Title: Income Verification
1Instant, Easy Income Verification for Lenders
To reduce the risk of bad loans banks must focus
on having a robust, secure and instant income
verification process
2The "Challenge"
Borrower's ability to repay is gauged by their
income. The verification of income from
a credible and reliable source is a major
challenge
3Income verification is also the most critical
step in the process of credit decisioning and a
thorough verification of income ensures
responsible lending and offsets any future risk
of loan defaults
4Alternative Income Verification Methods That
are Risk-Free
The best alternative ways of verifying income
instantly by Karza with minimalistic inputs
5Employee
Provident Fund Authentication
Our OTP-based passbook retrieval system provides
uninhibited access to the provident fund
contribution and can be used for validation
and authentication of the employment and income
of the borrower
6Employment Verification Advanced
Offering a comprehensive, far-reaching,
extensive, and exhaustive lookup on an
individual's employment. With just the employer's
name and the employee's name, banks can verify
whether the concerned individual is employed with
the company or not
7Karza's Income Verification Solution is
100 RISK-FREE COMPLIANT!
Powering banks' credit decisioning engine to
verify incomes instantly, minimising
the onboarding friction for banks and enabling
them to provide a seamless customer experience
8www.karza.in connect_at_karza.in
You can reach out to Karza for understanding this
in much greater depth, anytime!