Vehicle Loan Software

Vehicle Loan Software Details
Websoftex Microfinance Software Providing All Vehicle Loan Software In India Based Auto Loans Applications and Technology expands on the functionality for previous versions. It will help you in every step of the loan servicing process. We have automation in place for things like collections, payments, mass communication with borrowers, and much more.

Loans Vehicle Software
Consists of:

Surety Loan (Unsecured),
Crop Loan,
Vehicle Loan, Gold Loan,
Loan Against Deposit (like, FD, RICC / CC)
Loan Ledgers & various types of reports.

Eligibility
Individuals , Proprietorship, Partnership firms , Agriculturists Directors/Employees of the Corporates etc.

Quantum of Finance
Can be parameterized as per the scheme (like 70% to 90% of the Market Value of Gold ornaments pledged)

Repayment
Can be parameterised as per the scheme guidelines (Single payment [bullet payment] or in EMIs)

Rate of Interest

Can be parameterized

Service Charges
Can be parameterized as applicable

Documents Required

Address Proof, ID Proof, Income Proof (like Salary Certificate, IT return)
Creation of Lien on Vehicle in RC Book
Vehicle insurance
Valuation report (for 2nd Hand Vehicle)