BEST MICROFINANCE SOFTWARE
Welcome to the best Microfinance software service provider in India. We aim to cater the Microfinance operations to conduct their operations digitally with the help of our Microfinance software.
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Introduction to our Microfinance Software
Majority of the Microfinance institutions heavily suffered from the challenges
associated with the risk of bad debts, accessibility issues, and lack of credible
information. However, the advancement of modern technologies has led to the
development of technologies like Microfinance software, and streamlining lending
operations. This is why we came up with the idea of innovating Microfinance software
solutions for breaking complexities of financial operations with ease. Since 2007,
we have been developing Microfinance software for NBFCs, Microfinance institutions &
various other small-scale enterprises. Now we are one of the best fintech software
service-providing companies, offering Microfinance Banking Software Solutions, loan
tracking software for Microfinance institutions.
Our Microfinance software solution is suitable for offering financial services to
small-scale businesses and medium-scale enterprises. Our Microfinance Banking
software is capable of undertaking all types of lending operations, and hence you
can customize it as per your requirements. Additionally, one can also automate
various processes like client data management, reporting & Accounting, etc, which
can make your repetitive operations quick and hassle-free. The inclusion of
automation capabilities makes its name in the list of the best cloud-based
Microfinance software in India.
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Advanced Analysis
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Continuous Testing
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Safe And Reliable
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Target Analysis
Experience
What is Microfinance Software?
Microfinance software is specifically made to tailor assistance for the Microfinance institutions for managing the financial operations effectively. Microfinance software entails a wide range of features like - client management, Accounting, Financial Reporting, Analytics & Reporting, and many more. The inclusion of Microfinance software can be able to eradicate complexities like defaulters and human errors in business operations.
Our Microfinance Software is ideal for:
Our Microfinance software is ideal for organizations like Credit Cooperative organizations, Microfinance institutions, and various other small-scale enterprises. Microfinance software solution enables its users the benefit from better control over lending operations, based on monitoring & reporting. Additionally, our Microfinance software also works as a Loan Tracking software for Microfinance institutions, leading to the minimization of complexities like - tracking defaulters, wrong Accounts, and various other considerable human errors.
Microfinance Software includes the following services:
Specifically designed to keep track of the loans of low-income individuals
This accessibility can cater to savings requirements for individuals with limited Income.
Designed to provide coverage for low-income individuals as well as families.
Why Choose Our Microfinance Software Solution?
We have previously talked about what Microfinance software is, and who it is ideal
for. Now, the major question arising in your mind is why should you choose our
Microfinance software. Let me tell you that one of the major benefits you get after
choosing our Microfinance software solution is that our software is one of the most
affordable Microfinance software in India.
We have previously talked about what Microfinance software is, and who it is ideal
for. Now, the major question arising in your mind is why should you choose our
Microfinance software. Let me tell you that one of the major benefits you get after
choosing our Microfinance software solution is that our software is one of the most
affordable Microfinance software in India.
Microfinance institutions, being financial institutions, look for fintech software
that is efficient in cloud-based operations. Here lies the need to safeguard the
confidential data associated with client information, business transactions,
business strategies, and intangible properties. Let, me tell you that we offer the
most safe and secure Microfinance software in India. This is probably the
Microfinance software solution, you can rely upon.
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Portfolio in Lakh*
Micro Credit Software
The borrowers of Microloans usually come from low income backgrounds.
Microfinance loans are generally low amount loans – ₹100,000 to ₹200,000.
The tenure of micro-loans generally comes with 12 to 24 months period.
These loans are usually recompensed at higher regularity.
You do not need to submit any collateral against Micro Finance loans.
The aspiration of microfinance loans is to generate income.
GROUP LOAN
Joint Liability Group Loan is the best option as it does not put too much burden for
repayment and guide them through their business ambitions. This framework assists
you take a loan in an association or group. The lending
apparatus grants a group of individuals - known as the solidarity group to provide
collateral or loan guarantee through a group repayment pledge. Joint Liability Group
Loan is excellent for meeting personal and business
commitments in an association so that the liability is branched.
It results in sustainability and betterment of livelihood for everyone in the
association. Financials Group Loan is quite simple and all-purpose emergency loan
offered to the employees of a company for a period
of up to 12-24 months. The group loan offers Rs. 15,000 to Rs. 1, 00,000 amounts
range. 15,000 to Rs. 1, 00,000. The stimulus to repay the loan is based on
associate’s burden, if one group member is unable to pay, the
other group members need to make up the payment amount.
Microfinance Group Loan Software
Microfinance, whiich is popularly known as micro-credit, is a distinct type of
banking service that are provided to unemployed or low-income individuals or groups
who otherwise would have no other access to financial services.
There are two types of Micro Finance loans available – 1. Group Loan and 2.
Individual Loan. In microfinance, group loans are aimed at very low-income business
persons with the small enterprises, where the group members
provide a guarantee for each member of the group.
Group Loan through Microfinance policy has become a very popular practice
in numerous developing countries like India, Bangladesh, Thailand and many African
nations. Here people don’t need to apply for loan
individually. Instead they organize themselves as the self-help group and take the
loan. This loan product in Microfinance is meant to provide working capital to micro
entrepreneurs with small businesses that are usually
unregistered and rely on group guarantor ship as substitute for collateral. All
group members are responsible for repayment. Microfinance Group loan is devised for
micro-entrepreneurs, labour class, women & farmers
who are living in urban and rural areas.
India is able to develop its own form of Microfinance Company in the form
of savings and credit groups. These are known as the Self Help Group (SHGs) and they
are linked with the banking system. These groups
(SGH) are mainly organized and supervised by women. This has become a very popular
and well regarded apparatus that has led to women's empowerment and social change.
Our Company offers custom software development for Microfinance Group Loans
management. The features of Microfinance Software would allow any MFI to deal with
individual and Self-Help group loans. Managing
credits were never that easy until we have arrived in this industry.
How Microfinance Companies Use Software
Microfinance software is designed to work seamlessly with Micro-Finance Institutions of all sizes to facilitate centralized and efficient delivery of services.
Microcredit software covers sustained efficacy in a standalone system including the commencement of loan, underwriting, collection, and reporting.
Microfinance Banking software speeds up “Cut-Off Timing” and eliminates insecure manual processes in favor of smooth and automated workflows.
Microfinance Loan software introduces a Core Banking System which delivers high performance and top reliability to the financial organization.
Software for Microfinance will make sure that the entire client's detail has been acquired accurately.
GTech's online Microfinance software price is affordable and comes with a very high level of automation.
Our Microcredit management software is designed to cover all the activities that are done at the branch level.
With Microfinance software you can track all the loans given and calculate their interest rates easily.
Microfinance Loan software is secure and optimized to deliver rich user experience.
Microfinance lending software increased reach of operations with lower turnaround time.
The price of Microfinance software is inexpensive and it reduces operational costs.
This system can meet your business demands in an ever-changing loan market.
Microfinance management software reduced cost, being in the cloud means banks do not have to invest heavily in dedicated hardware, software and related manpower. Updating the areas of IT infrastructure has becomes much easier. These things can be done by skilled workers remotely, rather than having to visit each branch in person.
Microcredit system software introduces intuitive Graphical User Interface (GUI), guided proceedings, and energetic coverage functionality to optimize the whole workflow process. This is one of the best ways to meet the demanding requirements of a microfinance institution to serve their clients and facilitates the refined loan process.
Microfinance loan management software legitimizes the MFIs and NBFCs to strengthen their product offerings and improve the customer base. Microfinance products are beyond conventional small loans. The company may also other financial products like group savings, individual savings, etc. via its effective cooperative platform.
Microfinance credit management software Improves efficiency, using a cloud system requires your core banking applications and processes to be standardized. It ensures that the technology and business operations can be much more closely aligned.
Cloud banking provides MFIs the capacity to respond quickly to the changing market scenario. They can scale up and scale down technologies according to their requirement. The ability to respond quickly provides a real competitive advantage over the others.
Our Clients Who Trusted US
