” Enhanced loan processing, faster decision making “
Digital lending is the process of disbursing and collecting loans via websites or mobile apps. It enables prompt disbursal and aids in cost reduction.
Non-Banking Financial Companies (NBFCs) and Lending Service Providers (LSPs) work together to provide credit to clients using the latter’s platform. However, these platforms frequently engage in risky behaviour by lending to borrowers who are unable to repay the money.
For banks, NBFCs, and digital lenders, Zirac India has developed an end-to-end cloud-based lending system. Platform is driven by Zirac India APIs and uses cutting-edge technology to help originate loans. It uses financial statement analysis to determine loan eligibility. Customers can receive an in-principle approval using our digital lending platform in less than 30 minutes.
Digital Transformation is a fundamental reality for businesses today