iGalax Loan Arrears Management

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iGalax Loan Arrears system allows financial institutions to track and follow up on loan arrears. Banks / Financial Institutions can categorize pending loan arrears based on value, days, region and perform follow up actions to redeem the arrears. The system allows officers to open a arrear loan record, view details of the customer and update the system with details.

Key features of iGalax Loan Arrears Management

  • Categorize most critical loan arrears
  • Update loan records with follow up details
  • Available as a tablet/mobile app for updation by field officers while out on the field
  • Integration api’s for capturing data from Core Banking/Loan Management System
  • Loan collateral details captured in the system
  • Define reminders for future follow up action


  • System to focus on loan arrears
  • Single screen view with all pending arrears
  • Reminder notifications for prompt follow up
  • Mobile access for updation in field
  • Loan write off /status to be decided based on the notes updation

Are your arrear loans becoming Non Performing Asset’s? Find out how ITGalax can Help