Streamline with Lending Operations – RBI Compliant NBFC ERP
Digitize the full loan lifecycle with our comprehensive NBFC ERP software - From loan origination to disbursement, repayment to recovery, our platform integrates every process across LOS, LMS, compliance, and customer engagement. Built on ERPNext, it's the most secure, scalable, and modular ERP for NBFCs.
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NBFC ERP Software - About the Product
End-to-End NBFC Automation with loan origination software (LOS) & loan management system (LMS)
All-in-One Bank ERP Software with Loan Management and ERP for Banking Industry Built by a leading NBFC ERP software development company, this platform combines efficient loan management software, flexible ERP for NBFC, and a complete NBFC ERP solution. Perfect loan servicing software for private lenders and digital loan processing software.
Sanskar Technolab’s NBFC ERP software is a future-ready platform built to meet the evolving needs of modern lenders. Whether you're managing high loan volumes, facing regulatory pressure, or looking to digitize your loan servicing software, our LOS (Loan Origination Software) and LMS (Loan Management System) modules offer full automation, scalability, and security.
What Makes Our NBFC ERP Different?
Tailored for Your Lending Model
Our ERP for the banking industry is designed to support diverse loan products—whether it's MSME loans, vehicle finance, consumer durables, or working capital. This adaptable NBFC software ensures your loan servicing software works exactly the way your lending model demands.
Modular & Configurable System
Experience the flexibility of truly customizable loan management software. Easily configure workflows, credit rules, and checklists using our modular ERP for banking industry, purpose-built as a scalable NBFC software for modern lending needs.
Built for Compliance & Scale
Stay 100% audit-ready with a powerful loan management software that keeps you aligned with RBI regulations. Our comprehensive software, built on a secure ERP for banking industry framework, seamlessly handles high loan volumes and complex compliance workflows
Open source loan management system for Private Lenders
Our loan servicing software for private lenders helps you manage repayments, collections, and customer interactions effortlessly. Built on an open source loan management system, it offers full flexibility and control over your lending operations. From onboarding to disbursal, our end-to-end loan processing software ensures speed, compliance, and scalability.
Loan Origination System (LOS) Features
The LOS module helps NBFCs manage the pre-sanction phase of a loan lifecycle, ensuring speed, compliance, and decision-making accuracy.
Multi-Channel Lead Capture
Intake from website, mobile app, agents, branches, third-party integrations (e.g., Lead Square)
Auto-lead assignment based on geography, product, or agent
Customer Onboarding & KYC Management
Capture of applicant and co-applicant details
Upload and verification of PAN, Aadhaar, Voter ID, Passport, etc.
e-KYC and video KYC integrations
Real-time validation using APIs (e.g., NSDL, UIDAI)
Credit Bureau Integration
Fetching credit scores and reports from bureaus like CIBIL, Experian
Rule-based credit scoring engine
Flagging of risk indicators (defaults, high DTI, poor history)
Document Management
Configurable document checklist by loan type
Digital document upload (PDF, image)
OCR and auto-extraction of document data
Version control & secure access
Eligibility & Risk Assessment Engine
Auto-calculation of eligibility based on income, obligations, age, credit score
Custom scoring models and weightage configurations
Red flag alerts for fraudulent or high-risk applications
Field Investigation Workflow
Assign FI task to field agent
Capture PD (Personal Discussion) questionnaire
Geotagging and photo capture
Real-time reporting to credit manager
TNC Compliance & Internal Checklists
Rule-based "Yes/No" compliance matrix
Mandate checks (CIBIL score threshold, KYC verified, FI done, etc.)
Auto-hold or rejection for non-compliant leads
Credit Appraisal Memo (CAM) Generation
Automated CAM preparation from lead data
Risk summary, income analysis, loan proposal, and sanction terms
Approval workflow with digital signatures
Sanction & Disbursement Preparation
Multiple approval levels (underwriting, credit head, legal)
Auto-sanction letter generation with template
Bank account verification and fund readiness checks
Loan Management System (LMS) Features
The LMS module covers the post-disbursement lifecycle—loan servicing, repayment, accounting, and recovery.
Loan Account Setup
Creation of loan accounts post-sanction
Linking of repayment method: ECS, NACH, UPI, Cheque
Loan statement generation
Disbursement Management
Multi-tranche or full disbursement capability
Integration with bank APIs for NEFT/RTGS
TDS, insurance, and processing fee deductions
EMI Scheduling & Interest Calculation
Auto-generation of EMI schedule
Support for flat rate, reducing balance, daily/monthly interest
Grace period, moratorium, and balloon payment handling
Repayment Tracking
Auto-import of repayments from banks/NACH
Partial, prepayment, and foreclosure tracking
Overdue and bounced EMI handling
Collection & Recovery Management
Auto-generation of collection bucket reports/NACH
Daily follow-up assignment to agents
SMS/Email/WhatsApp reminders
Legal escalation and repo tracking (if applicable)
NPA Monitoring
Aging analysis and DPD (Days Past Due) monitoring
Early Warning System (EWS) alerts
NPA tagging as per RBI guidelines
Provisioning calculation for NPAs
Accounting & General Ledger Integration
Automated loan ledger posting
Real-time interest accruals
Configurable chart of accounts
Customer Self-Service Portal
EMI calendar and statements
Loan status tracking
Document re-downloads and support tickets
Foreclosure and part-payment requests
Audit Trail & Compliance
Detailed activity logs and user trails
Role-based access control
Regulatory reporting (RBI-compliant formats)
Secure data archiving
Analytics & Reporting
Loan Repayment and Closure
Loan Security Status
Loan Interest Report
Loan Security Exposure
Applicant-Wise Loan Security Exposure
Streamline Loan Origination to Closure in One Platform
NBFC ERP Comparison Chart: Sanskar Technolab vs Others
Sanskar Technolab NBFC ERP
Yes
Yes
Fully Configurable
Yes
Plug-and-Play
Mobile-Enabled
RBI-Compliant
Native App
Yes
Built-In
Fully Supported
Seamless
Drag & Drop Builder
6–8 Weeks
Dedicated Success Team
Competitive + Modular
Other NBFC Software Providers
Partial
Limited
Pre-defined only
No
Manual Setup
Add-on
Basic
Browser Only
Limited
Manual or Third-Party
Partially Supported
Export Required
Fixed Templates
12–20 Weeks
Ticket-Based Only
High + Per User Licensing
Generic ERP
No
No
Not Available
No
Not Available
No
No
No
No
Not Available
No
Manual Entry
Static Reports
6+ Months
No Active Support
Expensive Customization
Why Sanskar Technolab Is the Right Fit for Your NBFC
Modular & Scalable Architecture
Start with the features you need and expand seamlessly as your business grows.
Mobile-Ready Interface
Built for easy access and use by borrowers, agents, and field officers alike.
100% RBI Compliant
Designed to meet all regulatory standards and stay audit-ready at all times.
Third-Party Integrations
Connect with credit bureaus, payment gateways, SMS/email services, and Aadhaar e-KYC.
Customizable & API-Friendly
Easily tailor the system and connect with external platforms using open APIs.
AI-Ready Analytics
Track performance with visual dashboards, predictive reports, and key business metrics.
Sanskar Technolab is your trusted NBFC ERP software development company—providing cutting-edge ERP for NBFCs and the banking industry. Our loan Origination software, combined with a robust ERP framework, helps private lenders and financial institutions thrive in a digital-first world.
Explore the future of lending with our powerful, customizable Loan Processing software.
Designed for Every Lending Model
Whether you’re a fast-growing startup or a large NBFC, our solution adapts to:
MSME Lending
Equipment &
Machinery Loans
Consumer Durable Financing
Used Vehicle Finance
Gold Loans
Ready to Digitize Your Lending Process?
Say goodbye to manual spreadsheets, fragmented tools, and long turnaround times. Step into the future with a secure, intelligent, and scalable ERP system built just for NBFCs.
Frequently Asked Questions (FAQs)
Is your ERP customizable to our lending processes?
Yes. We offer highly configurable workflows, eligibility rules, approval layers, and document requirements based on your lending policies.
Does it support integration with our current systems?
Absolutely. Our platform supports APIs for core banking, CRMs, credit bureaus, Aadhaar e-KYC, and third-party services.
How long does implementation take?
Typically, a go-live can be achieved in 6–12 weeks, depending on your scope and complexity.
Is it secure and compliant with Indian financial regulations?
Yes, our system follows RBI guidelines and is built on enterprise-grade architecture with robust data encryption and access controls.
Can I manage field agents and loan sourcing partners?
Yes. We provide partner and agent modules to track leads, performance, and commissions in real-time.
Is there a mobile app for customers or field agents?
Yes. We offer mobile access for both customers and field teams, with real-time sync and offline functionality.
Is training provided for using our NBFC software?
Yes. We offer training sessions and user documentation to ensure your team can effectively utilize all the features of the software.
Can I migrate data from the existing system to ERPNext software?
Yes, our NBFC software solution offers data migration services, ensuring a smooth transition from your existing systems while preserving historical data.
Is ongoing support available for our NBFC software?
Yes, We offer ongoing technical support, updates, and troubleshooting to address any issues that may arise during software usage.
What kind of support do you provide post-deployment?
We offer dedicated customer success managers, SLA-based support, and periodic system upgrades.
Can our NBFC software improve customer service?
Absolutely. Our NBFC software includes CRM capabilities that help NBFCs manage customer interactions, handle queries efficiently, and provide personalized services.
Is our software suitable for different types of NBFCs?
Yes, It can be tailored to various types of NBFCs, such as asset finance, microfinance, housing finance, and more, accommodating their specific needs.
How can I choose the right NBFC software for my company?
Consider factors like the software's features, scalability, customization options, security measures, integration capabilities, vendor reputation, and user reviews when choosing the right NBFC software for your business.
Can you request a demo for our NBFC software?
We offer a demo to showcase our software's capabilities and help you assess if it meets your requirements.
Is our NBFC software cost effective?
While there's an initial investment, our NBFC software's long-term benefits, including increased efficiency, reduced operational costs, and improved decision-making, make it a cost-effective solution for NBFCs in the competitive financial landscape.
