Core Financial Software Built for Non-Banking Institutions
FINNET is a comprehensive software platform for MFIs, credit unions, cooperatives, and NBFCs — managing the full financial lifecycle from member onboarding to loan disbursement, collections, and regulatory reporting.
What's Included
- Member Management
- Loan Management
- Deposit Schemes
- Repayment Tracking
- Collections
- KYC & Compliance
- GL Accounting
- Regulatory Reports
- Branch Management
- Audit Logs
FINNET is a specialised financial management platform engineered for non-banking financial institutions (NBFIs) including microfinance institutions, credit cooperatives, savings and credit societies, and non-banking finance companies. Unlike generic accounting software, FINNET is built around the specific workflows of NBFIs — managing member portfolios, loan products, deposit schemes, collection schedules, and regulatory compliance in a secure, auditable system.
What You Get
Member & Portfolio Management
Maintain comprehensive member profiles with KYC documents, credit history, account relationships, and portfolio performance — all in one searchable database.
Loan Product Management
Configure multiple loan products with custom interest rates, repayment schedules, moratorium periods, and penalty structures. Disburse, track, and close loans end-to-end.
Deposit & Savings Schemes
Manage fixed deposits, recurring deposits, and savings accounts with automated interest calculations, maturity alerts, and renewal workflows.
Repayment & Collections
Generate repayment schedules, track EMI collection, manage overdue accounts, and automate reminder notifications — reducing delinquency rates significantly.
KYC & Regulatory Compliance
Built-in KYC document management, AML checks, and compliance reporting tailored to NBFI regulatory requirements — reducing compliance risk.
General Ledger & Accounting
Integrated double-entry accounting with trial balance, P&L, balance sheet, and automatic journal generation from all loan and deposit transactions.
Multi-Branch Operations
Manage multiple branches with centralised member and loan data, branch-wise portfolio reports, and inter-branch transaction support.
Financial & Regulatory Reporting
Pre-built reports for portfolio at risk (PAR), collection efficiency, yield on portfolio, and regulatory submissions — reducing manual reporting effort.
How It Works
Regulatory Assessment
We assess your institution's regulatory requirements and configure FINNET to match your specific compliance and reporting obligations.
Product & Scheme Setup
All your loan products, deposit schemes, and interest rate structures are configured with precision during the setup phase.
Data Migration
Secure migration of existing member accounts, active loan portfolios, and historical transaction data — with full reconciliation.
Training & Audit
Comprehensive training for finance, operations, and compliance teams with a full system audit before go-live.
Frequently Asked Questions
Is FINNET suitable for a microfinance institution?
Yes. FINNET was specifically designed with microfinance workflows in mind — including group lending, joint liability groups, field collection, and portfolio at risk reporting.
Does it handle regulatory reporting?
Yes. FINNET includes pre-built regulatory report templates and the ability to configure custom reports for your specific jurisdiction's requirements.
Can it manage both loans and deposits?
Yes. FINNET manages the complete NBFI product range — from savings and fixed deposits to multiple loan product types — in a single integrated system.
How does it handle interest calculations?
FINNET supports flat rate, reducing balance, and effective rate interest calculations across different loan products, with automated accrual journal entries.
Is it cloud-based or on-premise?
FINNET is available both as a cloud-hosted SaaS and as an on-premise installation for institutions with specific data sovereignty requirements.
Ready to Modernise Your Financial Institution?
Schedule a detailed product walkthrough with our NBFI specialists.