IDBI Bank launched fully digitised Loan Processing System for MSMEs

IDBI Bank launched fully digitised Loan Processing System for MSMEs
IDBI Bank

New Delhi: Industrial Development Bank of India (IDBI Bank) on Wednesday announced the launch of a fully digitised, end-to-end Loan Processing System for its MSME and agriculture products.


IDBI mentioned in its statetment that this loan processing system seamlessly integrates with data fintechs, bureau validations, document storage/retrieval, account opening/management, customer notifications, and portfolio management capabilities along with embodied policy/knock-off parameters.

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