Sector • Credit Co-Op Society

Purpose-Built Lending & Member Operations
Software for Credit Co-operative Societies.

Q: Can Rewafin integrate with our existing systems?

Yes. Rewafin is API-first and connects to credit bureaus, KYC providers, accounting and payment rails, and works alongside the systems you already run.

Q: Can different teams have different workflows?

Yes. Branches, credit, risk, operations and recovery teams can each work in their own configured workflows and approval paths.

Q: Is Rewafin built for regulatory and audit requirements?

Yes. Role-based access, complete audit trails and pre-configured regulatory reporting are built into the platform.

Q: Can Rewafin support risk and portfolio monitoring?

Yes. Early-warning signals, portfolio dashboards and risk analytics help teams spot stress early and act on it.

Eliminate manual ledgers and disconnected branch software. Manage member onboarding, share capital, surety/guarantor limits, gold and deposit-backed loans, and daily Pigmy/agent collections on a single platform compliant with State and Central Registrar (CRCS) norms.

Talk to Our Team See How It Works

Bank-grade security & ISO 27001

Measurable Impact Across
Your Credit Society

10x Faster Member Loans

Disburse Gold, FD-lien, and Emergency Member Loans in under 15 minutes at the branch counter.

100%Cash & Agent Tally

3xBranch Staff Efficiency

100%CRCS & Statutory Audit Ready

40% Higher Recovery Efficiency

Zero Leakage Across Daily & Monthly Collections

Prevent overdue accumulation and agent cash mismatches with handheld/mobile collection apps, instant SMS receipts, and surety cross-tracking.

Unified Member 360° View

View a member’s shares, Fixed/Recurring/Pigmy deposits, active loans, and guarantor exposures on one screen.

Automated Surety & Share Rules

Enforce society bye-laws for mandatory share linkage, maximum surety counts, and deposit-to-loan ratios automatically.

Real-Time Multi-Branch Control

Monitor daily branch cash positions, gold vault custody, agent collections, and trial balances from Head Office.

Built around the bye-laws and workflows
of Credit Co-operative Societies.

Member, Share & Deposit Integration

Unlike generic lending tools, Rewafin natively connects Member IDs, Share Certificates, Dividend ledgers, and FD/RD/Pigmy deposits directly to loan eligibility and lien marking.

Surety & Cross-Guarantee Intelligence

Prevent circular guaranteeing rings automatically. Set hard caps on how many loans a member can stand surety for and check total household/guarantor liability across all branches.

Central & State Registrar Compliance

Stay audit-ready for Multi-State Co-operative Societies Act (CRCS) and State Registrar inspections with automated statutory registers, Board resolution logs, and financial statements.

Growing your member base shouldn't overwhelm
your branches with manual registers.

Fragmented workflows

Multiple systemsOffline desktop software, manual share registers, paper Pigmy cards, and separate accounting spreadsheets.
Multiple teamsDisconnected branch clerks, field collection agents, gold appraisers, and managing committee members.

Limited visibility & control

Siloed dataNo instant view of a member’s cross-branch liabilities, surety exposure, or daily field agent cash collections.
Changing policiesDifficulty enforcing updated society bye-laws, CRCS transparency mandates, and interest rate revisions uniformly across branches.

Every stage of society member lending, unified end to end.

Member onboarding & share linkage

Onboard Regular (A-Class) and Nominal (B-Class) members effortlessly with digital KYC and instant share-capital allocation.

Digital Member KYC & VerificationInstant Aadhaar eKYC, PAN validation, photo/signature capture, and nominee registration.
Automated Share AllotmentCalculate and collect required admission fees and share capital ratios automatically during membership or loan application.
Member 360° Liability CheckSingle-click view of the applicant’s existing shares, thrift/compulsory deposits, active loans, and overdue history across all branches.
Vernacular Branch & Agent AppIntuitive regional-language interface for branch counter staff and doorstep field executives.

Eligibility, surety & collateral appraisal

Evaluate loan applications strictly against your society’s bye-laws while adding modern credit bureau and collateral verification controls.

Surety / Guarantor Cap EngineAutomatically verify whether proposed guarantors are active members, check their salary/deposit backing, and enforce maximum surety limits (e.g., max 2 or 3 sureties per member).
Gold Assaying & Deposit Lien ValuationBuilt-in calculators for Gold purity/weight LTV and instant automated lien marking against member FD, RD, or Pigmy deposits.
Optional Credit Bureau IntegrationPull CIBIL, CRIF, or Experian reports for higher-ticket business, vehicle, or mortgage loans to protect society funds.
Salary & Business Cash-Flow ChecksSimple assessment templates for salaried employees' credit societies (salary-deduction mandates) and small trader/MSME loans.

Committee approval & instant disbursal

Route loans from branch managers to the Managing Committee / Board and disburse rapidly via bank transfer or controlled branch cash counters.

Bye-Law Sanction HierarchiesConfigure instant branch-level approval for FD/Gold loans while routing mortgage and business loans to the Loan Committee or Board of Directors.
Automated Deduction & Voucher PostingAutomatically deduct linked share amounts, compulsory deposit (CD) contributions, insurance, and processing fees from the disbursement voucher.
Regional Language Loan AgreementsGenerate promissory notes, surety bonds, gold pawn tickets, and sanction letters in local languages with one click.
Direct Bank & Accounting SyncDisburse via NEFT/IMPS/RTGS or branch teller modules with real-time double-entry General Ledger (GL) posting.

Servicing, share dividends & vault control

Manage daily, weekly, and monthly loan schedules alongside member share accounting and physical collateral custody.

Flexible Society Repayment ModelsSupport Daily Collection (Pigmy-linked) loans, monthly reducing/flat EMIs, salary-deduction batch uploads, and Gold bullet renewals.
Employer Demand List Generation (Salary Societies)Auto-generate monthly recovery demand sheets for employer HR/payroll departments and reconcile bulk remittance files in one click.
Gold Vault & Packet Audit TrailsDual-custodian biometric/OTP vault check-in, packet barcode tracking, and automated auction alert workflows for overdue gold loans.
Statutory Registers & Audit ReportsAuto-maintain Form J / Member Registers, Share Ledgers, Director/Relative loan disclosures, and CRCS annual filing schedules.

Field collections & cooperative recovery

Eliminate agent cash pilferage and accelerate overdue recovery with mobile collection apps, instant member SMS alerts, and Co-operative Court legal tracking.

Pigmy & Daily Loan Collection AppBluetooth-printer enabled mobile app for daily field agents with real-time member SMS receipts and collection limit controls.
Automated EOD Agent Cash TallyReconcile field agent collections at the branch counter in minutes with zero manual ledger posting errors.
Guarantor & Member Notice WorkflowsAutomated SMS/WhatsApp reminders and formal overdue notices sent simultaneously to both the primary borrower and sureties.
Co-op Registrar & Arbitration TrackingTrack recovery certificate applications (e.g., Section 101 / Section 84 MSCS Act), arbitrator awards, and attachment execution proceedings.

Loan products we support

Gold & Deposit-Backed Member Loans

Instant Gold Loans, Loans Against Fixed Deposit (FD) & Recurring Deposit (RD), Pigmy Deposit Overdrafts.

Surety & Salaried Member Loans

Personal Surety Loans, Salaried Employee Society Loans (Payroll Deduction), Emergency / Festival / Medical & Education Loans.

Small Business & Trader Loans

Daily-Repayment Petty Trader Loans, Shopkeeper Working Capital Loans, Small Machinery & Equipment Loans.

Secured Mortgage & Vehicle Loans

Member Housing & Home Extension Loans, Loan Against Property (Mortgage), Two-Wheeler & Commercial Vehicle Loans.

Explore the
Rewafin product ecosystem.

Trusted by lending institutions

“The flexibility of the platform allows us to adapt workflows as our business evolves, without rebuilding the process.”
Arjun MenonChief Operations Officer · Meridian Finance
“Rewafin helped us bring multiple lending workflows into one connected system, giving our teams much better visibility across the process.”
Amit MehtaChief Operations Officer · Aarohan Finance
“We now have a much clearer view of applications, decisions and portfolio activity without having to switch between disconnected systems.”
Neha KapoorHead of Digital Lending · Nexora Bank

Frequently
asked questions

Still unsure? Our lending specialists are happy to walk through the specifics for your institution.

Talk to our team

Can Rewafin support multiple lending products?

Yes. Rewafin provides configurable workflows that can support different lending products and operational processes within one platform.

Can Rewafin integrate with our existing systems?

Can different teams have different workflows?

Is Rewafin built for regulatory and audit requirements?

Can Rewafin support risk and portfolio monitoring?

Ready to modernize your lending operations?

Connect your lending workflows, teams and systems with Rewafin.

Start a conversation Talk to sales

See Rewafin end to end.

Purpose-Built Lending & Member Operations
Software for Credit Co-operative Societies.