COGZEN

Product

Finserve VFS

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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.

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