LINE OF CREDIT
line of credit is a flexible financial product that allows clients to borrow funds up to a predetermined limit, as needed. Unlike traditional loans, borrowers can withdraw and repay funds multiple times within the limit. This product is ideal for managing cash flow and unexpected expenses.
Mifos facilitates easy tracking, repayment scheduling, and interest calculations, empowering clients with financial flexibility while helping institutions manage risk and enhance customer service.
01
Create Lead


01
Loan type
- Personal / Business / Vehicle / Gold /Machinery /Working Capital /Line of Credit
02
Customer Type
- Existing (Provide search option and select)
/New (Move to next step for create client)
03
Business Details
- Business Name / Address / Business Type : Proprietor /Partnership / Private Limited
04
KYC
- PAN / Aadhaar / Phone Number / Email t
01
Credit bureau Check
- A credit bureau check evaluates an individual’s credit history and score, providing lenders with essential information
02
Financial Analysis
- Idle Balance Details / Banking Average Revenue /Cash Deposits.
- UPI Credit Analysis /ECS Returns.
03
Feild Investigation
- Capture Location /Geo Mapping /Take Photos /Residence /Office.
04
Personal discussion & Reports
- Create Form /How Old is business /Who handles business /Products or services /venders & suppliers /Other Details.
02
Credit assessment





03
LOAN PROCESS
LOAN PROPOSAL, SANCTION , DISBURSEMENT
- Create loan with repayment/interest/tenure/charges/frequency/delay interest percentages/etc.
- Approve or Reject of Loan
- Disburse Loan
04
STREAMLINED USER EXPERIENCE
LOAN COLLECTIONS
- Can collect through staff mobile app on the field.
- Generate SMS and receipts instantly.
- Through customer mobile and web application
- Customer can make repayment through their mobile app or through web application
- Through Emandate / ENACH Integrated with payment gateways.
05
ANALYIS YOUR DATA THROUGH REPORTS
LOAN REPORTS
- CLIENT LIST
- CLIENT FORM
- LOAN OUTSTANDING REPORT
- LOAN AGING ANALYSIS REPORT
- BALANCE SHEET
- PROFIT AND LOSS REPORT
- GENERAL LEDGER REPORT