Finserve VFS

FinServeVFS is a basically design and development on Tally.ERP9/Prime for small and medium level enterprises who provide vehicle loan (Car Loan, Two Wheeler Loan, Three Wheeler loan, Heavy Vehicle Loan etc ) to their customers.

Advantage of FinServeVFS

Quick and comprehensive assessment of borrowers.
Auto interest calculation- Flat Rate/ Reducing Balance with Fixed EMI/IRR Calculation Method.
Generate loan disbursement automatically.
Penalty option is available on overdue days.
Simple and easy installment receipts. Easy steps to Re-arrange and Top Up on loan Foreclosure option is available for prior installment collection Insurance Management.
Many types of reports are available to find the borrower’s current outstandings, company portfolio, total disbursement, total recovery, risk percentage, CIBIL etc.