Banking Software Service

Listing ID #5338875

Swaliya Softech software provides a disciplined framework that provides consistent & accurate results of maturity amounts and the commissions. Software allows you to focus your time and energy on results to make better business decision and also provides you all the necessary information on a timely basis. The software has been designed from scratch to cover, the entire working of a Company / Firm involved in NBFC & related Business. Software is a great compliment to any Non-Banking Financial Organization. It is a highly user-friendly solution that assists banking and finance companies in introducing new product offerings and services. Software covers the entire life cycle of all the transaction right from Deposits Management to Accounting. Solution gives you standardized reporting format, all the necessary transaction statements, high quality features and with all the technical support required.
NBFC Stands for Non-Banking Financial Company. Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 of India, engaged in the business of loans and advances, purchase of shares / stock / bonds / debentures / securities issued by Government or local authority or other securities of like marketable nature, leasing, hire-purchase, insurance business, and chit-fund business. A non-banking institution is a company which has its principal business of receiving deposits under any scheme or arrangement or any other manner. Non-banking financial companies orNBFCs, are financial institutions that provide banking services, but do not hold a banking license. These institutions are not allowed to take deposits from the public. Nonetheless, all operations of these institutions are still covered under banking regulations.