Indus Loan Origination
Product Overview
Indus Loan Origination System (LOS) is a part of the Indus suite of products designed to meet the complexities of retail financing with simplicity.
This web-enabled solution may be deployed over a local area or wide area network. The solution supports multi organization, multi-product, multi-currency, and multi-lingual implementations. Indus Origination handles the processing of loan applications right from the customer acquisition, credit decisioning, and approval till the disbursement stage. It has a fully configurable workflow wherein all core modules can be configured to support any portfolio.
Highlights
The comprehensive application-processing product takes care of:
- Multi portfolio supporting auto, consumer, home, personal loans & credit cards
- Access through various distribution channels like branch, call center, retail kiosks, dealer/DSA outlets, internet, web portals and hand-held devices
- Comprehensive security framework
- Highly flexible
- Modular framework
- Interface with external and host systems
- Robust product definition yet configurable
- Fully configurable risk and credit control
- Document management functionality to reduce inefficiencies in handling paper
- Blind data entry
- Add-on products like insurance
- Risk-based pricing and recommendation of approval level
- Audit trail
Benefits
- Reduces turn-around time
- Minimizes risk
- Standardization of business workflows
- Increases productivity