Service every loan from one ledger — EMI schedules, overdue penalties, prepayments, and reversible payments, tracked to the paisa.
Everything you need to service loans cleanly
Lager Balance Ledger
Every payment auto-updates the Lager Balance on the loan. EMI Logs track opening stock, amount received, and narration for every transaction. The balance cascades down the EMI schedule and marks instalments PAID in sequence — no manual reconciliation needed.
Reducing Balance EMI Schedule
On loan approval, a full amortization schedule is auto-generated using the monthly reducing-balance method. Every EMI row shows principal component, interest component, cumulative amounts paid, and outstanding principal — all stored to the paisa.
Auto Penalty on Overdue EMIs
When an EMI crosses its due date unpaid, the system auto-marks it OVERDUE and calculates penalty at 2% per month. Late days are tracked per EMI and the penalty amount is shown separately in the schedule so borrowers see the exact amount owed.
Rescheduling with Fresh Amortization
The Rescheduling page accepts part payment, rebate, other charges, EMI due, accrued interest, new tenure and interest rate. Net principal is auto-calculated and a fresh amortization schedule is generated on screen before confirming — so teams see the new EMI before committing.
Principal Prepayment — Reduce Tenure or EMI
Record a principal prepayment and choose the outcome: Reduce Tenure (keep EMI the same, close loan earlier) or Reduce EMI (same tenure, lower monthly payment). The schedule is recalculated and saved instantly. Prepayment count is tracked on the loan's repayment analytics.
Payment Reversal & Balance Restore
Any recorded payment can be reversed: the original entry is marked REVERSED, a reversal payment is created with a negative amount, the outstanding balance is fully restored, and the EMI is reverted to pending. Full audit trail — the reversal reason is stored alongside both transactions.
Loan disbursed? Every rupee tracked after.
Complete loan servicing — EMI schedules, payments, PDC and NACH all in one place
Your Entire Loan Portfolio, Live and in Full Detail
The LMS Dashboard gives you an instant read on your entire loan book — total disbursed, outstanding balance, active loans, and monthly collections — with filters by loan type and status across your whole portfolio.
Got a Question?
Everything you need to know about the Fundflick Loan Management System.
On loan approval, a full amortization schedule is auto-generated using the monthly reducing-balance method. Each row shows the principal and interest components, cumulative amounts paid, and outstanding principal, stored to the paisa.
When an EMI crosses its due date unpaid, the system auto-marks it overdue and calculates a penalty at 2% per month. Late days and the penalty amount are tracked per EMI and shown separately in the schedule.
Rescheduling accepts part payment, rebate, other charges, EMI due, accrued interest, and a new tenure and interest rate. Net principal is auto-calculated and a fresh amortization schedule is generated on screen for review before you confirm.
Yes. You record the prepayment and choose to either reduce the tenure while keeping the EMI the same, or reduce the EMI while keeping the tenure. The schedule is recalculated and saved instantly.
Any payment can be reversed: the original entry is marked reversed, a negative reversal payment is created, the outstanding balance is restored, and the EMI reverts to pending. The reversal reason is stored alongside both transactions for a full audit trail.
Every payment auto-updates the running balance on the loan, and EMI logs record the opening balance, amount received, and narration for each transaction. The balance cascades down the schedule and marks instalments paid in sequence without manual reconciliation.
Service every loan with confidence
See how Fundflick LMS keeps your loan book, ledgers and statements accurate from disbursal to closure.
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