Case Study / TechFino


Project Objective

The customer wanted to have complete digital and automated Loan Origination System for their newly launched NBFC. The objective was to build a system which will have multiple portals catering to Business Partners, End Customers, and administrators in order to process the new loans.

The mandate was to ensure; from the Initiation of Application to Loan Approval should be paperless and under 5 minutes. In order to make it paperless integrations with Payment Gateway, Offline Aadhar Validations, and e-mandate needed to be done.

Along with the Loan origination a lightweight Loan Management system was also implemented which includes but not limited to auto debit, penalty calculations, Bounce charges and etc

Benefits
Configurable Loan Parameters differing from sector to sector.Payment gateway Integration and e-Mandate  (Auto Debit) feature for seamless loan  re-payment minimizing the NPA

Sulopa created the solution architecture and system blueprint after careful study of the requirement during the discovery phase.

The decoupled architecture helped the project team to implement multiple modules in Parallel.

Testing team is deployed to come up with Test Plan, Test Cases, and Test Automation along with test execution.

The UI team is tasked to make sure the ease of use is there to ensure the loan application journey stays under 5 minutes. Complete paperless LOS with Offline Aadhaar to instantly verify the documentation.

Quick Facts

Duration

6 Months

Team Size

8

Methodology

Agile Scrum

Technology

NodeJS, Angular 6, Python, Katalon (Selenium), MySql

Infrastructure

AWS

Functional Area

Fintech, Loan Systems

See Our Other Creation

Sulopa created the solution architecture and system blueprint after careful study of the requirement during the discovery phase.