microfinance
- Can define various types of loans and its attributes.
- Interest revisions for each type of loan that can be applied only to new loans or all existing loans.
- Application processing.
- Eligible amount calculation (based on weight and market value of gold).
- User definable asset grading & NPA report.
- Interest amount calculation from the given date and reverse calculation of interest- applied date from given amount.
- Transaction history will be shown in tabular format on ledger entry screen.
- Net liability of the loanee.
- Report of comparison of market value of the gold with net receivable amount.
- Gold stock register
- Various types of arrear/ balance statements.