Instant Overdraft Lending Software Solutions
Eliminate all financial risks associated with overdraft loans. Elevate your services with intelligent overdraft lending software solutions.
One of the largest banks in Asia approached Servosys Solutions with the aim of increasing its market share in Overdraft Loan products by reducing the Turnaround time (TAT) from 3 working days to a few minutes.
As we know, an Overdraft Loan for SMEs and other eligible individuals as a short-term loan has always been one of the most preferred modes of lending by Banks and NBFCs. However, such loans have always been time-consuming and paper-intensive processes. Such loans are requested by the customers for a short-term period, so an Overdraft sanction with higher TAT has always been less-desirable and ‘lesser-yielding’ for lenders and customers.