Lenders turn bold lending ideas into reality with a platform that’s always a step ahead.
Create any loan product with flexible interest calculations and repayment structures in days.
Stay compliant with all regulatory requirements through built-in controls and automated reporting.
Apply your custom bookkeeping standards with a flexible rule engine.
30+ ready APIs for seamless integration with third-party systems and maximum automation.
Handle any loan volume with a cloud-native architecture built for growth.
Users can master the system with just 2 hours of training rather than lengthy courses.
Design any lending product with flexible interest calculations, repayment structures, and lifecycle management. No dependency on the IT team.
Support multiple interest rate calculations (fixed/floating/hybrid) with custom overdue considerations and associated charges
Configure unlimited amortization methods, including Equated, Fixed Principal, Bullet, Balloon, Step-Up, Step-Down, Customized, Declining, and Increasing Balance
Seamlessly handle moratorium periods, part-payments, tranche disbursals, foreclosures, pre-payments, and one-time settlements
Configure the knock-off logic for repayments and waivers for each transaction and scheme basis. All events give flexibility to collect or waive at the component level
Automate multi-tranche disbursements with customizable approval workflows, maintaining complete control while enhancing operational efficiency.
Monitor financial and non-financial covenants in real-time with automated alerts, ensuring compliance throughout the loan lifecycle.
Process partial loan repayments with configurable fee structures and automated recalculation of amortization schedules.
Streamline early loan terminations with built-in workflows that handle penalties, outstanding interest, and principal settlement automatically.
Easily modify loan terms for struggling borrowers with preconfigured templates that maintain compliance with regulatory requirements.
Manage complex settlement processes through integrated workflows that coordinate between legal, collections, and accounting teams.
Execute full or partial write-offs with proper approvals, documentation, and automated GL postings while maintaining recovery options.
Ensure accurate financial reporting with automated double-entry accounting integration for all loan events and transactions.
Optimize revenue recognition with configurable amortization rules for fees, commissions, and other loan-related income/expenses.
Automate loan loss provisions based on risk parameters, delinquency status, and regulatory requirements with detailed audit trails.
Maintain data integrity with scheduled end-of-day and beginning-of-day processes that handle accruals, aging, and reporting needs.
Maintain data integrity with scheduled end-of-day and beginning-of-day processes that handle accruals, aging, and reporting needs.
Automate payment allocation, instrument tracking, and reconciliation for error-free receivables management. Support all payment channels with consistent processing rules.
Security doesn't have to mean frustration. Our granular permissions model gives people exactly what they need nothing more, nothing less.
Generate agreements, sanction letters, and more from dynamic templates, with secure storage, version control, and access permissions.
Create personalized campaigns, automate status updates, and engage customers through email, SMS, and WhatsApp using pre-built templates for every stage of the loan journey.
Empower your team and customers with flexible access. Mobile apps let staff manage loan tasks on the go, while self-service portals enable borrowers to view details, make payments, or request changes.
Open API architecture to build custom integrators
Veefin's LMS and LOS are designed to work together seamlessly. Once a loan is approved in the LOS, all relevant data is automatically transferred to the LMS without manual intervention. This ensures a continuous digital journey from application to final repayment.
Absolutely. Our LMS supports virtually any repayment structure including step-up, step-down, bullet, balloon, declining balance, and increasing balance. You can also configure moratorium periods, manage part-payments, handle tranche disbursals, and process foreclosures, pre-payments, and one-time settlements.
Compliance is built into the core of our LMS. The system comes with predefined templates for regulatory and bureau reporting, automatic NPA/DPD classification according to current regulations, and comprehensive audit trails. When regulations change, updates can be implemented quickly through our configuration engine.
Veefin's LOS employs bank-grade security including end-to-end encryption, role-based access controls with granular permissions, multi-factor authentication, and comprehensive audit logging. We maintain ISO 27001 certification and SOC 2 Type II compliance, with regular penetration testing and vulnerability assessments. All customer data is stored and processed in compliance with applicable data protection regulations.
We offer comprehensive implementation support including system configuration, data migration, integration with existing systems, user training, and post-implementation support. Our team works closely with yours to ensure a smooth transition and optimal system setup based on your specific requirements.
