Nucleus Software bags Order from Dhanlaxmi Bank

Nucleus Software has won a major order from Dhanlaxmi Bank. Nucleus will implement its award-winning FinnOne suite of products across the Bank's 271 branches to power its retail lending business.

Muralidharan R, President, Information Technology & Operations, Dhanlaxmi Bank, said, "Retail lending will be the focus this year for the Bank and considering the high volume of loan transactions in retail assets business, the Bank required a robust end-to-end solution that facilitates quick turnaround time."
Niraj Vedwa, COO, Nucleus Software Exports Ltd., said, "Choosing a next-generation solution such as FinnOne will give Dhanlaxmi Bank the technological edge in offering world-class products and services to their customers. We are confident that this partnership will enhance the Bank's productivity and build up value-added solutions for their customers."

FinnOne will enable Dhanlaxmi Bank to efficiently manage all the stages of loan application process, right from defining products and entering applicant details to verifying, approving and disbursing loan, and from maintaining repayment details to loan closure. The core-lending platform will help the Bank to service its retail customers more efficiently and enhance productivity.

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