Skip to content
PALBON-SuitesComplete ERP Solution

Industry

Lending and financial services on your own books

PALBONLending takes each loan from application to closure on the same books as PALBONSphere. PALBONIbanking sends payments to the bank and brings the status back, PALBONPay collects online, and PALBONComply keeps GST and TDS in step.

Request a demo See how it works

Today

The challenge

The loan book lives in one system, bank payments are keyed into a portal, and compliance is checked at month-end. Reconciling the three takes longer than the lending itself.

With PALBON Suites

One connected flow

PALBONLending takes each loan from application to closure on the same books as PALBONSphere. PALBONIbanking sends payments to the bank and brings the status back, PALBONPay collects online, and PALBONComply keeps GST and TDS in step.

Step by step

How the work moves

Each step happens in the product made for it, on the same record as the step before.

  1. 1

    Verify

    Applicants complete an Aadhaar and PAN check through DigiLocker, requested from the record.

    PALBONEkyc
  2. 2

    Apply

    Applications are taken against loan products with their own limits and rates, then approved or rejected.

    PALBONLending
  3. 3

    Disburse and service

    Sanctioned loans are disbursed in full or in parts, and interest accrues on schedule.

    PALBONLending
  4. 4

    Pay

    Payment orders go to the bank through a connector, and the status comes back to the voucher.

    PALBONIbanking
  5. 5

    Collect

    Customers pay online through a gateway, and each result returns to its document.

    PALBONPay
  6. 6

    Comply

    GST returns, TDS reports and an audit trail come from the same ledger.

    PALBONComply

Capabilities

What it gives you

Loan products

Limits, interest rates, penalty rates and grace periods defined once per product.

Collateral in view

Pledged securities valued after the haircut, with shortfalls checked daily.

Overdue and restructuring

Days past due, classification, provisioning and restructuring with waivers.

Bank payments and statements

NEFT, RTGS and IMPS payments with their status fetched back, and statements pulled in to reconcile.

Identity and signatures

Aadhaar eSign and DigiLocker verification requests, each tracked in a log.

Compliance from the ledger

GST returns, registers, TDS reports and an audit trail built from posted documents.

Products

The products behind it

Complete on their own, connected here.

Core operations PALBONLending Loan Origination & Servicing Take a loan from application to closure on your own books
  • Loan products, applications, sanctions and disbursements
  • Repayment schedules, interest accruals and repayments
  • Security pledges, overdue classification and restructuring
Explore PALBONLending Core operations PALBONIbanking Banking & payments Pay suppliers from the books and watch the payment settle
  • Payment orders built from payment requests, payment entries or journal entries
  • Payments sent through a bank connector, with OTP for banks that ask for it
  • Payment status and bank balance fetched back into the books
Explore PALBONIbanking Commerce PALBONPay Online Payment Gateways Take online payments through the gateway your customers prefer
  • Eight gateways, set up from the desk
  • Hosted checkout with success, failure and cancel pages
  • Payment on web forms, with the amount taken from a field
Explore PALBONPay Core operations PALBONComply India GST & Tax Compliance Keep GST, e-invoices and e-waybills in step with your books
  • e-Invoice and e-Waybill generation from the document
  • GSTR-1, GSTR-3B and purchase reconciliation
  • GST registers, TDS reports and an audit trail
Explore PALBONComply Platform services PALBONEkyc Identity verification & e-signature Verify who they are and sign the document, from the record itself
  • Aadhaar eSign requests sent from the document
  • DigiLocker Aadhaar and PAN verification requests
  • Every request and every status change kept in a log
Explore PALBONEkyc Core operations PALBONSphere Operations & Supply Chain Run finance, stock and production from one ledger
  • Accounting, buying, selling and stock in one flow
  • Manufacturing with bills of materials and work orders
  • Projects, assets and multi-company books
Explore PALBONSphere

FAQ

Questions about this solution

Which kinds of loan can it hold?

Term loans and demand loans, secured or unsecured. Whether a product is a term loan is a setting on the loan product.

Which banks can payments go to?

That depends on the bank connector you set up, over API, in bulk or host-to-host. Your implementation partner can confirm your bank.

Is it ready for live lending?

PALBONLending is an optional application. Set it up on a test site first and have your finance team check your products, interest and postings before you lend for real.

Explore

More solutions

Industry Manufacturing Bills of materials, work orders, stock and costing in step with the books. Industry Distribution Orders, warehouses, carriers and payments on one trail. Industry Professional services Pipeline, projects, timesheets and invoices on one record. Industry Education Admissions, timetables, results, fees and online courses together. Industry Healthcare Appointments, encounters, laboratory, wards and billing in one flow. Industry Retail A storefront, the warehouse, payments and delivery on one record. Business process Lead to cash Leads, deals, quotations, orders, invoices and payments on one trail. Business process Procure to pay Requests, quotations, orders, receipts, invoices and payments without retyping.

See Financial services on your own data

Tell us how you work today. We will walk you through this solution with examples from your own processes.

Request a demo Explore products