Loan origination system
Smarter, faster loan origination, from application to approval.
Finovel’s LOS takes each application through onboarding, KYC, underwriting and approval in one digital flow, with far less manual work.
Key features
Everything between "apply" and "disbursed"
Digital onboarding
Applications under your brand, on any device.
eKYC
Aadhaar, PAN and CKYC checks inside the flow.
Bank statement analyser
Income, obligations and banking behaviour from statements.
Bureau checks
Credit bureau reports pulled at the right step.
Custom underwriting rules
Your credit policy, applied the same way every time.
Automated approval engine
Approve, refer or decline as soon as checks finish.
eSign and digital agreements
Loan agreements signed online, with a full record.
Disbursement workflows
Pay out approved loans without hand-offs.
The flow
From application to disbursement
- 01
Capture
The applicant fills in one short digital form.
- 02
Verify
Identity and documents are checked automatically.
- 03
Assess
Bank statements and bureau data feed the assessment.
- 04
Decide
Your rules decide, and exceptions go to a person.
- 05
Sign
The borrower eSigns the agreement.
- 06
Disburse
The loan is paid out and handed to the LMS.
Benefits
Less waiting for borrowers, less manual work for your team
Automated checks and rules take the routine work out of each application, so your credit team spends its time on the cases that need judgement.
- Shorter processing times
- Consistent decisions from your own rules
- Fewer manual hand-offs
- A complete record for audits
Works with the rest of the suite
- LMS
Loan management
Approved loans move straight into repayment schedules and auto-debit.
- Collections
Collections
Missed payments flow into reminders, calling and field queues.
See the lending suite with your own loan products
Book a demo and we will walk you through origination, loan management and collections, set up around how you lend.