Automated Vehicle Registration Certificate Verification for One of the Leading NBFCs

Challenges

Millions of customers across the country need vehicle loan. The client has to do hypothecation before disbursing the loan to the customers. Vehicle details are required before loan processing. The data of vehicles had to be manually fetched from government website and application which was a time consuming process as important details were required to process loans which also increased the risk of errors. It reduced the overall productivity of the employees and increased cost.

The client wanted to automate the process of collecting data and registration of the vehicles to increase overall efficiency.