Custom AI Underwriting Agent Development for Lenders & NBFCs

An AI underwriting agent for NBFCs automates the credit assessment workflow for loan applications. It reads the applicant's documents (bank statements, ITR, salary slips, KYC), pulls bureau data from all four Indian bureaus, applies your NBFC's specific credit policy rules, and generates a credit memo — replacing the manual analyst workflow. XPndAI builds these as custom systems: your credit policy encoded as auditable, configurable rules — not a vendor's black-box model. The agent integrates with your LOS and processes applications in minutes rather than the 3–7 day manual cycle. Source code is handed over at project close.

A credit scoring SaaS (FinBox, Scienaptic, HyperVerge, Perfios) provides a pre-trained risk model score and a SaaS interface. Your credit policy is not encoded — you get a vendor model score and pay a monthly licence, typically ₹5L–₹20L+ at scale. An XPndAI AI underwriting agent is a custom build: your credit policy rules (CIBIL floor, FOIR ceiling, income verification logic, sector exclusions) are encoded as configurable rules that are fully auditable. You own the source code. There is no ongoing licence. For RBI audits — the agent produces a decision with a per-rule audit trail, not a vendor-model score that you cannot explain.

Yes. XPndAI's underwriting agent handles both applicant profiles with different data sources and rules. Salaried: salary slips, Form 16, NSDL ITR, bank statement salary credit verification, employer name extraction. Self-employed: GSTR-1/3B turnover analysis, ITR cross-check against bank credits, GSTIN status check, GST filing regularity analysis. Business loans: 2-year P&L and balance sheet extraction, DSCR calculation, OD utilisation pattern, debtor/creditor turnover. The credit policy rules engine is configured separately for each product and applicant profile — the same system handles all three.

Fixed price means XPndAI commits to a specific scope and price before building. The process is: (1) 1–2 week paid discovery engagement (₹1L–₹3L) to document your credit policy, existing systems, data landscape, and regulatory obligations; (2) system specification delivered — all features, integrations, compliance controls documented; (3) fixed-price quote covering design, build, integration, UAT support, and handover with source code. No time-and-materials billing, no scope creep invoices. If a change is requested that is outside the agreed spec, it is quoted separately before implementation. Monthly cost after handover is hosting only — typically ₹15k–₹35k/month.