Loan Management Simplified.
Manage Loan porfolio, automate interest & balance computations, manage collections — with real-time tracking, delinquency reports, and diverse analytics across your portfolio.
How it works
Check a summarized walkthrough of the LMS in action.
Reduce Manual Intervention
Remove dependency on manual intervention for making corrections in the Loan Schedule. System does 99% work, human effort is reduced to monitoring.
Zero Hassle Recomputations
Every time a Collection is done, system recomputes the EMIs for future months. Reduces errors and time for system updates & offers customer seamless experience.
Automatic Recalibration
Handles unique events like Loan foreclosure, Advance EMIs, Loan rescheduling, and others effortlessly. System provides such event handling capabilities and saves time & effort in manual computations.
Support Varied Loan Types
Are you stuck with a monolithic system that supports only EMI Loans? Integrate various loan types like Equal Principal, Bullets, Moratorium loans & other customizations.
Automate Bad Asset Bucketing
Automatic computation of days past due and bucketing across different segments from M0 to M6 and beyond. System based computation of NPA and Sub-standard asset provisioning.
Straight Through Capabilities
We empower organizations to integrate feed from Payment Gateways directly into LMS and provide real-time updates on Collections status and more.
Key Events Handling
Rigour LMS offers unmatched capability to handle unique events during the life of the loan.
- Foreclosure events
- Early Prepayment event
- Delayed Payment event
- Post Loan Schedule payment
- Loan Re-scheduling event
- Loan Settlement event
- Interest Reversal after 90 DPD
- Delinquency Events
- Loan Closure event
- Principal moratorium events
- Collections after Closure event
Operations Automation
Automate repetitive activities and get hassle-free updation of loan records and real-time insight into portfolio health.
- Daily Updation of Account-wise Closing balance
- Automatic late-fees Charging
- Real-time Portfolio-wise dashboards
- Bulk SMS and Email sending
- EMI intimation before due date
- Unpaid EMI intimation
- Automatic Bucket-wise Message classification
- Other Message templates
- SMS and Email History log
- Reports as per Use case
Explore Loan Management system,
today — for free.
No credit card required. Free Trial for 15 days.