New Street News·

Instant KCC Loan – a stand out innovation

Instant KCC Loan – a stand out innovation

KCC is a government program developed by RBI to extend loans to small and marginal farmers – the product deployed here is for Federal Bank with New Street as the technology partner. With this use case enabled by MiFiX, the loan processing can be completed in less than 5 minutes instead of the weeks and months that it used to take earlier. The product  makes the KCC loan a reliable asset for banks that can be managed seamlessly and at reduced cost

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