FASTFEE LENDING · INDIA

Loan Collection Software for Lenders & NBFCs

FastFee brings borrower repayment tracking, WhatsApp and UPI AutoPay reminders, field collection, overdue recovery, promise-to-pay and reconciliation into one collection workflow — so your team recovers more with fewer manual calls.

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What is loan collection software?

Loan collection software helps a lender track every borrower’s repayment schedule, send automated reminders, collect installments online and in the field, work overdue accounts through a prioritised recovery queue, record promises to pay, issue receipts and reconcile every payment to the correct account. FastFee is loan collection software built for Indian lenders and NBFCs — it handles the collection and recovery workflow and runs alongside your existing loan management or core lending system.

What FastFee does for loan collection

Storing an EMI amount is not collection. Teams need to know what is due, who to remind, who promised to pay, what a field agent recovered today and whether the money received has been matched to the right borrower.

Repayment schedule tracking

Import or create EMI schedules per borrower and see what is due today, this week and overdue — without opening a spreadsheet.

WhatsApp & SMS reminders

Automated reminder sequences before the due date and structured follow-up after a missed installment, so agents stop dialing one number at a time.

UPI AutoPay & eNACH collection

Collect repeat installments through supported mandates and payment links, and let borrowers pay in one tap.

Field collection app

Assign overdue accounts to field agents, capture cash collections with a receipt, and track agent-wise recovery from one dashboard.

Overdue & promise-to-pay queue

Every missed installment stays in a prioritised recovery list with promise-to-pay dates and the last action taken.

Reconciliation & reports

Match UPI, bank transfer and cash collections to the right borrower account and review portfolio-level collected vs outstanding.

Who uses FastFee loan collection software

NBFCs & lending companies

Borrower-wise repayment tracking, overdue queues, agent allocation and collection MIS for a growing loan book.

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Microfinance & MFIs

Group and individual loan repayment, field-agent collection and rural follow-up workflows.

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Vehicle & consumer finance

Customer-wise vehicle and consumer-durable installment tracking with overdue recovery.

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Small & private lenders

A digital loan ledger with reminders and receipts, replacing a physical collection book.

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Retail finance & shop EMI

Recurring customer installment tracking, pending balances and receipts for retailers offering EMI.

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Enterprise & multi-branch lenders

Centralised collections across branches, teams and products with role-based access.

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A typical FastFee loan collection workflow

1

Set up the loan book

Import borrowers and repayment schedules, or add them as loans are disbursed. Each borrower gets a ledger with EMI amount, due dates and running balance.

2

Automate reminders

FastFee sends WhatsApp and SMS reminders ahead of the due date and follows up on missed installments, so the team starts the day with a short call list instead of the whole book.

3

Collect the payment

Borrowers pay via UPI, payment link, card or supported AutoPay/eNACH mandate. Cash collections are recorded by the field agent with a digital receipt.

4

Work the overdue queue

Missed installments move to a prioritised recovery list with promise-to-pay tracking, agent notes and escalation.

5

Reconcile & report

Every collection is matched to a borrower account. Owners see collected, pending and overdue across the portfolio, branch and agent.

Explore FastFee for lending

FastFee uses one collection and reconciliation engine across these lending workflows.

EMI collection appNBFC collection softwareDebt collection software IndiaAutomated loan recovery appField collection appMicrofinance collection softwareLoan collection CRMBorrower management softwareEnterprise loan collection softwareDaily collection appBest loan collection appUPI AutoPay for business

Loan collection software FAQ

What is loan collection software?+
Is FastFee a loan management system (LMS)?+
Can FastFee be used by NBFCs and microfinance institutions?+
Does FastFee support UPI AutoPay and eNACH for EMI collection?+
Does FastFee have a field collection app for agents?+
How is loan collection software priced?+
Can FastFee track partial payments and promises to pay?+

See FastFee on your own loan book

Tell us your portfolio size, product mix and how you collect today. We will show the relevant repayment, field collection and recovery workflow.

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