👉 Link : https://cic.niti.gov.in/fintech-open-month-hackathon.html
Loan Disbusrsement Process is Hectic and involves lot of paper work. Loan as of now is mostly based on what we have and not on what we want to do.
- Business Location
- Sector Trend
- Payment Habits of People in Loacation
- Payment habit of Merchant Applicant to make Loan disbursement process Automatic, Easy and Swift.
- Reduce NPA% (Non-Performing Asset)
- Identify Lending Opportunities
- Faster & Better Trustful Lending Process
- Easy Loan Process
- Better Business Decision
The Project uses Open Data available (PhonePe Pulse Data, Data. gov, Wiki) and Setu AA to make above posible
- Setu AA notsending OTP, delayed response soemtimes made us anxious.
- Developing a sensitive metric for already old and established loan industry was itself challenging and new thing.
Made with ❤️ at Fintech Open Hackathon