Built by people who've run the month-end.
Koshtaq is lender allocation software for Indian NBFCs and housing finance companies. Every month it assigns each loan in the book to one lender's hypothecation pool under that lender's eligibility rules, blocks any loan from being pledged to two lenders, and produces lender schedules with a full audit trail. It runs on the NBFC's own servers, beside its loan management system. Koshtaq is built by KGT Solutions.
Because this NBFC's month-end ran in Excel.
Koshtaq started at a live NBFC with 20 lenders and 7,55,037 loans. Every month its treasury team matched the book to each lender's rules in Excel, against a deadline of market open on the 1st, and the spreadsheet could not stop the same loan being pledged to two lenders.
So KGT Solutions built the system on that full loan book, with its real lender agreements. Then we made it a product: Koshtaq is software an NBFC or HFC licenses and installs on its own servers. Koshtaq is not a loan management system, a co-lending platform or vehicle-loan software. It works beside your LMS, on the loans you already hold.
Built from a real deployment
Not a whiteboard exercise. Koshtaq is the system that replaced Excel at a live NBFC, then was made a product.
Regulated-industry experience
A team that has built data-heavy, process-critical software in regulated environments before.
Designed by people who understand hypothecation
Not generic software developers. The rule vocabulary, the waterfall and the audit expectations come from the treasury floor.
Weeks, not quarters
Agile build, each module shipped to the client for review before the next. The first deployment went from kickoff to production in 7 weeks.
For procurement.
Everything a vendor-onboarding form asks for.
Koshtaq (spelled K-o-s-h-t-a-q) is not connected with the Škoda Kushaq car or with companies named Koshtak or Koshaq.
- Product
- Koshtaq, lender allocation software for NBFCs and HFCs
- Developer and publisher
- KGT Solutions (Kujata Global Technologies Private Limited)
- Websites
- koshtaq.com · company: kgtsolutions.com
- Deployment
- Installed on the customer's own servers, beside its loan management system
- Live scale
- 7,55,037 loans handled in a live deployment at an Indian NBFC
- Sales contact
- Sales team, KGT Solutions
- sales@kgt.solutions
- Phone
- +91 87968 47991
- Not to be confused with
- The Škoda Kushaq (a car), or the companies Koshtak and Koshaq
Want to see it run?
Read the case study or see how it works. Company site: KGT Solutions.