Case Study: WheelsEMI achieves 30-Minute Loan Disbursement with Nelito Systems’ FinCraft ILMS

How WheelsEMI automated its Lending process with FinCraftTM ILMS

WheelsEMI Pvt. Ltd., an NBFC specializing in financing pre-owned two-wheelers through dealer networks, peer-to-peer funding, and loan-against-vehicle products, was struggling with a largely manual lending process. The company faced multiple handoffs, poor access to accurate information for relationship managers, weak control over risk and collateral management, difficult audit tracking, and limited customer insights for product recommendations.

To address these issues, WheelsEMI implemented Nelito Systems Ltd.’s FinCraft™ ILMS, an integrated lending management solution. Nelito Systems Ltd. helped automate the end-to-end lending journey across lead management, LOS, LMS, and collections, with integrations to 20 external applications and a mobile-first, branchless, dealer-based model. The result was a faster, more controlled process, with customer onboarding completed in 2.5 minutes and final disbursement achieved within 30 minutes.

WheelsEMI

Ratheesh K. Bharathan

Exec. Vice President & Co- Founder