Solve Your Loan Management Challenges – Reduce Delays, Prevent Errors, and Ensure Compliance with Our Integrated Solution. Effortlessly manage all your loans in one place- Shivit
In today’s fast-paced financial world, small businesses, microfinance institutions, and credit unions face mounting challenges in managing loans, from delayed settlements and incomplete closures to compliance risks and inefficient vendor oversight. Traditional systems fall short, leading to errors and operational inefficiencies. Shivit’s Loan Management Software is a robust, cloud-based solution tailored to simplify and automate every stage of the loan lifecycle—from origination to settlement and NDC issuance.
It includes powerful tools like the Settlement Tool for installment-based repayments, the NDC Tool for final closures with NOC certificates, and DNC Management to ensure communication compliance. Businesses can manage and approve vendors and agents through the Vendor and Agent Management modules, while the Agreement Master and Invoice Tracking features allow for real-time monitoring of agency contracts and payment statuses. Bulk data upload capabilities streamline master data entry for accounts, customers, and collections, and the Portfolio and Allocation Masters help manage purchased loan accounts efficiently.
Features like Show Cause Notice Management, Regulatory Penalty Tracking, and Custom Email Template Management ensure full regulatory compliance and improved accountability. With advanced reporting tools—including Settlement Reports, Closure Reports, and Agency History Reports—Shivit empowers your team to make informed decisions and stay audit-ready. Trusted by financial institutions worldwide, Shivit’s secure, scalable platform helps you boost productivity, reduce risks, and grow confidently in a competitive market.