Loan Types
Purpose-built loan management for every collection cycle — daily, weekly, monthly, EMI, interest-only, gold loan, property loan, and product-based — with complete lifecycle tools from origination to closure.
Daily Loans
The most common microfinance product — small loans repaid through daily collections by field agents visiting customers on their route.
Key Capabilities
- Auto-generated daily repayment schedules
- Integrated with daily route planning
- Real-time collection tracking per agent
- Payment receipts (PDF) for every collection
- Loan progress cards with monthly breakdowns
- Admin daily cash settlement
Weekly Loans
Loans with weekly repayment cycles — ideal for borrowers with weekly income patterns like market vendors and small traders.
Key Capabilities
- Weekly collection schedule generation
- Integrated with weekly route management
- Flexible term configurations
- Weekly collection summary reports
- Overdue tracking per weekly cycle
- Route completion tracking with totals
Monthly Loans
Loans with monthly repayment cycles — suitable for salaried borrowers, businesses, and customers with monthly income flows.
Key Capabilities
- Monthly repayment schedule generation
- EMI calculation and tracking
- Flexible tenure options
- Monthly collection summary reports
- Overdue tracking per monthly cycle
- Integrated with staff route management
EMI Loans
Fixed-tenor equated monthly installment loans with automatic EMI schedules — also available in 15-day and 30-day interval variants, with foreclosure and pre-closure handling built in.
Key Capabilities
- Equated monthly installment schedule generation
- 15-day and 30-day interval variants
- Foreclosure and pre-closure handling
- Principal and interest split per installment
- Tenure and rate configuration
- Overdue tracking and PDF receipts
Interest-Only Loans
Borrower pays only interest each period while the principal stays outstanding until closure — the classic 'kandhu vatti' / 'byaj' model, with simple, compound, and daily interest modes plus an optional weekly collection cadence.
Key Capabilities
- Simple, compound, and daily interest modes
- Interest auto-calculated on outstanding principal
- Optional weekly interest collection cadence
- Principal stays open until closure or renewal
- Ideal for kandhu vatti / byaj lending
- Automatic interest reminders and PDF receipts
Gold Loans
Loans secured against gold ornaments — manage gold valuation, pledging, interest calculation, and redemption with complete tracking.
Key Capabilities
- Gold item cataloging with weight and purity
- Automated valuation based on market rates
- Interest calculation (daily/monthly)
- Pledge and redemption tracking
- Collateral photo documentation
- Gold loan renewal and top-up support
Property Loans
Loans secured against property — manage property valuation, document verification, disbursement, and repayment with full lifecycle tracking.
Key Capabilities
- Property document management
- Property valuation tracking
- EMI and repayment schedule generation
- Document verification workflow
- Flexible repayment options (daily/weekly/monthly)
- Collateral and lien tracking
Product-Based Loans
Loans tied to physical products — customers purchase appliances, electronics, or other goods with financing, repaying via daily or weekly collections.
Key Capabilities
- Product catalog with categories and photos
- Product pricing with MRP and loan amount
- Down payment tracking
- Supports both daily and weekly repayment
- Product image upload and management
- Linked to customer and route systems
Common Across All Loan Types
Every loan type benefits from these shared capabilities — built into the platform core.
Loan Renewal
Seamlessly renew completed or active loans. Carry forward customer details, create new repayment schedules, and maintain the full loan history chain.
Repayment Schedules
Auto-generated repayment plans for each loan based on amount, term, and collection frequency. Staff and customers always know what's due.
Loan Progress Tracking
Visual progress indicators showing how much of each loan has been collected, with monthly breakdowns and completion percentage.
Loan Closure Cards
Summary cards for completed loans showing total collected, duration, payment regularity, and closure details for quick reference.
CSV Bulk Import
Import multiple loans at once via CSV upload. Migrate existing portfolios or onboard batches of new loans efficiently.
Loan Deduction Configuration
Configure deduction rules — commission, insurance, processing fees — applied automatically to loan disbursements. Fully customizable per tenant.