Group
Microfinance: JLG and SHG
Group hierarchy, household exposure, centre meetings, qualifying-asset checks, field collections and PAR views.
Multi-product lending engine
Every loan shape. One controlled core.
Configure group, unsecured, secured, purpose-led and local finance products without rebuilding acquisition, accounting, collections or reporting around every launch.
TermsRate, tenure, fees and taxes
RepaymentFlat, reducing, bullet or custom
SecurityCollateral, guarantor and covenants
ChannelsDirect, branch, field and partner
Retail
Personal loans
Digital KYC, bureau and cash-flow assessment, instant policy checks, e-agreements and early-bucket collections.
Business
MSME and working capital
Business KYC, banking and tax data, turnover assessment, limits, guarantors and repayment monitoring.
Property
Loan against property
Legal, valuation and technical checklists, collateral coverage, tranches and document-custody controls.
Housing
Home and housing loans
Co-applicants, property stages, legal and technical reviews, progressive disbursement and long-tenure servicing.
Mobility
Vehicle and auto finance
Dealer sourcing, vehicle data, LTV, hypothecation, insurance, repossession and settlement workflows.
Collateral
Gold loans
Purity, weight, valuation, packet references, LTV monitoring, renewals, part-release and auction workflows.
Rural
Agriculture and rural finance
Seasonal schedules, activity and land records, field verification, groups and flexible collection cycles.
Purpose
Education and healthcare
Provider payments, co-borrowers, stages, moratoria, purpose verification and tailored repayment plans.
Point of sale
Consumer durable finance
Merchant-assisted onboarding, invoice data, subvention, mandates and compact repayment schedules.
Network
Supply-chain finance
Anchor, vendor and dealer structures, invoice drawdowns, limits, settlement and concentration monitoring.
Community
Local and community finance
Assisted applications, guarantors, local calendars, cash or digital receipts and multilingual communication.
Configuration dimensions
A product is more than an interest rate and tenure.
SquareNow product configuration links front-office eligibility and offers to the servicing and accounting behavior that follows disbursement.
- Eligibility
- Borrower, geography, income, business, exposure, bureau, risk and collateral conditions.
- Pricing
- Rate method, interest basis, fees, taxes, subvention, penalties, waivers and approval authority.
- Schedule
- Frequency, due-date logic, holidays, moratoria, tranches, grace, bullet and custom cash-flow structures.
- Accounting
- Accruals, allocation order, GL mapping, suspense, reversal, write-off and income-recognition rules.
- Collections
- DPD buckets, contact policy, promise-to-pay, field routing, settlement and recovery escalation.
Product FAQ
Questions from product and credit teams.
Can different products use different approval policies?
Yes. Policy, scorecards, authority, conditions and exception handling can be versioned by product, entity, channel and other controlled dimensions.
Can products have non-monthly schedules?
Configurations can cover weekly, fortnightly, monthly, seasonal, bullet, interest-only and custom structures, subject to implementation validation.
Can one customer hold multiple loan products?
Yes. Relationship and exposure views can connect multiple applications, loans, guarantees and collateral records while each account retains its own terms.