Can it follow our interest calculation method?
Yes. Flat rate, reducing balance or your own method, along with charges and penalties, are configured to match your loan agreements.
Vehicle finance and loan management software
A motor vehicle finance system covering loan origination, repayment schedules, collections and vehicle records.
Vehicle lending runs on detail: the borrower, the vehicle, the schedule and the collection. We build motor vehicle finance systems that keep all four in one place, from the first enquiry to the final instalment, so nothing depends on a spreadsheet or on someone's memory.
What the system covers
- Loan origination
- Enquiry, application, documents and approval in one flow.
- Vehicle and guarantor records
- Registration, insurance and hypothecation details beside the borrower's file.
- Repayment schedules
- EMI schedules with interest calculated by your method.
- Collections
- Receipts, daily collection lists and updates from field staff.
- Overdue and follow-up
- Ageing, reminders, penalties and repossession tracking.
- Accounts and reports
- Ledger postings, portfolio reports and branch-wise performance.
Who it is for
- Vehicle finance companies and NBFCs managing loans in spreadsheets or an ageing package.
- Dealers offering in-house finance who need proper schedules and receipts.
- Lenders whose collection staff work in the field and need the day's dues on a phone.
Questions we are asked
Can collection staff use it in the field?
Yes. A mobile view or app shows the day's dues and records receipts on the spot.
Can it send payment reminders?
Yes. Reminders and receipts can go out by SMS through a gateway we connect.
Related work
Talk to us about vehicle finance and loan management software
Tell us where you are today and what you need. We will connect with you soon.
Call +91 79816 70439 or email connect@unsignedlabs.in