JITS Loan Origination Solution

Loan Origination Solution helps streamline the lending operations and strengthen your customer relationships.

The solution is adaptable, agile and offers an enterprise class origination platform that is responsive to changing business needs in loans. It assists banks to meet service levels without conceding on cost and become more agile to be competitive, thus delivering significant return-on-investment. Financial institutions can deliver instant, automated decisions to applicants from any origination channel due to powerful decisioning, dynamic features, extensive third-party integrations and highly customizable applications.

Thus JITS equips you with all the tools required to ensure customer satisfaction – new competitive loan products, reduced processing time and faster disbursal while at the same time optimizing the banks profit margins with improved efficiency, better credit analysis and reduced defects on loans.

JITS ^TM Core Microfinance Solution helps faster loan processing with increased Business Penetration.

Integration with Insurance Company Solution is carried out to update the customers in the life insurance policy under which the customer's life is to be covered before disbursement of loan and also to extend the coverage/renew the cases for cases which are for more than one-year duration. The concepts of Straight Through Processing (STP), Unique Customer Identification File (CIF) and Service Oriented Architecture (SOA) are deeply ingrained in the solution which help achieve desired flexibility and scalability to support operational growth.

The Microfinance Solution has been integrated with Credit Bureau Rating Solution for quick processing to get their rating helping to take right decision to consider that target customer based on the number of companies from where the existing loans are taken by the target customer etc.