Implementation of GLOW
Pahal is implementing a Loan Origination System (LOS) named GLOW, which automates the origination and approval of loans rapidly….
Pahal is implementing a Loan Origination System (LOS) named GLOW. This system automates the origination and approval of loans rapidly. It offers the Lenders the simplicity, security and scalability to process high volumes of loan application and always stay in control. GLOW software integrates tools that improve efficiency at every level. It provides the transparency managers require and eliminate manual processes and it delivers the benefits of automation. It would also allow Pahal to focus on the actual lending part of business by taking care of the more technical aspects of processing and decisioning loan applications. The pilot phase of GLOW has been conducted in the Viramgam branch and successful results have been fetched. Soon the same will be implemented in all the branches.