Business
People’s Bank completes deployment of People’s Wiz-Credit Retail Digital Loan Origination System
People’s Bank marked another significant milestone in its Digital Transformation journey with the full launch of People’s Wiz-Credit (Retail) Digital loan Origination system across its entire branch network.
The People’s Wiz Credit Retail Loan Origination System (RLOS) is an advanced platform that revolutionizes retail loan processing. It replaces manual processes with an end-to-end digitized system, streamlining loan applications, disbursement, and post-disbursement activities. This digital transformation enables the bank to process personal loans within hours of the initial request, offering customers an exceptional and unparalleled experience.
The implementation of RLOS marks a significant shift towards efficiency and customer-centricity. By digitizing loan processing, People’s Bank aims to enhance operational efficiency, reduce processing times, and deliver superior service to its valued customers. With RLOS in place, the bank is well-positioned to meet the evolving needs of its clientele in an increasingly digital world.
