Bengaluru-based eSthenos Technologies Launches Multi-flow Single Platform for Loan Sourcing and Automated Underwriting Targeting Small Finance Banks (SFBs)

BENGALURU, September 7, 2018 /PRNewswire/ --

The journey of Small Finance Banks (SFB) began in India on the auspicious occasion of Baisakhi in 2016 with the launch of Capital Small Finance Bank of Jalandhar. It's been more than two and half years, since RBI has granted Small Finance Bank (SFB) licence to 10 Financial Institutions, with an idea of strengthening the financial inclusion space by providing basic banking and credit services with a differentiated banking model to the larger population.

Majority of SFBs were prominent microfinance players, having strong rural & semi urban presence. They are offering attractive interest rates on traditional savings & deposits in one hand while experimenting on the field to offer differentiated credit products at customer's doorstep. Technology can play a significant role in delivering such custom-made credit and savings products at a very low cost with significant decrease in the customers waiting period.

eSthenos Technologies has launched a digital platform targeted at SFBs to accelerate their growth. SFBs have to balance regulatory compliance while maintaining their high level of touchpoints that bigger banks traditionally don't have to. The platform enables field executives to spend less time on mundane tasks like data collection and spending time building relationships with prospective clients and understanding their needs. Using the highly scalable platform of eSthenos, the delivery model can be completely automated & paperless.

About eSthenos 

eSthenos is an award-winning, efficient & customer centric fintech platform trusted by well known financial institutions. We offer 'designed by users' CRM, Loan Origination System, Lead Management System, Underwriting Platform, Business Intelligence & Analytics Platform.

Currently eSthenos platform is being used by industry leaders in NBFC space. With more than 5,000 users across 1000+ locations, eSthenos helps their clients to process 400,000+ loan applications every month with more than 70,000 EMI collections every working day. eSthenos offer highly flexible and user-friendly products for complete banking needs. Dedicated banking platform helps clients to process applications for Housing, LAP, vehicle, personal & SME/MSME loans with greater control and bring smile to faces of rural & semi urban clients.

eSthenos is offering a range of products for group loans, individual loans, collections, lead management and analytics.

For more information, visit http://www.esthenos.com or email at [email protected]

Media Contact:
Madona Chowdhury
[email protected]
+91-8860400130
eSthenos Technologies Pvt Ltd