AROGYA FINANCE
Industry
Fintech
Solution Type
Web and Mobile App
Key Highlights
Improve productivity and customer service through the entire loan lifecycle
Arogya Finance is a social health care venture, which offers medical loans to the traditionally un-bankable, using innovative risk assessment tools that allows them to finance people outside the formal banking system. Patients borrow from and repay Arogya Finance directly leaving them free to get treated wherever they choose to do so.
In today's financial industry, lenders are looking for a futuristic, technologically advanced loan management system that automates key operations. We have developed a system for Arogya Finance a leading social heath care company which offers loans to patients at 0% Interest-free EMI's* The system developed is measurable, accurate, fast, flexible and dynamic, our software is a highly customizable product, that can integrate with many systems and streamline the lending process. Our software has led to an increase in efficiency and effectiveness which has resulted in a reduction in cost and an increase in customer satisfaction.
Features
Online Application
Leads can be generated through the website and mobile app.
Automatic CIBIL Integration
The Credit score is analyzed automatically using CIBIL integration with our system.
Automatic ACH
The borrowers can make EMI payments easily because of automated ACH through our system. As a result, they are less likely to miss payments, which can lead to additional changers and penalty.
Psychometric Test
The psychometric test can gauge the potential borrower's intention to pay the loan.
Loan Sanction
There is an automatic sanctioning process where an executive is assigned to case files according to their location.
Loan Disbursement
The loan period is decided and EMI schedule is decided post which the loan is dispersed to the hospital.
Loan Servicing
The borrowers' financial activity can be tracked on our system, ie. last EMI paid, penalty charge, case closure etc.