Loan management software for NBFCs & digital lenders
Term lending on a deterministic engine with a real audit trail. The parts an NBFC needs for servicing are solid; the parts it needs for retail collections are scoped builds.
GoDravix handles the servicing half of NBFC lending well: sanction through closure, multi-tranche disbursement, simple and compound interest with a separate penal rate, waterfall allocation, waivers, certificates and a complete running ledger with an append-only audit trail.
It does not handle origination, credit bureau integration, DPD bucketing, mandate-based collection or a borrower app. For many NBFCs that is a dealbreaker, and it is better established now.
What works today
- Term loan servicing end to end
Sanction, maker–checker approval, disbursement, accrual, repayment allocation, waiver, closure.
- Multi-tranche disbursement
Typed, dated and referenced tranches with interest accruing from each release date.
- Penal interest held separately
A distinct penal rate that never merges into normal interest anywhere in the ledger.
- Deterministic waterfall
Penal, then interest, then principal, applied identically to every repayment and re-derivable at any time.
- Approval separation
Creation, approval and disbursement sit with three different roles, enforced by the workflow.
- Portfolio reporting
Outstanding, Repayment, Scheme-wise, Entity-wise and Overdue reports with Excel and PDF export.
- Audit trail an inspector can read
Append-only, attributed, filterable, including interest runs and certificate issuance.
Outside scope for this sector
- Loan origination and credit decisioningGoDravix starts at sanction. No application capture, no underwriting, no credit bureau pull, no scorecard.
- DPD buckets and collectionsAn overdue report exists. Ageing bands, promise-to-pay, agent allocation and a collections dashboard do not.
- NACH, UPI and payment gatewaysNo mandate presentation, no automated collection, no gateway integration, no bank statement import.
- Working capital and overdraftNo daily-balance accrual product. The engine is built for term-style lending.
- Borrower transactionsThe borrower portal is read-only. Borrowers see their position but cannot pay, upload or raise a request from it.
- Co-lending splitsNo facility to split a loan's economics across co-lending partners.
Some of it is built into an engagement, some is genuinely out of scope, and some is development we can quote against your requirement. Which one it is depends on your workflow, and that is a fifteen-minute conversation rather than a guess.
Workflows this sector actually runs
Servicing a term book with mixed rates
Interest method and rate live on the scheme rather than being typed per loan, so a rate change propagates rather than requiring two hundred edits. Penal rate is configured alongside and tracked separately throughout the ledger.
Handling a late-recorded repayment correctly
Record the repayment at its true date, then recompute interest from that point forward. One caveat we state everywhere: do it one repayment at a time. The engine is currently order-sensitive and batch entry before recompute can produce wrong figures. The fix is scheduled.
Proving an allocation to an inspector
Every repayment shows its split across penal, interest and principal, and the allocation can be re-derived from the amount and the balances at that moment. Nothing depends on what an operator selected in a dropdown two years ago.
Restructuring without losing the history
Relief is recorded as a waiver event with its approving authority, order reference and explicit component split. The original entries stay visible. There is no dedicated restructure workflow with its own approval path, that is a gap.
For this sector
GoDravix is a loan management system: it starts at sanction. Application capture, underwriting, bureau checks and scorecards belong to an origination system, which you would keep or buy alongside it.
The handover between the two is a file today rather than an API call, so joining them cleanly would be a development piece worth scoping up front.
The interest engine computes simple and monthly-compound interest on term-style loans. Overdraft and cash credit need daily-balance accrual, which is a different engine behaviour rather than a setting, and it sits on the roadmap.
If a meaningful share of your book is working capital, GoDravix is the wrong platform today and we would say so on the first call.
What exists is an overdue report that identifies accounts behind on repayment and exports to Excel and PDF. Ageing bands, promise-to-pay capture, agent allocation, a collections dashboard and automated reminders are roadmap.
For an NBFC running a collections floor that is a substantial gap, and one of the clearest reasons to look at an established platform instead.
GoDravix runs as a self-contained system today. Data comes in through the interface and through files, and leaves as Excel or PDF. Everything the ledger needs is inside it.
Connections outward (NACH and UPI, bank statement import, Tally, Zoho or SAP, e-sign, DigiLocker and KYC, messaging, and a REST API) are the integrations roadmap. That is the widest gap between GoDravix and an established NBFC platform, so weigh it early. Where one specific connector is what stands between you and a decision, we can scope and quote it.
Honestly, many should not, if you need breadth, integrations and certifications today, the incumbents have them and we do not. The case for GoDravix is narrower: a lender whose workflows are institutional rather than retail, who values a deterministic engine and a genuinely append-only audit trail, who is underserved by retail-shaped platforms, and who would rather work with a team that publishes its defects than one that discovers them in month six.
See it on a book like yours
We demo the live production deployment. Bring the workflow you think will break it.
45 minutes | On the live deployment | A straight answer on fit