Personal Loans
Consumer credit infrastructure for instant, fully digital personal loans — from application to disbursement in minutes.
A frictionless borrowing journey
Every step of the personal loan journey is automated for speed and compliance.
Onboarding — Simple mobile-first application experience with minimal fields.
KYC — Instant identity verification with Scofit Verify in under a minute.
Credit Check — Real-time credit scores and reports via Credit Intelligence.
Underwrite — Automated decisions through Scofit Underwrite's rule engine.
eSign — Digital agreement execution with Scofit Execute.
eNACH — Mandate registration for scheduled EMI collection.
Disburse — Automated disbursement the moment execution completes.
Collect — Automated collections with Scofit Collect.
Speed without sacrificing risk control
Personal loan customers expect decisions in minutes, not days. Delivering that speed requires every step — identity, credit, and underwriting — to run automatically.
Scofit's stack makes this possible. Scofit Verify authenticates the borrower instantly, Credit Intelligence pulls bureau data in real time, and Underwrite applies your policy without human delay.
Automation does not mean compromising on risk. Every signal is still evaluated under your configured rules, and fraud detection runs across the journey.
The result is a personal loan experience that converts more applicants, approves faster, and keeps your portfolio protected.
Plot No. 260, Scheme No. 54, PU4, Behind Malhar Mall, Indore, Madhya Pradesh 452001