Mahindra Rural Housing Finance has gone live on FinnOne Neo; the next-generation digital lending solution from Nucleus Software, for their retail and mortgage lending operations. The implementation was completed in under a year with zero business disruptions. FinnOne Neo will digitally transform the lending landscape for Mahindra Rural Housing Finance with: Paperless operations from sourcing, loan disbursement to servicing.

Enhancing business agility and to enable sustainable growth. Robust and automated credit decisioning for intelligent risk management. FinnOne Neo, the comprehensive and composable digital lending platform will act as a supplement to Mahindra Rural Housing Finance's digital transformation agenda.

It will further aid in streamlining and automating the customer acquisition process, along with loan management & servicing, to deliver hyper-personalized and secure services to its end customers. The solution is easily scalable, can be quickly integrated with the financial ecosystem, allows seamless straight through processing and is innovation-led. This partnership will further help Mahindra Rural Housing Finance to gain optimized operational efficiencies and regulatory compliances aligned to the changing market dynamics, business needs and consumer demands.

With the successful and smooth go-live of the digital lending platform, all relevant loan applications are now processed through FinnOne NeoTM. The end-to-end loan lifecycle management system will assist Mahindra Rural Housing Finance achieve its vision of being the lender of choice in rural housing finance.