Group Loan (JLG/SHG) Tracking
Track individual borrowers within Joint Liability Groups and Self Help Groups. Mark group-level and individual-level collections from the field agent app.
QUICK ANSWERFastFee is purpose-built microfinance software for Indian MFIs and microfinance institutions. It handles group loan tracking (JLG/SHG), weekly and monthly EMI collection via WhatsApp reminders and UPI AutoPay, field agent route management with GPS verification, and daily collection reconciliation. MFIs processing 500–50,000 loan accounts use FastFee to reduce manual calling by 60–70%.
FASTFEE FOR MFIs
Microfinance Software India — JLG, SHG & EMI Collection
FastFee is purpose-built microfinance software for Indian MFIs. Automate weekly EMI reminders, track JLG/SHG group loans, manage field agents and reconcile daily collections — all from one platform.
JLG / SHG group loans
Weekly EMI schedules
Offline field agent app
WhatsApp reminders
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Share your MFI's loan book size and collection workflow. We'll show how FastFee maps to your JLG/SHG and field collection process.
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MICROFINANCE COLLECTION FEATURES
Everything an Indian MFI needs to automate collection
Weekly EMI Collection Support
Set weekly, bi-weekly or monthly EMI schedules. WhatsApp reminders fire 1 day before each due date with a direct UPI payment link.
Field Agent Route App
Agents get a prioritised daily visit list with GPS navigation to each borrower's address. Log collection outcomes, PTP dates and GPS check-ins from the phone.
Offline Mode
Record collections without mobile internet. Data syncs when connectivity returns — critical for rural MFI operations in low-network areas.
UPI AutoPay for Digital MFIs
Enable UPI AutoPay mandates for borrowers with GPay or PhonePe — EMIs auto-debit on due dates with zero manual follow-up.
Daily Collection Reconciliation
All field cash collections, UPI payments and bank transfers reconcile to borrower accounts automatically. Daily MIS report available before 9am.
Defaulter & DPD Tracking
Real-time delinquency dashboard sorted by Days Past Due (DPD) bucket. Track NPA accounts, flag broken PTPs and escalate to supervisors automatically.
Portfolio MIS Reports
Loan-book health reports: collection rate, DPD bucket breakdown, agent-wise performance, and branch-level portfolio quality — all exportable.
Frequently Asked Questions
What is the best microfinance software in India?
FastFee is purpose-built microfinance software for Indian MFIs and microfinance institutions. It handles group loan tracking (JLG/SHG), weekly and monthly EMI collection via WhatsApp reminders and UPI AutoPay, field agent route management with GPS verification, and daily collection reconciliation. MFIs processing 500–50,000 loan accounts use FastFee to reduce manual calling by 60–70%.
Does FastFee support group loan (JLG/SHG) collection for MFIs?
Yes. FastFee tracks individual borrower accounts within JLG (Joint Liability Group) and SHG (Self Help Group) loan structures. The field agent app shows group-level collection — one tap to mark all members paid or flag defaulters within the group. Group leaders get WhatsApp reminders before the weekly or fortnightly collection date.
How does FastFee help MFIs with weekly EMI collection?
FastFee supports weekly and bi-weekly EMI schedules common in microfinance. Automated WhatsApp reminders go out 1 day before the weekly due date. Field agents get a route list for collection visits with borrower details, outstanding balance and group status. Cash collections are logged digitally and reconciled daily — eliminating the paper-based collection sheet.
What is the cost of microfinance software in India?
FastFee microfinance software starts at ₹999/month for small MFIs with up to 500 borrower accounts. Enterprise plans for large MFIs with 10,000+ accounts are available on request. A 14-day free trial is available with no credit card required.
Automate Your MFI's EMI Collection
JLG/SHG tracking, weekly EMIs, field agent app, WhatsApp reminders — purpose-built for Indian microfinance.
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