ENABLING YOU TO IDENTIFY & LEND TO CREDITWORTHY INDIVIDUALS AND SMALL BUSINESSES
Monsoon's machine learning powered technology enables lenders to:
- Discover nuanced repayment patterns from their existing loan books (retail & SME)
- Exploit these patterns to:
-Identify high risk applicants likely to be approved & reject them
-Identify low risk applicants likely to be rejected & lend to them
- Augment existing underwriting processes with signals from alternate data such as mobile records and social media exhaust
Lower Delinquency Rates
Our platform identifies & leverages subtle patterns in borrower & repayment data to cut delinquency rates by 20% to 40%
Increase Approval Rates
Our machine learning powered best-in-class models let you approve up to 25% more loan applications without compromising on asset quality
Lower Turn-around times
By automating credit decisions, pricing and risk management, our technology helps you cut turnaround times to a few seconds per application
Our proprietary machine learning powered loan underwriting platform is at the core of the following features:
ML-powered Application level Risk Scorecards
Actionable Portfolio level Analytics for a variety of loan portfolios
Risk-based Pricing of loans
Advanced risk models for handling NTC, NTB applicants
We also consider rule engine validation and bespoke offerings on a case by case basis.
Monsoon CreditTech's clients include some of India's largest private banks, NBFCs and Fintech companies in the credit-plus space. Our technology is used across different loan products ranging from Consumer Durable loans, Personal loans, Four-Wheeler loans, Home loans and Credit lines in the retails space to working capital loans and term loans in the MSME space.
Using Alternate Data for Loan underwriting for a leading NBFC
Monsoon's machine learning powered alternate data insights led to a 300% profit boost for the client's Credit Line loan Portfolio
Reduction in Onboarding time for a Bangalore-based marketplace
Our actionable analytics resulted in 20% reduction in customer onboarding by analyzing the most important data points using our advanced machine learning solutions.
We are here to make Lending easier for you.
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