Loan Management System

(with Collections)
 LMS – Functional Architecture

Retail Lending Corporate Lending

Loan
Two Consumer Personal Home Business Line of
Against
Wheeler Durables Lending Lending Loans Credit Property
Loan Origination Systems

Loan
Loan Loan Loan Loan Loan Loan
Account

External Interfaces
Documentation Transactions Charges Guarantors Rescheduling Collaterals
Creation

Interest &
Repayment
Penalty Accounting Reports Co-Lending
schedule
Computation

Reference 1. Audit Trail

Interest Master 2. Maker
Product Charge Client Checker
Rate (Calendar,
Definition Definition Definition 3. Workflow
Master Currency, 4. Scheduler
etc) 5. Extensions

Report Upload Document Alerts Template

User Admin
Utility Utility Management (Email/SMS) Management

Products Transactions Services Infrastructure

LMS Product Factory – Customising Loan Parameters

Product Parameters

Calculation Special
Calendar Currency Grace Period Approach Parameters
 Days in year  Currency  Grace Period  Daily Accrual  Broken
 Interest  To Decimal Type  Periodic Interest
Loan Account Calculation Places  Grace on Accrual adjustments
Period Type (Calculation Principal  Amortization  End-of-Day
 Holidays Accuracy) Payment Method interest
 Repayment  Round off  Grace on  Payment calculation
schedule repayments Interest Allocation  Netting - off
based on Payment strategies Disbursal
holidays  Interest Free  Arrears and
Period NPA
classification
Product

Product Schedule Types

Equated Non-Equated Multiple Structured

Instalments Instalments Tranches
Top-Up Loans Finance
Product Class  Different  Multiple  Top-up on  Step-Down
 Advance
EMIs interest and disbursement existing loan and Step-Up
 Floating principal  Incremental account  Customization
interest rate frequency EMI or  Top-Up as a of EMIs
 Goal seek  Bullet and constant EMI new loan
EMI Balloon account
calculation payments
 LMS Collections
Features

Cheque
PDC Module ACH Module Cash Collections
Collections
Security Cheque

 PDC  ACH  Individual  Ad-hoc  Security

presentation registration Cash cheque cheque
/Clearance and demand collection management module
and bouncing generations sheet for  Cheque  Swapping for
cycle cycle officers deferral EMI
 PDC swap to  Bounce  Tele-caller collections
other charges on module
instruments bounce  Status
 PDC  Technical management
inventory failure  Available on
captured mobility

Other Features

Waiver of fees /
Repossession Module NPA classification
Penalties

Overdue and Aging

Collections Reports Provisioning
Management