Housing and Urban Development Corporation (HUDCO) has selected Intellect Design Arena as their partner for implementation and support of an integrated lending and ERP solution.
This includes Digital Lending (Loan Origination, Loan Management, Debt Management), Treasury, General Ledger and Integrated Accounting, Procurement Management and HRMS among other solutions, to centralize their operations and drive a high degree of efficiency across loan Lifecycle and ERP function.
HUDCO finances social housing and residential real estate through primarily lending to State Governments and their agencies, which, in turn, extend the finance to or utilise the finance for the ultimate individual beneficiaries.