Loan management software help automate the entire loan lifecycle. Depending on requirements, these programs can assist in part or whole. The software can help with processing customer information, create new loans, and more. They can also provide lenders with accurate statements and reports.
In many companies, there is a provision to provide loan to their employees when needed in emergency. So to manage all the loan amounts, like to whom how much amount is sanctioned; who needs to deposit how much; when is the EMI date; all these records are maintained at single platform of Qrologic. This module also calculates the EMI as per the granted loan amount.