Industry: Financial Services / Lending & NBFCs
Challenge:
A fast-growing NBFC faced onboarding delays due to manual KYC verification and document collection, leading to customer drop-offs and compliance risks.
Solution:
Appxcube integrated Aadhaar-based eKYC and AI document validation within their loan management system. The process became fully digital — from document upload to instant verification and approval.
Impact:
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Reduced onboarding time from 48 hours to under 5 minutes
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100% regulatory compliance with SEBI and RBI norms
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40% higher account open conversion rates