Digital Microfinance & NBFC Software

Field Microfinance and NBFC Solutions

Microfinance institutions are growing rapidly to meet the huge demand for credit from untapped urban and rural areas. To compete with large-banks, microfinance institutions have to leverage affordable technology solutions which help them to scale presence, simplify processes and reduce turnaround times.

 

Dista microfinance software helps microfinance institutions to accelerate financial inclusion by digitizing operations delivering transparent customer centric solutions for remote customer on-boarding, account opening, field collections, loan origination, group lending and more.

Problems solved by digital microfinance software

  • Lengthy, erroness, manual, paper-based processes
  • Dispersed customer base, high distribution costs and slow loan turnaround times.
  • Poor data availability to take credit decisions resulting in high delinquency and frauds
  • High cost per transaction with multiple back-and-forth visits

Benefits of field microfinance & NBFC software

Increased reach of operations with lower turnaround time

Risk mitigation with improved visibility

Reduced operational costs with error free paperless operations

Digital operations for seamless customer experience

Features of NBFC loan management software

Group Lending

Comprehensive reporting and efficient management of group loans with the 'Maker & Checker' concept

Individual Lending

Enhance customer experience by bringing more efficiency in loan application processing and approval, document preparation, insurance calculations, collections and reporting

Member Sourcing

Easy and quick member sourcing for loan processing with useful features like KYC document capture

Field staff digitalization

Reduce paper and decrease field trip costs with a digital field application

Mobile collections app

Workflow based collections process with system based triggers for pending /due /upcoming activities

Field Audit

Map out pin codes for microfinance operations and identify fake members

Credit Bureau Integration

Integration with Credit Bureau to check creditworthiness

Live tracking

Overall visibility by tracking your field agents in real time

e-KYC

Paperless operations with digital KYC process

Payments

Cashless payments via card, wallet or UPI apps

Messaging

Easy collaboration with chat, SMS and email

Hybrid workforce

Increase reach in remote under served markets with 3rd-party agent management

Digitalize your microfinance operations with Dista? Contact us
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