EMI (Equated Monthly Installments) for home appliances is a financing option that allows customers to purchase appliances like refrigerators, washing machines, televisions, and other household items by paying in installments over a specified period. EMI risk management software plays a crucial role in helping lenders proactively identify and address potential risks associated with loan repayment defaults, thereby safeguarding the financial health of the institution and enhancing overall portfolio performance.
FDL Ace offers a comprehensive suite of features tailored for growth loan businesses, particularly for mobile products. It simplifies various aspects of managing such businesses: The platform allows financers to enroll customer phones for sending due EMI reminders, ensuring timely payments and reducing the risk of defaults. Additionally, it assists in efficiently managing the EMI ledger, enabling financers to keep track of payments, outstanding amounts, and loan statuses. With FDL Ace, financers can securely save customer documents on the cloud, ensuring easy access while maintaining data security. It also facilitates the management of loan agreements, making it easier to create, track, and update agreements as needed. Moreover, the platform supports customer acquisition by helping to find potential customers through lead generation, marketing support, and customer acquisition tools.
Financer Can Reduce EMI Paymnets Default Risk By FDL Rapid Finance Mobile Locker with Zero Touch Enrollment.
The device will be auto enroll after a hard reset or flashing.
Remotely execute lock/unlock action to finance devices.
Finacer can manually/automatically send customized reminders to customer devices.
Finacer can store customer documents on the cloud
Any mobile device financer hassle-free runs self-finance businesses using FDL Rapid Mobile Mobile Locker.
FDL Ace is an auto-enrollment technique after a hard reset and if the device bypasses FRF after that the device auto reset after every 2 hours.
You have to download FDL Rapid android application from the google play store and create an account with your business details.
FDL ACE help mobile financers secure finance mobile EMI payments. FDL ACE provides 100% security with auto-enroll features after a hard reset and FDL PRO provides mannually enrollment features after hard reset.
