LoanAdda

LoanAdda is an Indian-oriented loan servicing solution for NBFCs and small banks dealing with personal, gold, or two-wheeler loans. The platform’s module checks KYC, credit scores, and local compliance norms. A branch-level interface captures applications, while HQ sees aggregated portfolios. Automated EMI reminders go via SMS in regional languages. The system’s ledger tracks partial payments, top-ups, or rewrites. A simple data analytics section shows overdue accounts, product-wise distribution, and monthly disbursals. LoanAdda helps smaller Indian lenders digitize processes and expand outreach cost-effectively.