Veefin Solutions and North Eastern Development Finance Corporation (NEDFi) have signed a comprehensive contract to implement a state-of-the-art digital lending ecosystem for NEDFi, which is designed to enhance credit access across the North Eastern Region of India. Under the terms of this multi-year agreement, the company will deploy a complete suite of cloud hosted solutions, including a Loan Origination System (LOS), Loan Management System (LMS), and Loan Collection System (LCS).
The digital transformation will also feature dedicated mobile applications for sales and collection, alongside a specialized customer portal to provide a seamless, end-to-end digital experience for borrowers. The solution will further integrate with various external systems, including credit bureaus and banking APIs, to create a unified and efficient financial ecosystem.
Veefin Solutions is a Digital Lending and Supply Chain Finance (SCF) technology product Solutions Company based in Mumbai.
