Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

The software operates in a cloud environment while functioning as a desktop application, allowing you to effortlessly manage your Sacco, regardless of the geographical locations of your offices. You have the flexibility to create an infinite range of share products, such as ordinary and special shares, each with distinct face values and current prices tailored for your members. Moreover, our Sacco management software enables you to establish limitless savings products, allowing you to customize them based on the specific needs of your Sacco's portfolio. Additionally, you can configure parameters like dormancy periods, interest rates, minimum withdrawal limits, and maximum withdrawal amounts for each product. Furthermore, you can create as many loan products as needed, offering various instances of loans with different repayment periods, interest calculation methods (such as flat or reducing balance), interest rates, and defined minimum and maximum loan amounts. This comprehensive functionality empowers you to fully optimize the financial offerings of your Sacco.

Description

Loanbaba is a digital lending platform based in India that provides rapid personal loans, with approval and funds disbursed in as little as 15 minutes. The entire application procedure is conducted online and is paperless, featuring RBI-approved video KYC for verifying customer identities. Borrowers have the option to choose repayment periods ranging from 3 to 18 months, with interest rates beginning at 18% annually. To facilitate these loans, Loanbaba partners with Non-Banking Financial Companies (NBFCs) that are registered and regulated by the RBI, eliminating the need for collateral. The service also includes a mobile app designed for Android users, allowing them to apply for loans, monitor their application status, and manage their repayments with ease. To qualify, applicants must be salaried individuals aged at least 23 and earn a minimum net monthly income of ₹25,000. Furthermore, Loanbaba places a strong emphasis on user data security, employing encrypted connections to protect sensitive information. This commitment to security and user-friendly services makes Loanbaba a notable choice for individuals seeking quick financial assistance.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

$50 per month
$3,399 setup cost
Free Trial No 
Free Version Yes 

Pricing Details

Free
Free Trial No 
Free Version Yes 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App Yes 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person Yes 

Vendor Details

Company Name

Franktek Microsystems

Country

Kenya

Website

www.franktekmicrosystems.com

Vendor Details

Company Name

Loanbaba

Founded

2015

Country

India

Website

www.loanbaba.com

Product Features

Banking

ATM Management No 
Compliance Tracking Yes 
Corporate Banking Yes 
Credit Card Management No 
Credit Union No 
Investment Banking No 
Multi-Branch No 
Online Banking No 
Private Banking No 
Retail Banking No 
Risk Management No 
Securities Management No 
Transaction Monitoring No 

Product Features

Alternatives

iOSoft e-Sacco Reviews

iOSoft e-Sacco

iOSoft Solutions

Alternatives

Savings Plus Reviews

Savings Plus

Future Link Technologies
MOBIS Reviews

MOBIS

Ensibuuko Technologies