Loan management software for Debenture loan, NCD loan, Deposit loan, Bond loan, Subordinate debt loan for NBFC
iCrats' iBanking NBFC software offers Debenture loan, NCD loan, Deposit loan, Bond loan and Subordinate debt management software on a core banking platform equipping clients to process an instant loan, minimizing the risk of closing a deposit with a lien,
automating and end-to-end complicated preclosure rules applicable for both collateral deposit and deposit loan, and statements. The deposit loan management will be extremely complex otherwise.
- Can define various types of loans and its attributes.
- Application processing.
- Recommended amount calculation (based on deposit amount balance and other liabilities of the debenture/deposit).
- 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.
