Financial Services × ERPNext
ERPNext for NBFCs and lenders — in India
Loan origination, KYC, portfolio management, and RBI-aware audit — in one open-source ERP with your data behind your perimeter.
Mith Tech implements ERPNext for NBFCs, micro-finance institutions, lending arms of small finance banks, factoring companies, and fintech lenders in India. The build covers loan origination, KYC / CKYC, credit assessment, disbursement, EMI and interest schedules, collections, NPA tracking, and the audit and reporting workflow that an RBI inspection walks through.
Compliance, in the cell
The data perimeter is the most important thing for a regulated financial entity. ERPNext runs on infrastructure you own — Hetzner or AWS Mumbai, not a SaaS vendor's multi-tenant cluster. RBI-aware audit trails, maker-checker workflows, role-based access, and the data residency requirements that RBI / SEBI / IRDAI impose on regulated data are built into the access model, not bolted on. NBFC Master Direction and Scale Based Regulation reporting flows are wired through custom scripts.
What we deploy
Loan origination & KYC
Application capture, KYC / CKYC integration, document checklist, credit assessment workflow, and the maker-checker trail that an audit walks through.
Disbursement & EMI schedules
Disbursement vouchers, amortised EMI schedules, interest accrual, prepayments, foreclosure, and the GL postings that match the books at month-end.
Collections & NPA tracking
Collection entry, bounce handling, DPD buckets, NPA classification (sub-standard, doubtful, loss), and provision tracking per RBI's Master Direction.
Audit, reporting & data residency
Maker-checker, immutable audit logs, RBI / SBR reporting, and the role-based access that keeps customer financial data behind your perimeter.
Related surfaces
More from the Financial Services × ERPNext matrix
Every other industry on ERPNext, plus the other platforms we deploy in Financial Services. Each page is a distinct cell with its own compliance angle and engagement shape.
Other platforms in Financial Services
Frequently asked questions
Do you implement ERPNext for NBFCs and financial services firms in India?
Yes — NBFCs (both deposit-taking and non-deposit-taking, subject to size), micro-finance institutions, fintech lenders, and the lending arm of regulated entities. We do not take engagements where the loan book is materially above what ERPNext can sensibly handle — the conversation is the right place to scope it.
Where is the loan and customer data stored?
On infrastructure you own — Hetzner or AWS Mumbai, behind your VPC, with role-based access, encrypted at rest, and audit logs on every record view. We do not see customer financial data, we do not host it, and the data never leaves your perimeter.
Can ERPNext handle RBI reporting and audit requirements?
Yes — the maker-checker workflow, immutable audit logs, NPA classification per RBI's Master Direction, and the SBR (Scale Based Regulation) reporting layer are part of the build. The reporting layer is custom-scripted because the off-the-shelf Financial Services modules assume a different regulatory regime.
What is the cost of ERPNext for an NBFC?
A small NBFC with up to ~50 active users and a single loan product typically runs ₹15–30 lakh implementation plus ₹3–6 lakh per year for managed hosting. The range is on our ERPNext cost guide.
Not sure where to start?
Know your budget? Plan your ERPNext for Financial Services stack.
Three minutes, no signup wall. We ask about your sector, team size, compliance, urgency — and your budget — and recommend a full open-source stack across ERP, commerce, CRM and marketing, with a cost band and a go-live timeline you can download as a PDF proposal. If you already know your number, share it and we will pick the highest-value task that fits.
No email required. The PDF is yours to keep.