AI-Powered MSME Onboarding and Credit Profiling

The onboarding process for Micro, Small, and Medium Enterprises (MSMEs) into the banking industry is highly manual, requiring days to complete due to extensive documentation. Additionally, many MSMEs operate in a personal capacity, which restricts their access to business-specific financial tools that could foster growth.

• Achieve seamless and digital onboarding for MSMEs with near real-time approvals using eKYB and document recognition. • Develop a transactional behavior engine for credit profiling and segmentation based on non-traditional data like e-wallet usage, QR payments, and e-commerce sales.

No specific tools or vendors. Onboarding of MSME clients is a manual process , and qualification of potential clients is done through manual data analytics.

No specific tools or vendors. Onboarding of MSME clients is a manual process , and qualification of potential clients is done through manual data analytics.

The SME Banking Team, by expanding the funnel for potential MSME leads and clients.

Transactional data is available in a structured format. However, historical onboarding documents are in an unstructured format.

The desired solution should be deployed on-premise, with the intellectual property ultimately belonging to the bank. The company is looking for a white-labeling or a SaaS model of engagement.