Digital Lending
Persistent’s digital lending accelerators simplify your lending journey with its pre-built components that unlock operational efficiency and drive market share within the financial services industry.
Client Success
One of the fastest growing banks with multiple lines of business in Retail & Commercial segments
From Days to Minutes
Significant reduction in turnaround time for loan approval process
16 Locations, 1 Solution
After phenomenal success with pilot location, the client rolled out Persistent’s Loan Origination Solution across all of their 16 locations
Cross-sell and Upsell
360° view of the customer allowed the bank to uncover new cross-sell and upsell opportunities
50% reduction in product launch timeline
The average product launch timeline reduced from 24 weeks to 12 weeks owing to the rapid deployment capability of the Persistent’s LOS
From Days to Minutes
Significant reduction in turnaround time for loan approval process
16 Locations, 1 Solution
After phenomenal success with pilot location, the client rolled out Persistent’s Loan Origination Solution across all of their 16 locations
Cross-sell and Upsell
360° view of the customer allowed the bank to uncover new cross-sell and upsell opportunities
50% reduction in product launch timeline
The average product launch timeline reduced from 24 weeks to 12 weeks owing to the rapid deployment capability of the Persistent’s LOS
Client Success
A new-age leading NBFC, providing groundbreaking financial products
- 60% increase in loan transaction during peak season
- 40+ loan products launched including home loans, consumer durables, professional loans, etc.
- 3 min turnaround time for consumer durable loan
- 3 click loan application process, redefining customer journey
- 60% increase in loan transaction during peak season
- 40+ loan products launched including home loans, consumer durables, professional loans, etc.
- 3 min turnaround time for consumer durable loan
- 3 click loan application process, redefining customer journey
Client Success
A FI focused on provisioning customer finance services and commercial lending
- 50% cost reduction once streamlined processes were in put place
- Scalable and future-ready with the ability to handle large transactions and launch new products
- Reduced turnaround time and greater operational efficiency for 5-minute loan approvals and 2-hour loan disbursal
- Improved user experience with lightning-compatible user interface
- 50% cost reduction once streamlined processes were in put place
- Scalable and future-ready with the ability to handle large transactions and launch new products
- Reduced turnaround time and greater operational efficiency for 5-minute loan approvals and 2-hour loan disbursal
- Improved user experience with lightning-compatible user interface
Business Benefits
Reduced turnaround time for loan origination, from days to minutes
Reduced operating expenses and total cost of ownership
Faster GTM with customizable loan products
Quicker borrower conversions resulting in business growth
Quick deployment leading to rapid scalability
Customer 360° view allows cross-sell/up-sell opportunities
Solution
Key Personas
Why Persistent?
Lending & Delivery Accelerators
Extensive Lending Experience
Domain & Platform Consulting
Proven LOS framework and SF Best Practices
Customer-Centric Approach
Robust Partner Ecosystem
Persistent’s Credentials
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