NBFC Collection Software India 2026
Post-disbursal collection layer for NBFCs: eNACH / UPI AutoPay, DPD escalation and field recovery.
FastFee automates NBFC EMI collection from D+0 failure detection through DPD 90+ field escalation. eNACH and UPI AutoPay mandate lifecycle, WhatsApp reminders, promise-to-pay tracking, field collection agent app and bank reconciliation — all in one platform. GST-compliant with SAC code 9971.
Why NBFCs Choose FastFee
The LMS records the loan. FastFee collects the repayments. These are different systems solving different problems — NBFCs need both.
LMS vs Collection Software — Know the difference
Your LMS (loan management system) records disbursals, calculates interest and generates repayment schedules. It does not collect money. FastFee is the collection layer that sits between your LMS and your borrowers — mandate setup, reminder automation, failure handling, DPD escalation and recovery. See the full LMS vs Collection Software comparison →
How NBFC Collection Works — Step by Step
1. Mandate Setup
Borrower registers eNACH or UPI AutoPay mandate at disbursement. FastFee handles registration with the NPCI/bank.
2. Auto-Debit on Due Date
Mandate triggered D-3 to D-1. D+0: FastFee detects success or failure and starts the appropriate response workflow.
3. DPD Escalation
Failed debits enter DPD tracking. WhatsApp + call reminders for DPD 1-30. Field dispatch for DPD 31+.
4. Reconcile & Report
All collections — mandate, UPI, cash — reconciled to loan accounts. Exportable DPD and collection efficiency reports.
FastFee vs Other NBFC Collection Software
| Feature | FastFee | Credgenics | Spocto | Perfios |
|---|---|---|---|---|
| Target segment | SMB / mid-NBFC | Large lenders | Mid / large | Analytics / AA |
| Starting Price | ₹999/mo | Enterprise quote | Enterprise quote | Enterprise quote |
| Setup Time | 5 min | Weeks | Weeks | Months |
| eNACH / UPI AutoPay | ✓ Full lifecycle | Partial | Partial | ✗ |
| Field Collection App | ✓ | ✓ | ✓ | ✗ |
| Free Trial | 14 days | Demo only | Demo only | Demo only |
* Competitor information from public sources as of September 2026. Verify current details on each vendor's website.
Frequently Asked Questions
What is NBFC collection software?
NBFC collection software automates post-disbursal EMI collection via eNACH / UPI AutoPay mandates, sends WhatsApp reminders, escalates by DPD bucket and routes field agents for physical recovery.
How much does NBFC collection software cost?
FastFee NBFC collection software starts at ₹999/month. Enterprise plans up to ₹9,999/month. Free 14-day trial included.
What is the SAC code for NBFC services?
The SAC code for NBFC loan services in India is 9971. FastFee auto-generates GST-compliant invoices.
How is FastFee different from Credgenics?
Credgenics targets large lenders with ML-driven collection strategy and enterprise contracts. FastFee focuses on small and mid-sized NBFCs and MFIs: accessible pricing starting at ₹999/month, eNACH / UPI AutoPay lifecycle, DPD escalation, field app and reconciliation — operational in minutes, not months.
Automate Your NBFC Collection Workflow
eNACH mandates, DPD escalation, field app and reconciliation — set up in minutes
✓ No credit card ✓ Setup in 5 min ✓ Cancel anytime