iBanking, Loan on Deposit

Loan on Deposit 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.
  • Application processing.
  • Recommended amount calculation (based on deposit amount balance and other liabilities of the deposit).
  • User definable asset grading & NPA Report.
  • Interest amount calculation from the given date and reverse calculation of interest-applied date from the given amount.
  • Transaction history on the ledger entry screen.
  • Net liability of the loanee.
  • Lien statement.
  • Auto-updation of lien details at the time of disbursement, receipt and closing.
  • Various types of arrear/ balance statements.