Digital Journey
- Digitize the lending journey
- Reduce time to disburse loans
- Tailored for any business needs
Cygnet Fintech presents a cloud-based end-to-end lending system for the customers of banks, non-bank financial institutions, and digital lenders. The platform makes use of cutting-edge technologies to provide a virtual experience of checking loan eligibility and end-to-end loan disbursal journey.
Benefits
Quicker loan disbursals
Generate customized report
Leverage verification checks at every stage
Utilize electronic signature
A single platform with loan origination capabilities
Digitized loan processing with cashless loan distribution
Reduced per-application cost and faster turn-around time
Features
Loan eligibility check
Checks identity proofs like Aadhar and PAN card along with personal details and business details of the potential borrower.
Financial details
Verifies GST and bank statement details to proceed further in the loan application process.
Financial documents
Checks and verifies financial and company documents such as GST returns, auditor’s report, director’s report, and more of the borrower.
Loan offer
Identifies the amount of loan the potential borrower is eligible for with multiple checks and credit analysis by lenders.
KYC process
Enables address verification and video KYC with borrower’s residential proof and PAN card details for easy onboarding.
Agreement signing
The borrower can scan through the agreement with details and approve it with electronic signature.
NACH
Registering with NACH will give authentication to debit or credit funds from your account.
Disbursement
This is the final stage where the loan is ready to be disbursed.
