Our Credit processing services typically encompass a wide range of activities that are designed to facilitate credit transactions and manage credit risk. Some of the common activities that we perform are :

Credit application processing: Credit Application Processing involves the processing and verification of credit applications, including the collection and analysis of applicant data and credit history.

Credit underwriting: Credit underwriting involves evaluating the creditworthiness of applicants and determining the terms and conditions of the credit that will be extended.

Our credit processing services are designed to facilitate credit transactions and manage credit risk for financial institutions and other organizations. The specific activities included in credit processing services may vary depending on the needs and requirements of the client.

Our Credit appraisal process helps in evaluating the creditworthiness of a borrower and determining the feasibility of extending credit to them.

Our credit appraisal process involves following stages

Collection of Information: We collect information about the borrower, such as their income, assets, liabilities, credit history, and other relevant information.

Analysis of Information: After collecting the information, we analyze the data to evaluate the creditworthiness of the borrower. This analysis includes the borrower’s ability to repay the loan, their credit history, their character, and their collateral (if any).

Reporting: We provide a detailed analysis of the borrower’s creditworthiness, as well as any potential risks or weaknesses in their credit profile, which helps financial institutions to ensure that they lend money only to creditworthy borrowers who have the ability and willingness to repay the loan.

Before sanctioning of a loan, a personal discussion process of verification is conducted with the borrower. This process involves an tele discussion or video discussion between the borrower and our officer, during which our officer gathers additional information about the borrower and their financial situation.

Our Personal discussion process of verification typically involves the following steps:

Appointment scheduling: We schedule an appointment with the borrower at a convenient time and mode of Discussion.

Verification of Identity and Documents: At the start of the meeting, we verify the borrower’s identity and review the required documents, such as government-issued identification, proof of address, and income statements.

Discussion of Personal and Financial Information: We also ask borrower questions about their personal and financial situation, including their employment status, income, expenses, debt, and credit history.

Clarification of Information: During the discussion, we also clarify any information provided on the loan application or seek supporting documents.

Assessment of Loan Suitability: Based on the information gathered, we assess the suitability of the loan for the borrower’s financial situation and may make recommendations accordingly.

With our Personal Discussion Module, we ensure that the borrower has a clear understanding of the loan terms and their financial obligations and can help to prevent fraudulent activity or misrepresentations on the loan application.

Our Site visit process involves a physical verification of the customer’s identity, usually conducted at the customer’s place of residence or business. It also involves a physical verification of the property that will be offered as collateral for the loan. The site verification process helps to ensure that the property exists, is in good condition, and has the necessary legal clearances and documentation to be pledged as collateral for the loan.