New Delhi, May 12 -- North Eastern Development Finance Corporation Ltd. (NEDFi) and Veefin Solutions Limited, Mumbai, have recently signed a comprehensive contract to implement a state-of-the-art digital lending ecosystem for NEDFi, which is designed to enhance credit access across the North Eastern Region of India.
Under the terms of this multi-year agreement, Veefin will deploy a complete suite of cloud-hosted solutions, including a Loan Origination System (LOS), Loan Management System (LMS), and Loan Collection System (LCS).
The digital transformation will also feature dedicated mobile applications for sales and collection, alongside a specialized customer portal to provide a seamless, end-to-end digital experience for borrowers. The s...