Cred-Aid: Fintech Solution for Bachatgat and Loan Recovery

Cred-Aid: Fintech Solution for Bachatgat and Loan Recovery

Loan Servicing Software by AbracaDabra Software Solutions Pvt. Ltd.

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About

Loan recovery and bachatgat (Self-help group) management made easy.

It helps to identify non-performing assets or defaulters, notify consumers about EMI payments, monitor on-the-ground collections teams, and provide fast monitoring to reduce risk during loan collection and debt recovery. It instantly creates detailed data-driven reports to gain insight into the company's main performing and non-performing areas.

It can also be viewed as a project for the digitization of all self-help groups. Digitization connects all SHGs to a technology network, allowing them to participate in Financial Inclusion and gain access to a broader variety of financial services. This aids bankers in client evaluation and credit disbursement.

This product is intended for

  • Field Officer
  • Loan Officer
  • Branch Manager
  • Bank Manager

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