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HOW IIFL SAMASTA IS USING DIGITAL PAPERWORK TO INCREASE DAILY LOAN DISBURSALS BY 30%
The story of how and why IIFL Samasta decided to completely digitise their JLG Lending documentation with Leegality
“We can disburse more loans per branch centre per day. Thanks to this new digital paperwork process, our quantum of loans disbursed per branch has gone up by approximately 30% - from about 30-35 loans per day to 40-45 loans per day.”
-Shivaprakash D
Chief Technology Officer at IIFL Samasta
Quick look at our work with IIFL Samasta Finance Limited
Faster Execution
less than 30 minutes spent by branch on paperwork
Increased disbursals
30% more disbursals daily
Easy storage
Documents automatically store on Samasta’s LOS
Reduced Costs
No costs of printing, paper, courier, scanning and storing
Happier Customers
They spend less time at branch, access secure soft copies of documents
Read the detailed implementation story for FREE to find out
Mr. Shivaprakash D, Chief Technology Officer at IIFL Samasta spoke to us about-
Why loan kit paperwork is key to IIFL Samasta’s JLG loan disbursal journey
IIFL Samasta’s old physical process
Challenges posed by the old physical process by the organization and the stakeholders
IIFL Samasta’s new Leegality-powered JLG loan process is smooth and simple
The business and compliance benefits of the new digital flow
IIFL Samasta’s Implementation and Usage Experience with Leegality
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