With touchless banking a new norm, virtual lending has gained unprecedented significance. Today, customers expect modern features like online applications and e-signatures, etc. So, small banks are eager to transform their lending journeys.
AI-powered 99% digital onboarding
Minimize 80% of loan processing time
AI-enabled Analytics for real-time insights
Eliminate manual input with smart document management
Save at least 30% in loan processing lifecycle
Scale efficiently with open API integration
Web/mobile interface - ensure fund availability within 24 hours of approval
OCR/ICR/OMR tools to manage data - transfer documents & verify against frauds
Customer grading & collection strategies – easily manage portfolios
Key marketplace integrations like eKYC, Credit Scoring & Authentication
The Microlending Avatar is a part of Aspire Systems’ Bank in a Digital Box (BiDB) solution. It follows an MVP model with predefined deployment frameworks to extend microfinance solutions to customers in hard-to-reach locations.
Deliver proactive and uninterrupted banking services to customers – wherever they are
Let customers remotely browse through and use a wide variety of financial products
Start seamlessly offering add-ons without complex integration processes
Enable agency banking with centralized control – use periodic scheduling and set cash limit controls
Effortlessly onboard your members remotely while tagging groups digitally
Equip your agents with UI-friendly mobile solutions for enhanced fields operations
Swiftly enable external product integration for household loans