INDEX
Industry
Banking
Solution Type
Web and Mobile App
Key Highlights
Bridging the gap using psychometric tests
Credit score such as CIBIL is fairly accurate in forecasting future loan performance, but the issue arises when the potential borrower lacks credit history. An alternative to CIBIL score is a psychometric test, which predicts potential borrowers future repayment behaviour. The test includes a series of questions based on applicants' attitude, beliefs and ethics. The result of this test predicts possible credit risk and future default behaviour.
The borrower is asked to fill out a 6 - 8 minute questionnaire post which a credit score is generated immediately.
Features
Easy Integration
There's an online system which can easily be integrated with your existing banking system where you can manage the tests and generate reports.
Mobile App
The psychometric test can be given offline using the app and can later be synced to the system.
Integration with major Indian & International Banks
We have integrated our system with banks such IDFC, Fullerton India, HDFC, Yes Bank, Accion
International Client
We have integrated with Accion, a microfinance bank in Nigeria and provided the psychometric test tool with an audio option of the questions in their native language.