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, erroneous, 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 and 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
Digitize your microfinance operations. Now!!!
Features of NBFC loan management software
Group lending
Group lending
Individual lending
Individual lending
Member sourcing
Member sourcing
Field staff digitalization
Field staff digitalization
Mobile collections app
Mobile collections app
Field audit
Field audit
Credit bureau integration
Credit bureau integration
Live tracking
Live tracking
e-KYC
e-KYC
Payments
Payments
Messaging
Messaging
Hybrid workforce
Hybrid workforce
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.
