Scalable Solution for Loans Servicing, Ageing & Recovery Management.
TrustBankCBS LMS is a agile, Robust and Comprehensive Loan Management System customized to meet requirements of various BFSI Segments.
A configurable and scalable LMS have benefited Banks to expand its Loan Products as per market needs, grow its Loan Portfolio, streamline servicing workflow, Maximize revenues.
TrustBankCBS LMS is fully integrated with LOS module which does Loan Applications Processing, Credit decision making. Combined with Deposit Management, Retail Banking, Financial Accounting; TrustBankCBS LMS offer end-to-end solution for managing Loan Security, Automated Cash-less Loan Repayments, Asset Liability Management and Statutory compliance.
With the experience of successful LMS implementations across 200+ BFSI of various segments, TrustBankCBS LMS solution provides advantages of vast domain knowledge, best industry practices, different loan types & products AND fast implementation methodologies.
Product Specific Solutions, Pre-configured Scenarios, Configurator to define business rules for domain specific Lending Products such as:
- Home Loans.
- Vehicle Loans.
- Educational Loans.
- Personal Loans.
- Micro-Finance Loans.
- Group Loans (JLG, SHG Loans).
- And Many more Loan Products configured with Loan Scheme Configurator.
- Cash Credit Limits & Overdraft.
- Business Term Loans.
- MSME Loans.
- Staff Loans.
- Staff Loans.
- Agricultural Loans.
The state-of-art LMS solution with below key features deliver fast and streamlined process and productivity:
- Configurator to Configure Various Loan Product Business Rules.
- Rules Engine for Charges Configuration.
- Loan Account Opening, Documentations, Processing Fees and Charges.
- Define Disbursement Schedule, Moratorium, Amortization Schedule.
- Loan Securities, Guarantor Management.
- Disbursement to CASA accounts of your own bank; to Other Bank account thro’ RTGS/NEFT integration.
- Repayments from customers CASA account thro’ Standing Instructions; or from other bank account thro’ ECS, NACH, by Cheques.
- Loan Ageing Analysis (Overdue, NPA Classification), Loan Loss Provisioning
- Regular Interest, Penal Interest, Overdue Interest (OIR).
- Customer Self-service and Omni-channel support.
- Onfield Account Opening, Disbursements, Recovery thro’ Agency Banking.
- Integration with Credit Bureau, Geo-tagging of Assets.
- Seamless integration with other TrustBankCBS modules for End-to-End solution.
- Configurable Templates for Letter Communication or SMS Notifications to customer.
- Document Management System for easy storage and retrieval of Loan related Documents.
- End-to-End Loan Repossession and Legal Management Work flow.
- Exhaustive Reporting, MIS, Dashboards, Notifications.
TrustBankCBS have enabled banks to expand loan portfolio, with proper checks and safeguards by stringent application of BFSI policies towards credit appraisal, documents checklists, guarantees, loan securities. The TrustBankCBS LMS have delivered below benefits to BFSI:
- Paperless and automated Loans Cycle.
- 360-degree customer overview with Term Deposits, Shares, Loans, Guarantors, TDS etc.
- Fast and accurate Credit Checks with Credit Bureau Integration
- Integrated LOS facilitates Document Checklist compliance, Loan Security, uniform agreements THUS enabling effective Recovery Management.
- Risk Profiling, Behavioural Analysis of customer.
- Better Customer Satisfaction with Online and Self-Serviced Channels.
- Enhanced Customer Relationship Management.
- Higher productivity, Lower overhead costs, Quick-Decisions and swift processes.
- Elimination of duplicity of work; Efficiency in operations
- Statutory Compliance
- Better Control, Decision Support to Management