Samit Shetty
Director - Chaitanya India Fin Credit Pvt. Ltd.
For many years, technology had been a barrier to our rapid expansion plans. With Finflux, technology is now our primary business accelerator.
What types of gold loan schemes do the platform support?
We support multiple gold loan schemes, including:
- Regular Schemes for fixed repayment schedules
- Step-up Schemes to gradually increasing repayment amounts
- Interest-only to pay only the interest during the tenure
- Bullet Repayment to pay principal and interest at the end of the tenure
How does the gold valuation process work in the LMS?
Our Appraiser Module ensures accurate gold valuation. It is an integrated tool that appraisers can use to evaluate gold quality and weight, making the process fast, reliable, and standardized.
Does the platform facilitate partial release of pledged gold?
Yes, our platform allows partial release of pledged collaterals, providing customers with flexibility to access part of their pledged assets after proportionate loan repayment.
What repayment options are available?
Our platform supports part payments and full payments for customer-friendly experience.
Does the Loan Management Software support top-ups and balance transfers?
Yes, the LMS allows top-ups, renewals, and balance transfers.
How is cash vs. bank disbursement managed?
Our platform ensures compliance with RBI regulations by supporting cash vs. bank disbursement splits, maintaining regulatory adherence and transparency.
Does the platform include packet allotment ?
Yes, the LMS features packet allotment to track and manage gold packets during storage and disbursement.
Is the LMS for Gold Loans scalable and compliant?
Yes, our loan management system for gold loans is a fully scalable, compliant solution, designed to meet the evolving needs of financial institutions while adhering to regulatory standards.
Who can use the Loan Management System for Gold Loans?
Our loan management system for gold loans is ideal for banks, NBFCs, and financial institutions offering gold loans and looking to automate and streamline their processes.
