The Finb Advantage
We help you manage your company efficiently
DEVELOPED BY FINANCIERS
Designed by engineers with deep domain expertise and first-hand experience of NBFC MFI operations We have keen awareness of changing market challenges and are actively involved in finance company associations
COMPREHENSIVE - 10+ YEARS
We’re dedicated to customer success and focus on solving all customer challenges. Over the years, this has led to very comprehensive solutions Given our domain expertise, we’re able to design simple and elegant solutions to customer challenges, keeping the product easy to use Many companies rely on our software to help define best practices
RIGHT SIZED FOR YOUR BUSINESS
We have Clients ranging from startups to mid sized At the highest end, our solutions are lightweight and scalable, and are already supporting upto 10,000 new loans a month With scalability to much higher volumes
Who We Are
We started in 2012 by developing software for our MFI that has been running since 2012. In a few years, we were selling software to other MFIs and NBFCs and other businesses with multiple products focusing on accounting, manufacturing and retail. After the growth in NBFC software demand since late 2012 and new opportunities unlocked by Web 2.0 and smart phones, we’ve been primarily focused on NBFCs with all our new development effort directed at them. Now in the era of Fintech revolution we are providing a platform to turn a traditional lender into a Fintech.
About Us
We provide modern digital lending solution that are suitable for Fintechs as well as traditional lenders. Complete digital Customer onboarding digital credit and underwriting with BPM Wokflow flowcharting based products design. Perhaps the most flexible and modern solution With unmatched scalability
Our Values
We have grown from small business software to enterprise software products due to our focus on values that we care deeply about.
FAIR DEALING
We are fair and reasonable when dealing with customers and employees. We care about their success and they’re in turn satisfied and invested in our success.
QUALITY & COMPREHENSIVENESS
Our products are growing to handle ever larger company sizes. At each step, we’ve provided quality products that have been comprehensive for that size of business.
STATE OF THE ART TECHNOLOGY
We’re committed to keeping our solutions up to date with the latest technology and deployment models We have developed Cloud based Digital Lending solution to turn all traditional lenders into Fintechs
Yuvraj Agawani
Yuvraj drives the product vision and technology direction in the company. He believes that combining hands-on domain and technology expertise is critical to good product design. He is an expert in the finance domain with initial experience in operations of “Kadel and Kadel Finance Company”, “Kadel and Kadel MicroFinance” and “Kadel and Kadel Nidhi Ltd." and 12 years experience in understanding and delivering customer requirements Yuvraj has a passion for technology and has been programming computers since 2010.
Kanhiyalal Soni
He started “Kadel and Kadel Finance Company in 2012”, “Kadel and Kadel MicroFinance in 2015” and “Kadel and Kadel Nidhi Ltd. in 2019" in has been in the finance business since then. He recognized the computer revolution early and co-founded Finb Software India with Yuvraj Agawani and helped get the company on its feet.
Lending Software Product
Digital Lending Solution for Fintechs, NBFCs, Banks, HFCs, MFIs of all sizes
These Loan Types include :-
Vehicle/Auto Finance
Loan against Property
Personal Loans
Machinery Loans
Home Loans
Business Loans
SME Loans
Loan Against Shares
Microfinance
Gold Loans
Wholesale
Corporate Loans
Education Loans
Overdraft Loans
Group Loans
Supply Chain Finance ( Sales Bill Discounting, Purchase Bill Discounting, Anchor Bill Discounting ) etc.
Finb All Cloud
Finb All Cloud is our flagship product and our platform for the next decade. In active development, this Loan Management Software will be continually enhanced to capture the evolving needs of our customers.
Cloud Technologies For Scale And Performance.
Developed using PHP, AJAX (Open Source Technologies), and run on stable linux servers in the cloud – Finb All Cloud performs and can handle workloads at the scale of large banks.Feature Set
Provides All over coverage of the business, providing all the tools needed to keep the business running at peak performance. Storing Customer interaction in the system makes a business system driven and less dependent on people. Assigning tasks to the team and escalations on delays ensures peak performance.
BPM Workflows
Definable Workflows such as Loan Application to Disbursement, Repossession, Legal etc. flow automatically from one task to another for the respective employees or outside agencies. Also maintaining the Time Action Taken (TAT) for each action. This ensures that no tasks are forgotten or delayed causing your Enterprise to always work at peak performance.
Collaboration
Team Chat and Team Tasks make it possible to communicate and assign tasks to other staff members. This can be used for those tasks that do not fall into existing workflows. Automatic feedback mechanism is also there, so that the initial assignee will get status updates for assigned tasks. Entire Company can collaborate within the solution.
Drag n drop to design a process. Add or remove tasks. Any number of processes can be designed.
Sample Auto Loan Workflow
Sample Gold Loan Workflow
Modules
- Loan Origination System
- Loan Management System
- Collection
- Borrowing
- Deposits & Debentures
- Financial Accounts
- Collaboration Features - Team Chat & Team Tasks
Loan Management
- Disbursement to Loan Closing, covers the entire lifecycle.
- Includes
- Integrated Financial Accounting
- Scheduled Disbursal
- Repayment Options: EMI/ Scattered Instalments/ Moratorium/ Bullet Payment/ Loan
- Flexible Installment frequency (Daily/Weekly/Bi-Monthly/Monthly/Quarterly/Six-Monthly/Yearly)
- Income Recognition
- Repayment Management
- PDC Management
- ACH Handling
- Late Payment Handling
- Part pre-payment
- NPA & Provisioning
- Closure
- NOC Register
- Post Disbursal Document Management (PDD)
- MIS
- Multi-lingual Letters, Notices &
- Emails (Transliteration)
- SMS integration
Loan Origination
Lead to Disbursement, covers the entire workflow. Includes
- Completely automated or some manual tasks
- Flexible BPM/ Workflow
- Rules Engine
- Customer De-duping (Duplication check)
- eKYC/ Aadhaar Verification
- Online CIBIL Check
- Telephone verification (TVR)
- Personal Discussion- Credit, BM (PD)
- Field Investigation (FI) - Allocation & Feeding
- Document Management - Changing
- Required Documents, Upload, Pendency
- Fraud Check
- Title Search Allocation/ Report
- Financial Analysis
- Valuation Allocation/ Report
- Underwriting/ Credit Verification
- Digital Bank and Financial Analysis
- TAT & Escalations
Collection
NBFC App Collections help track & manage delinquent customers and minimize delinquencies using tighter supervision. The system facilitates proactive actions through all stages from soft calling to hard bucket collections. Includes
- Classification
- Allocation
- Follow-up
- Escalations
- Re-possession Workflow
- Legal case tracking
- Settlement