IRIS ALS SYSTEM

A Digitized ERP solution for Complete

Lifecycle Management of Agricultural

Loans.

Delhi – Nehru Place

Delhi – Rajinder Palace

Delhi – Gaziabad

Gurgaon

Navi Mumbai

Mumbai Fort

Rajahmundry

Business Process Center

Ahmedabad

Pune

Kolkata

Chennai

Bangalore

Bhubaneswar

Image Service Bureaus at

Hyderabad

Development Center

Business Processing Center

Data Center

Atlanta, GA

Richmond

Waterloo

Duluth

Miami

St. Louis

Birmingham

San Diego

Albany

Chile

Philippines

Development Centers

Sales Offices

Business Process Centers

Service Bureaus

Data Centers

DR Centers

Reseller Agreements

Latin AmericaCaribbean

Canada

Mumbai

DR Site

Incorporated in Atlanta in 1996 Established Indian arm in 2004

• Provides Solutions to the BFSI Industry • Develops and supports payment & CBS Solutions

Company Overview

PAYMENT PRODUCTS SUITE CORE BANKING SUITE

CONSUMER PRODUCTS BACK OFFICE PRODUCTS CORE BANKING SOLUTIONS

• Iris Core Banking Solution

• Iris Agri. Loans System

• Iris Coop. Societies Automation Solution

• Iris ATM Switching Services

• Iris eKYC Solution

• ‘OnView’ Remote Deposit Capture

• ‘Jeb’ UPI Platform Solution

• IRIS Digital Banking Solution

• IRIS BBPS-OU Solution

• eDesk CTS Solution

• Centrum MMS-ACH Solution

Product & Services

2013

2014

900 Seater Processing

Facility Commissioned

2015

"Best Innovative Product for Banks”Maharashtra Cooperative Summit

10 Most Promising BFSI

Software Solution Provider

Company of the Year

Recertification

"Best Tier 3 Data Centre“at Gujarat Cooperative Summit

2016

VSoft ‘Jeb’ Wins NPCI Hackathon

Recent Achievements

Our Diverse Customer base

2600+ Financial Institutions Served Globally

Cooperative Credit Structure

State Cooperative Banks

District Credit Cooperatives

Primary Agriculture Credit Society

NABARD Agri. Dev. Bank of the Country

Cooperative Bank

Sacco/UBS (Union Bank Sections )

Primary Cooperative Societies /District Union

INDIA AFRICA

Scope of Services Offered by Agri. Coop Societies handled by VSoft’s Agri. Loan System

Agri-allied LoansAgricultural Credit Thrift & Savings

Warehousing and Storage Sale of consumer articles Procurement of food grains on behalf

of the farmers produce procurement

agencies or processing units

Public Distribution System (PDS)

Fertilizer, Seeds and Pesticides Supply

Risks and Issues

FARMERS

• Access to FORMAL financial Services

• Timely Availability of Funds

• Withdrawals and repayments at convenience

BANK

• Control of Flow of Funds.

• Collateral Uncertainty.

• Shadow Registries

• Multiple System Integration.

REGULATOR

• Financial Inclusion.

• Direct Benefits Transfer.

PRIMARY CREDITAGENCIES

• Technology Impairments

• Non Banking Entities

• Access to Funds

• Manual and fragmented credit

• Low Cost of operations

Agriculture Loans

Farmer

• Loan application review

• Loan application sanction

• Product setup

• Seasons & Scale of Finance

setup

• Limits & Insurance setup

• Facilitate Card based

transactions

• Manage borrowing a/c of

PACS- linked to member level

transactions

• Farmer onboarding (Membership,

Shares etc.)

• Land cultivation registers, Charge

declaration/Mortgages etc.

• Credit limits & MT/LT loan

applications

• Account setup/operations/recovery /

renewal / closure

• Loans Maintenance, Transactions

Interest Subvention/subsidy

• Common account system /MIS

Reports

With VSoft’s solution, all the banking regulations are complied and the time-tested pre-eminence of

Corporate Societies as the service provider to millions of small and marginal farmers is rejuvenated.

Primary CooperativeBANKS

10

Life Cycle Management of gri-Loans

Agri Credit Environment

Setup

Member Verification with eKYC

Member Land Holding Setup,

Farmer

Application for Agri loan

Verification with Govt Records

through API

Recomme-ndation

Sanction of loan

Financial Inclusion –

Setting up of SB Account

Loan Subsidy Management (front / Rear

ended)

DisbursalLimits &

Insurance Management

Account Setup

Charge/ Mortgage Creation

Interest Subvention /

Subsidy

Sale Proceeds /Recovery through SB

Account

Conversion to MT / LT in

case of natural calamities

Rephasement

Reschedulement

Provisioning

Asset Classification

Income recognition

Agri.Loan System – Flow & Scope

BANK

9

Agriculture Loan System

Vsoft’s ALS

1. Loan Application/KYC Scrutiny2. Loans Sanction Approval3. Repayments Schedules

Monitoring4. NPA Monitoring/Management 5. Product Location and Parameters

setting6. User Management

1. Loan Origination2. Documents Collection3. KYC scrutiny4. Loans Disbursements (Cash/Kind)5. Repayments schedule monitoring

BANK LENDING INSTITUTION

1. Loan Application2. Loan Sanction alerts3. Loans Disbursements (Cash/Kind)4. Repayments schedule 5. Reviews/Alerts

Digital Banking/Unified Payments Interface

FARMER

Additional Approving Authority

KLS Overview

BANK

9

Agriculture Loan System

BANK

Vsoft’s ALS

Primary Credit

CooperativeFarmer

KYC Onboarding & Loan origination

Farmer

Debit Card& Fund Disbursal

ATM Commodity

Cooperative/Retail

Micro ATM in Additional

Approving

Authority

Farmer

Debit/Credit

Transactions

Fund

Withdrawal

Payment in Cash/ Kind

CBS

Authorization

SB Account &Loan Approval

Loan Evaluation, Sanction & Disbursal

MIS

Agriculture Loan System Solution Highlights

BANK

ALS

All operations will be through SB accountopened in BANKS

ALS maintains end to

end the farmer loan

accounts at Primary

Cooperative and the

corresponding Bank

duly mapped

PRIMARY COOPERATIVE

It would be a

Combined Card for SB

and Debit Card to work

at any ATM.

Debit cards to be issued

to farmer members of

Primary Cooperative

duly opening Bank

Accounts at bank

MICRO ATM & ATM

FARMER

Key Features

Unique handling of Loans Origination ProcessHandles entire loans origination & operations process at Primary Agriculture Credit Society and Banks in an integrated manner, without any duplication.

Integration with the Bank’s CBS• All member transactions - borrowings and repayments are fully mapped to the borrowings from the

BANK• Eliminates any leakages during disbursement or recovery of loans and consequently minimises the scope

of imbalances arising in the system Data Segregation up to the village level

• Facilitates data aggregation about implementation of various schemes at Village District / Provinces• Purpose-wise and Crop-wise disbursement of loans, coverage of crop insurance, recovery of loans, DCB,

interest subvention etc.in different areas/categories of farmers. Solution design and Technology

• Built around Core Banking Solution to provide the CCS extensive processing power• Built on open source data technologies, • Cost effective in terms of installation and maintenance • Centrally deployable providing operational efficiency

Provides a unified view of the member • Personal details, membership, share holding details & land details, loans and services availed etc., yielding

rich data for policy formulation and Governance

Agriculture Loan System handles all types of agri. loans• Short Crop loans, as per Regulator’s guidelines i.e. multiple drawls /repayments and all agri.-loans under

one Account etc., • Mid Term loans for Agri. Allied activities like Dairy, Poultry etc.• Long Term agri. loans for tractors, minor Irrigation etc.

Debit Cards for Members• Enables farmers to avail hassle free access to credit as per seasonal requirements and repayments as per

seasonal surpluses, both Cash / Kind disbursement restrictions could be managed through loan parameters.

Seamless coverage for multiple delivery channels• Micro-ATM’s, ATMS,POS Mobile, Internet for delivery of all the Banking and Trading activities undertaken

by Primary agriculture credit societies

Trading and non-credit business modules • Fertilizer, seed, pesticide outlet / consumer stores / procurement business / PDS outlet / warehousing etc.

Multi-Lingual capability

Door Step Service Delivery • Mobile, Internet, POS, ATM, UPI can be interfaced for efficient delivery of services at the door-step of the

farmer.

Benefits of the ALS Solution

CBS

• Comprehensive MIS

• Better monitoring of loans leading to

improved recovery / reduced NPAs

• Visibility and predictability of loan cycle

operations

• Efficient subsidy / subvention claiming

• Optimum utilization of funds leading to

savings in interest cost.

• Better regulatory compliance

• Improved credit

business and viability of

Primary Cooperatives

• Inclusion of Primary

Cooperatives in the

technology enablement

• Self-service channels

leading to reduced

transaction cost &

operational / staff cost

• Better outreach,

therefore enhanced

member loyalty

• Servicing the needs of

the farmers at his

doorstep (savings,

loans, DBT etc.)

ALS

BANK SWITCH

BANK Primary

CooperativeFarmerMicro ATM ATM

ALS

Respective General

Ledger entries are sent to

Primary Cooperative and

BANK .

6

ALS sweeps funds from

farmer loan account into

farmer SB account in CBS. 3

1

Farmer swipes

his Debit Card at

the ATM.

ALS validates

transaction of

Kind Or CASH .2

ALS posts the farmer drawal

transaction into farmer loan

account and also posts an

Advance in Primary

Cooperative ’ Credit Line.

5

NFS

CBS

Funds are released to

farmer at ATM. 4

ALS-withdrawals of loan funds from an ATM

Farmer / Bank / Society User Screen Shot

Bank / Society User – Operations Landing Screen

Responsive Design – A BetterExperience

Form Factor, Resolution, and Orientation sensitive

Consistent Look and Feel for any device used by the Farmer / Bank / Society

Consistent Functionality

Digital Banking - Agri. Loan System

Agri Loan System

Electronic

Funds

Transfer

(NEFT/RTGS/

IMPS)Statement

Request

Customer

Service

Bill Pay, CBS,

POS, ATM,

Digital

Banking

Integration

Online

Security

Account

Inquiry

Commodity

Prices,

BANK

communications

and marketing

Weather

Reports,

Integration

with Govt

websites for

information

to the farmers

Full Suite of Online Banking Services

THANK YOU

Monsy Mathews, Vice President –Sales (Africa) +91 99 95 111 254,

email: mmathews@vsoftcorp.com

Srinivas Dronamraju, Chief Operating Officer+91 98 66 854 983,

email:srinivas.dronamraju@vsoftcorp.com