Trusted By 700+ Clients
Your Flexible,
Fast, and Hassle-
Free Solution!!
Managing loans shouldn’t be complicated! Our all-in-one system offers seamless processing for loan applications, easy loan tracking, and hassle-free EMI calculations to keep your finances on track.
Savvy HRMS - Modules
SAAVY HRMS is an integrated HR management software that automates and simplifies your key HR operations.
Loan Configuration
EMI Management
Loan Configuration
Smart Loans, Smarter Management!
- Offer multiple loans to suit your needs.
- Set maximum loan limits so that you can better calculate your finances.
- Customize loan policies for every type of loan.
- Define loan eligibility criteria department-wise.
- Choose between simple/compound interest calculations.
EMI Management
EMI Made Easy, Maximize Your Savings!
- Auto calculate EMIs accurately.
- Set fixed or variable EMI structures.
- Integrate EMI deduction with payroll.
- Make provisions against bad debts for the greater safety of funds.
- Settle full and final loans from the backend with ease.
- Drill down into reports and analytics to support your decisions.
- Skipping options for EMI repayment contributes to whatever flexibility.
Frequently Asked Question
1. What does a Loan Management System mean?
The Loan Management System is an end-to-end loan management application that handles all operations of loan origination, servicing and repayment in an automated manner.
2. What would a digital loan management platform do for lenders?
A digital loan management platform would streamline loan servicing software using automation for loan origination and management solutions, allowing precision and productivity.
3. Will this system manage different kinds of loans?
Yes, our loan tracking and reporting software handles consumer loan management software, mortgage loan management solutions, and business loan management platforms.
4. What do cloud-based loan management solutions provide?
They provide real-time updates, remote availability, and smooth integration with payroll and compliance tools.
5. Is the platform applicable to banks and NBFC?
Absolutely! Our loan management for banks and NBFCs provides compliance standards, risk assessment, and secure loan repayment tracking mechanism.
6. How does the system deal with EMI calculations?
System auto-calculates EMIs with high precision based on either fixed or variable EMI structure with payroll-compatible deductions for EMIs.
7. Will I be able to track and manage loan repayments without hindrance?
Certainly, aided by advanced loan portfolio management tools, our real-time loan servicing software has loan repayment tracking systems.
8. Does the system support foreclosure and skipping of EMIs?
The automated loan processing system gives two options for loan foreclosure in the case of early loan repayment and skipping of EMI for flexibility.
9. How do I choose good loan management software for financial institutions?
Look for a feasible loan tracking software with credit risk management, compliance tools, and interest rate management software like ours.
10. Can this system assist in compliance and reporting?
Our loan tracking and compliance management tools ensure regulatory compliance, on-time auditing, and timely issuance of comprehensive financial reports.
A complete HR solution for every business
More Than 7,00,000+ users are using Savvy HRMS in different type of organisation
