Best Small Ticket Loan Software Solution

Small Ticket Loan Software

Roopya is the best small ticket lending software, which is a specialized lending platform designed to manage and automate the process of issuing and servicing loans with relatively low principal amounts. Unlike generic loan management systems, small ticket loan software is tailored to handle high volumes of transactions with rapid processing times and minimal manual intervention, reflecting the typically higher transaction frequency and lower individual loan values. Key features for a small ticket loan software include advanced credit scoring models that can quickly evaluate borrower risk using alternative data points (e.g., utility payments, transaction history) to accommodate borrowers with thinner credit files. Additionally, it should offer automated underwriting and decision-making processes to enable instant loan approvals, a streamlined application process that requires minimal input from the borrower, and efficient loan servicing modules that support flexible repayment structures. Integration with payment gateways and mobile wallet services for easy disbursements and repayments, as well as robust fraud detection and risk management tools, are also essential to accommodate the unique requirements of small ticket lending, ensuring profitability and operational efficiency.

Speed & Efficiency
Features of Roopya Small Ticket Lending Software
Small Ticket Lending Software
Data Privacy
Straight Through Processing (STP)
Regulatory Compliance

Features of Roopya Small Ticket Lending Software

Roopya Small Ticket Loan Software has the following features:

Feature Category Key Features Description Regulatory Compliance Considerations
  • Streamlines applications via digital channels.
  • Gathers borrower data from multiple sources for a comprehensive profile.
  • Offers flexibility to create and manage loan products tailored to specific market segments.

Ensures adherence to KYC, AML, and fair lending laws.

  • Advanced Credit Scoring
  • Automated Decision Engines
  • Dynamic Risk-Based Pricing
  • Employs sophisticated algorithms for accurate risk assessment.
  • Facilitates instant loan decisions through automation.
  • Adjusts loan terms and rates based on the borrower's risk profile.

Complies with underwriting standards and regulations on interest rates and fees.

  • Real-Time Reporting
  • Predictive Analytics
  • Portfolio Management Tools
  • Offers insights into operational metrics and trends.
  • Uses data analytics to predict future loan performance and borrower behaviour
  • Provides comprehensive tools for managing and optimizing the loan portfolio.

Supports risk management requirements and reporting obligations.

Speed & Efficiency
  • Straight Through Processing (STP)
  • Integration with Payment Systems
  • Mobile and Online Application Processing
  • Enables end-to-end loan processing without manual intervention.
  • Facilitates quick disbursements and repayments through direct integrations.
  • Allows borrowers to apply and manage loans via mobile and online platforms.


  • Automated Data Verification
  • Error Detection Algorithms
  • Automatically verifies borrower information against external databases.
  • Identifies and flags discrepancies or anomalies in application data.

Enhances accuracy of reporting and compliance with data reporting standards.

Data Privacy
  • Encryption Technologies
  • Data Anonymization Techniques
  • Access Control Systems
  • Protects sensitive borrower information through advanced encryption.
  • Uses data anonymization to safeguard personal information in analytics.
  • Regulates access to sensitive data based on user roles and permissions.

Adheres to data protection regulations such as GDPR or CCPA.

Straight Through Processing (STP)
  • Minimizes manual handling through automation in underwriting and servicing.
  • Uses API integrations to automatically retrieve and verify data from external sources.

Ensures efficient processing within the regulatory framework for lending.

Regulatory Compliance
  • Compliance Monitoring Tools
  • Regulatory Reporting Features
  • Audit Trails
  • Continuously monitors transactions for compliance with lending laws.
  • Automates the generation and submission of reports to regulatory bodies.
  • Maintains detailed logs of all system and user activities for audit purposes.

Facilitates adherence to all relevant financial regulations, including reporting and operational standards.

Implementing Roopya Small Ticket Loan Software

Roopya Small Ticket Loan Software ensures the following:

1. Define Product Parameters and Risk Appetite: Clearly define the small ticket loan products, including loan amounts, terms, and interest rates. Establishing Risk Appetite statement including the bank’s tolerance for risk, specifying acceptable default rates and target market segments.

2. Develop a Digital Loan Journey and Application Process: Roopya provides a user-friendly online customer loan journey that can be accessed via mobile or web. Automated Data Capture is Implemented for OCR (Optical Character Recognition). Other data capture technologies automatically extract information from uploaded documents.

3. Integrate with External Data Sources

  • Roopya Data Partnerships: Leverage Roopya’s data partnerships with credit bureaus, banks, and alternative data sources (e.g., utility companies, e-commerce platforms) for real-time data access.
  • API Integration: Develop API integrations with these data sources to pull relevant borrower information during the application process.

4. Implement Advanced Credit Scoring Models

  • Machine Learning Algorithms: Roopya utilizes machine learning models that incorporate traditional and alternative data points to assess borrower creditworthiness more accurately.
  • Continuous Learning: Ensure the model is capable of continuous learning, adjusting to new data and trends to improve accuracy over time.

5. Roopya Automates Decision Making with Pre-defined Criteria

  • Decision Engine: Build or integrate a decision engine that applies pre-defined underwriting criteria based on the risk appetite and credit models.
  • Instant Approval/Rejection: Configure the system to provide instant loan approval or rejection based on the decision engine's output.

6. Streamline Loan Disbursal

  • Payment Gateway Integration: Integrate with payment gateways and bank APIs to enable direct loan disbursal to the borrower’s bank account.
  • E-signature and Digital Contracts: Utilize digital contract signing and e-signature solutions to ensure legal documentation can be completed online.

7. Automate Loan Servicing and Repayment

  • Automated Notifications: Set up automated reminders for upcoming repayments.
  • Digital Repayment Solutions: Offer multiple digital repayment options, including bank transfers, mobile wallets, and online payments.

8. Monitor and Manage Loan Portfolio in Real-Time

  • Real-Time Analytics Dashboard: Develop a dashboard for monitoring loan portfolio performance, including default rates, repayment rates, and portfolio growth.
  • Dynamic Risk Management: Implement algorithms to dynamically adjust risk parameters and underwriting criteria based on real-time portfolio performance.

9. Ensure Regulatory Compliance and Data Security

  • Compliance Checks: Embed compliance checks throughout the loan process, from application to disbursal, including KYC, AML, and fair lending regulations.
  • Data Protection: Implement stringent data security measures, including encryption, data anonymization, and secure access controls.

10. Continuous Improvement and Optimization

  • Feedback Loop: Establish a feedback loop using borrower feedback, loan performance data, and market analysis to continuously refine the loan product, underwriting criteria, and customer experience.
  • A/B Testing: Regularly conduct A/B testing on different aspects of the loan process to optimize for speed, conversion rates, and loan performance.






Best In-class Featuresimg

  • Easily create customized forms and applications
  • Track and monitor loan applications
  • Verify identities and documents
  • Provide a self-service portal for customers on both web and mobile platforms
  • Pre-built reporting and MIS capabilities
  • Designed with security and data privacy as a top priority
  • Configurable workflows to accommodate multiparty products
  • Credit risk assessment and modeling
  • Financial insights for underwriting and decision-making
  • Process enforcement and audit trails
  • Fully customizable to meet your business needs