Why SOL
Sol Banking system is your partner in Microfinance banking for the following reasons:
Robust platform that provides all your microfinance banking needs plus more.
The only IT solution you will ever need as your small microfinance bank grows into a full- fledged multi branch banking operation.
We provide assistance in data migration from your legacy systems to our platform at no extra cost.
A tried and tested system currently in use by large banks in India, Bangladesh, Malaysia, Vanuatu, Belgium and Russia.
The SOL Core Banking platform is ISO 9001:2015 Certified for compliance with quality management system.
The system is highly scalable and seamlessly accommodates your business growth.
Our focus is in providing your Microfinance business with all the features of big brand banking applications at minimal price without compromising in quality or standard.
Our main objective is providing you with a system that manages core banking operations while at the same time is flexible enough to accommodate your special needs
The focus of our implementation is such that integration with any 3rd party system is speedily and cheaply achievable.
Even the basic version of the SOL system comes standard with complete KYC module - (Know your customer)
The need of the hour for banks is to strongly manage delinquency module which is quite capably handled in the SOL Banking System.
Product Certification
The SOL Core Banking platform is ISO 9001:2015 Certified for compliance with quality management system.
Mouse hover to zoom the Certificate
Current Features
- Internet Banking.
- Mobile Banking App.
- Customer Portal.
- SOL OTP Token.
- Wallet Solutions.
- Financial Switch.
- Tablet application for Door step service.
- Branches small / medium / large.
- Relation Management - CRM.
- KYC / Registration / Account Opening.
- Investor Management.
- Term Investment Management.
- Periodical Dividend Process.
- Fixed Deposit (FD) Management.
- Retail Lending (disbursement & collection).
- MSME Lending (disbursement & collection).
- Microfinance (disbursement & collection).
- Credit Bureau Integration.
- Micro Deposits.
- Retail Deposits.
- Multi Currency.
- Corporate Accounts.
- Email Money.
- MSME Deposits.
- Credit & Debit Cards Management.
- Treasury Management.
- Reconciliation.
- Borrowings Management.
- Document Management System.
- Cards Production & Management.
- e-KYC (Know your customer).
- Biometric Integration with KYC.
- Fraud Management.
- Data Warehousing.
- Breakdown of Delinquency Severity.
- Day wise risk monitor.
- Tracking.
- Follow-Up.
- Reports.
- OTP Management (RSA Device / Mobile SMS).
- 3 layer security in database.
- OTP Generation the App.
- All key datas are encrypted.
- SMS.
- Email alert.
- Mobile Push Notification.
Integration Support
- ATMs & Kiosks.
- Financial Switch.
- Realtime synchronization all branches.
- Interfaces for NEFT.
- RTGS, Payment Gateway.
- Rupay.
- Swift.
- IMPS.
- CCIL.
- CTS.
- Market Feeds.
- Central Bank Clearing house API integration.
- CIBIL check API Integration.
Upcoming Features
- Credit Scoring System.
- Call Centre Software.
- Mobile Banking (Spanish Version).
- Customer Portal (Spanish Version).
- Branches small / medium / large (Spanish Version).
- Tablet application for Business Correspondent.
- Tablet application for Micro POS.
- Asset Liability Management.
- Anti Money Laundering software.
- Human Resource Module.
- Insurance Module.