Case Study

Lendmitra: From manual processing to a working lending platform

The problem

Lendmitra, an NBFC lending platform in India, was processing loans manually. Every application required manual document verification, follow-up calls, and compliance checks. The team spent more time on admin than on lending decisions.

The solution

Plact Factory built a lending platform in 14 days:

  • •Automated document processing and verification
  • •Loan eligibility assessment
  • •Follow-up and collections tracking
  • •Compliance reporting dashboard

The outcome

Lendmitra went from a manually-run lending operation to a platform where document processing, applicant follow-up, and compliance reporting happen automatically. The system was built and deployed in 14 days through Plact Factory.

14 days

From start to deployed platform

4

Core lending jobs handled

24/7

Automated applicant communication

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