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Starts at
₹800/mo
Veefin
by Veefin Solutions · Mumbai, Maharashtra
Low-code digital lending platform with loan origination and loan management for banks and financial institutions.
- Starting price
- Price on request
- Enterprise contracts quoted after a demo
- Free trial / plan
- No free plan
- No trial offered on the website
- Deployment
- Cloud
- Web
- App Advisor rating
- 4.2
- transparency & India fit
What is Veefin?
Veefin Solutions is a BSE-listed banking software company with offices in Mumbai, Pune, Ahmedabad, Dhaka and Dubai. It is not a CRM for a small business. It sells to banks, NBFCs and development institutions, which run it as the platform for lending, transaction banking and national financing schemes. Veefin says more than 50 financial institutions use its software and that it has processed over USD 45 billion in disbursements across Asia, Africa and the Middle East.
The product range sits on one platform, Veefin 4.0. Digital Lending is split into Loan Origination, Loan Management and Loan Collections. Transaction Banking covers cash and liquidity, trade finance and supply chain finance. A financing infrastructure line includes PSB Xchange, a financing marketplace for public sector banks, plus a credit guarantee system. All of these share identity, approvals, audit, a workflow and rules engine, and one data layer, so a lender can start with one module and add others later without a rebuild.
Its strength is breadth for Indian lending. The loan management module handles e-Mandate, NACH and PDC collections, DPD tagging and NPA flagging, and the collections module builds the RBI code of conduct into telecalling and field workflows. Veefin quotes 8 to 12 weeks from contract to go-live for origination and claims ISO 27001 and SOC 2 Type II certification.
The weaknesses are what you would expect from enterprise core software. There is no public price, no trial and no self-serve signup, and contracts go through a sales-led demo. None of the product pages say whether deployment is cloud, on-premise or hybrid, and no independent user reviews were found on G2 or Capterra. Plan for a formal RFP, reference calls with existing banks and your own integration effort with your core banking system.
What works well
- +Origination, loan servicing and collections share one borrower record, so approved loans move into servicing automatically
- +Loan management supports bullet, balloon, step-up and step-down schedules, moratoriums, tranche disbursals and one-time settlements
- +Indian collection rails such as e-Mandate, NACH and PDC handling, including bounce management, are built in
- +The collections module enforces RBI code-of-conduct rules and records calls with AI-assisted quality scoring
- +Veefin quotes an 8 to 12 week timeline from contract to go-live for its loan origination system
- +Low-code configuration lets business users change credit policies, scorecards and workflows without developers
- +Transaction banking includes trade finance, supply chain finance and Islamic structures such as Murabaha
What to watch out for
- −No pricing is published anywhere on veefin.com, and every product page only offers a demo booking
- −Product pages do not state the deployment model, hosting region or data residency options
- −No independent ratings or reviews were found on G2, Capterra or app stores to check vendor claims
- −Built for regulated lenders, so it is far too heavy for a small business looking for a CRM
- −The headline figures (98% retention, 50+ institutions, USD 45B disbursed) are the vendor's own claims
Best suited for: Banks and NBFCs replacing a legacy loan origination or loan management system · Lenders running MSME, working capital, supply chain finance or vendor and dealer finance programmes · Institutions that need RBI-aligned collections across digital, telecalling, field and legal stages · Banks that want cash management, trade finance and lending on one vendor platform
Veefin at a glance
Analysing Veefin — pricing, features, reviews and alternatives…
Generated by App Advisor's native engine from this listing's verified data — not a paid placement.
Veefin features
Researched from Veefin's official product pages · updated October 2026.
Loan Origination
- Multi-channel lead capture with AI lead scoring and a partner portal
- Adaptive application forms with OCR document extraction
- Drag-and-drop credit policies, versioned scorecards and bureau data
- Visual workflow builder with approval hierarchies and deviation handling
- White-labelled borrower forms, portals and communications
Loan Management
- Fixed, floating and hybrid interest with custom overdue charges
- Moratoriums, part-payments, foreclosures and tranche disbursals
- Double-entry GL posting and loan loss provisioning
- e-Mandate, NACH and PDC collections with bounce management
- Automated DPD tagging, NPA flagging and asset classification
- End-of-day and beginning-of-day batch runs
Loan Collections
- Strategy builder with risk-based customer segmentation
- SMS, email and WhatsApp reminders plus self-cure portals
- Telecalling queues with promise-to-pay tracking
- Field agent visit assignment with mobile app and location
- Legal case, repossession and settlement workflows
Transaction Banking
- Payments, collections, sweeping, pooling and netting
- Virtual accounts with auto-reconciliation
- Letters of credit, guarantees and SBLCs
- Reverse factoring, dynamic discounting, vendor and dealer finance
- Murabaha and Tawarooq Islamic finance structures
Platform (Veefin 4.0)
- Common identity, entitlements, approvals and audit services
- Shared workflow and rules engine across products
- Single data layer for customers, limits and exposure
- Open APIs and connectors to core banking and bureaus
AI capabilities
- AI-based lead scoring in the origination module
- AI cash forecasting in cash and liquidity management
- AI financial-data spreading and fraud detection in supply chain finance onboarding
- AI-assisted call quality scoring in collections
Veefin pricing (INR)
SourceEvery edition as published by the vendor. Prices exclude GST unless stated. Full Veefin pricing breakdown
- • veefin.com does not publish plans or prices. Every product page leads to a Book a Demo form.
- • Products are modular on the Veefin 4.0 platform, so a quote depends on which modules (origination, servicing, collections, cash, trade, SCF) a lender licenses.
- • Implementation services listed on the loan management page include configuration, data migration, integration, user training and post-go-live support.
- • GST treatment is not mentioned on the website.
Buying for a team? App Advisor can get you a volume quote and any partner discount available.
Implementing Veefin
SourceWays to implement
- Vendor-led implementation covering configuration, migration, integration and training
8-12 weeks from contract to go-live (loan origination, per Veefin)
- 1System configuration of products and credit policies
- 2Data migration
- 3Integration with core banking and third-party systems
- 4User training
- 5Post-go-live support
Need a certified partner in India to set up Veefin?Implementation help
Integrations, security & India
Integrations
- Finacle
- ERPNext
- AWS
- Azure
- Atlassian
- MongoDB
- MySQL
- PostgreSQL
Security & compliance
- Encryption, role-based access with granular permissions and multi-factor authentication
- Audit logging across origination, servicing and collections
- Regular penetration testing, according to product pages
For Indian businesses
- Veefin Solutions Limited is listed on BSE, with Indian offices in Mumbai, Pune and Ahmedabad
- Runs PSB Xchange, a financing marketplace for India's public sector banks
- Loan management supports e-Mandate, NACH and PDC instruments used by Indian lenders
- Collections workflows enforce the RBI code of conduct for recovery communications
- Lending products include gold loans, loans against property and loans against mutual funds and fixed deposits
Support, resources & partner network
Support & learning
- 24/7 technical support, per the loan origination page
- Dedicated customer success manager
Trust, compliance & who uses Veefin
50+ financial institutions
Customers
Asia, Africa and the Middle East
Countries
Is Veefin the best choice for you?
Best choice if you are…
- Banks and NBFCs replacing a legacy loan origination or loan management system
- Lenders running MSME, working capital, supply chain finance or vendor and dealer finance programmes
- Institutions that need RBI-aligned collections across digital, telecalling, field and legal stages
- Banks that want cash management, trade finance and lending on one vendor platform
Look elsewhere if you are…
- Small businesses or sales teams that want a CRM; Zoho CRM or LeadSquared fit far better
- Buyers who need transparent pricing, a free trial or a self-serve signup
- Very small lenders without IT staff to manage core banking integration
Still comparing? Get an unbiased shortlist and demos arranged for free.
Sources (5) · updated October 2026
Specifications
- Category
- CRM software, Form builders & no-code apps, Insurance, lending & banking CRM
- Vendor
- Veefin Solutions
- Headquarters
- Mumbai, Maharashtra
- Founded
- Not published
- Pricing model
- Quote-based
- Starting price
- On request
- Deployment
- Cloud
- Platforms
- Web
- Best for
- Mid-market, Enterprise
- Made in India
- Yes
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Veefin — frequently asked questions
What does Veefin cost in India?+
Veefin does not publish prices. Its loan origination, loan management, collections and transaction banking products are sold as enterprise licences to banks and NBFCs, and every page on veefin.com leads to a demo booking. The final quote depends on which modules you license, your loan volumes and the implementation work. Ask for GST, annual maintenance and implementation fees to be shown as separate lines in the proposal.
Is Veefin a CRM for small businesses?+
No. Veefin is lending and transaction banking software for regulated financial institutions. Its origination module does include lead capture, lead scoring and a partner portal, but that serves loan acquisition inside a bank or NBFC. A trader, retailer or services firm looking for a sales CRM should look at tools such as Zoho CRM or LeadSquared instead of Veefin.
Does Veefin offer a free trial or free plan?+
Veefin does not offer a free plan, trial or self-serve signup. Like most core banking vendors, it runs a sales process that starts with a demo, then scoping and a commercial proposal. Lenders evaluating Veefin should request a sandbox or proof of concept on their own loan products as part of that process, and speak to existing bank clients for references.
How long does Veefin take to implement?+
Veefin states that its loan origination system typically goes live 8 to 12 weeks after the contract is signed. Implementation covers product configuration, data migration, core banking integration, user training and post-go-live support. Veefin also says staff can become proficient on the loan management module with about two hours of training. Larger multi-module rollouts will take longer than these figures.
Does Veefin support NACH and e-Mandate collections?+
Yes. Veefin's loan management system handles e-Mandate, NACH and post-dated cheque instruments, with bounce management, value-dated collections, reversals and waivers. It also tags days past due automatically and flags NPAs across all of a borrower's loans using a configurable asset classification matrix, which suits Indian NBFC and bank reporting needs.
Is Veefin's collections software RBI-compliant?+
Veefin says its loan collections module enforces RBI code-of-conduct rules during each customer interaction, with built-in guardrails for communications. It also records and scores calls with AI assistance, keeps tamper-proof audit trails and manages escalations. Lenders should still have their compliance team review the configured scripts and contact rules before go-live, since regulation responsibility stays with the lender.
Is data secure with Veefin?+
Veefin states that it holds ISO 27001 certification and SOC 2 Type II compliance. Its product pages describe encryption, role-based access with granular permissions, multi-factor authentication, audit logging and regular penetration testing. The website does not say where data is hosted or whether on-premise deployment is offered, so banks should confirm hosting and data localisation during evaluation.
Veefin vs Nucleus Software: which is better?+
Both are Indian lending software vendors selling to banks and NBFCs. Veefin's distinguishing point is one platform that also covers cash management, trade finance and supply chain finance alongside origination, servicing and collections. Neither publishes pricing. Compare them on your specific loan products, core banking integrations, reference customers of similar size and implementation timelines rather than on feature lists alone.
Which systems does Veefin integrate with?+
Veefin lists an open API architecture with more than 30 ready APIs on its loan management system, and connectors shown on product pages include Finacle, ERPNext, AWS, Azure, MongoDB, MySQL and PostgreSQL. Its origination, servicing and collections modules share one borrower record, so approved loans pass into servicing without re-entry. Integration with bureaus and payment gateways is also described.
Where is Veefin based?+
Veefin Solutions Limited is an Indian company listed on BSE, with offices in Mumbai, Pune and Ahmedabad, plus Dhaka and Dubai. It says more than 50 financial institutions across Asia, Africa and the Middle East use its software, and it built PSB Xchange, a financing marketplace for Indian public sector banks. Support is described as 24/7 with a dedicated customer success manager.
What is Veefin?+
Veefin is crm software by Veefin Solutions, an Indian company from Mumbai. Low-code digital lending platform with loan origination and loan management for banks and financial institutions.
How much does Veefin cost?+
Veefin is priced on request. Request a demo through App Advisor and we will ask the vendor for a written quote.
Does Veefin offer a free trial or free plan?+
Veefin does not advertise a free plan; ask the vendor for a trial or a guided demo.
Is Veefin made in India?+
Yes. Veefin is built by Veefin Solutions, headquartered in Mumbai, Maharashtra.
Who is Veefin best suited for?+
Veefin suits mid-market, enterprise buyers looking for crm software with form builders & no-code apps and insurance, lending & banking crm.
What are the best alternatives to Veefin?+
Popular alternatives in crm software include Zoho CRM, Freshsales, LeadSquared. Use App Advisor's compare tool to see them side by side.
How is Veefin deployed?+
Veefin is available as a cloud (SaaS) product, with web access.
Guides that mention Veefin
About Veefin Solutions
Veefin Solutions · Mumbai, Maharashtra · 1 product in our catalogue · Indian company
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