Freedom251 › Loan Management Software
Lenviq

What Lenviq is
Lenviq is a cloud system built for non-bank financial companies that need loan origination, servicing, accounting and RBI reporting in one product. It supports personal, business, vehicle, property and gold loans, along with cash credit and overdraft limits. Its origination workflow records applications, borrowers and guarantors, bureau pulls, approval routing and documentation, and includes maker-checker disbursement. For servicing, the system handles payment schedules, receipts, part payments, foreclosure, interest accrual, charges, collections, DPD and IRAC classification. Loan events generate double-entry vouchers; accounting also covers GST and TDS tracking, trial balance, profit and loss, and balance sheet statements. Loan documents are produced from loan terms, including a Key Facts Statement and borrower declarations in fourteen languages. Field collection screens work without a network, then sync collected payments when connectivity returns. Lenviq is available on Android and the web, with cloud deployment. The maker, FastLegal Technologies Private Limited, says it has built compliance software for Indian regulated entities since 2018. Onboarding is described as a pilot with one branch, one or two products and part of the live book, followed by migration and parallel running. Pricing is on request.
Who it suits
Lenviq suits NBFCs managing multiple loan types that need origination, servicing, accounting and RBI reporting together. Its offline field collection screens and Indian language borrower documents may be useful for teams working with borrowers across locations.
What it does well
- Supports seven loan types and credit facilities.
- Field screens work offline and sync collected payments later.
- Loan events create double-entry accounting vouchers.
- Generates borrower declarations in fourteen languages.
- Tenant data is scoped at the data layer with row-level security.
What to know first
- Pricing is available on request.
- Android and web are the listed platforms.
- The company states it holds no ISO 27001, SOC 2 or PCI DSS certification.
Plans
| Plan | Billed and limits | Price |
|---|---|---|
| Lenviq | Pricing not listed; request a demo | On request |
As lenviq.in lists them, read 9 Oct 2026. The maker's own page has the final word.
Getting started
- Open https://lenviq.in/.
- Request a demo to discuss the product and pricing.
- Plan a pilot with one branch, one or two products and part of the live book.
- Proceed with data migration and parallel running as part of onboarding.
- Use the Android app or web product.
Verdict
Consider Lenviq if your NBFC needs lending workflows and accounting in one cloud system, including offline field collection. It may be less suitable if you need published pricing, a listed platform beyond Android and web, or one of the stated security certifications.
Questions
How much does Lenviq cost?
Pricing is on request. The listed plan says to request a demo.
Which platforms does Lenviq support?
Lenviq is available on Android and the web.
What types of loans does it handle?
It supports personal, business, vehicle, property and gold loans, as well as cash credit and overdraft limits.
Who makes Lenviq?
Lenviq is built by FastLegal Technologies Private Limited, which says it has built compliance software for Indian regulated entities since 2018.
Does Lenviq work offline?
Its field collection screens work without a network. Collected payments sync when connectivity returns.
Which external integrations are named?
The security page names bureau, eNACH, eSign and CKYC integrations; credentials can be configured and encrypted at rest.
Facts from Lenviq's own pages
- Access and audit
- The product describes role-based permissions, optional two-factor authentication, and append-only records of changes. · lenviq.in, 9 Oct 2026
- Accounting
- Loan events generate double-entry vouchers, with GST and TDS tracking, trial balance, profit and loss, and balance sheet statements. · lenviq.in, 9 Oct 2026
- Certifications
- The company states that it holds no ISO 27001, SOC 2 or PCI DSS certification and publishes no availability figure. · lenviq.in, 9 Oct 2026
- Data protection
- Aadhaar is stored masked to its last four digits, and report exports mask personal identifiers by default. · lenviq.in, 9 Oct 2026
- Documents
- The system generates loan documents from the loan terms, including a Key Facts Statement and borrower declarations in fourteen languages. · lenviq.in, 9 Oct 2026
- Field app
- The field collection screens work without a network, and collected payments sync when connectivity returns. · lenviq.in, 9 Oct 2026
- Founded
- 2018 · lenviq.in, 28 Sept 2026
- Headquarters
- Jaipur, Rajasthan, India · lenviq.in, 28 Sept 2026
- Hosting
- The product is deployed in an Indian region, while provider, specific region, backup frequency, retention and recovery objectives are set per engagement. · lenviq.in, 9 Oct 2026
- Integrations
- The security page names bureau, eNACH, eSign and CKYC as external integrations whose credentials can be configured and encrypted at rest. · lenviq.in, 9 Oct 2026
- Loan products
- The platform supports personal, business, vehicle, property and gold loans, as well as cash credit and overdraft limits. · lenviq.in, 9 Oct 2026
- Maker
- Lenviq is built by FastLegal Technologies Private Limited, which says it has built compliance software for Indian regulated entities since 2018. · lenviq.in, 9 Oct 2026
- Onboarding
- The maker describes onboarding as a pilot using one branch, one or two products and part of the live book, followed by data migration and parallel running. · lenviq.in, 9 Oct 2026
- Origination
- Its origination workflow includes applications, borrower and guarantor records, bureau pulls, approval routing, documentation and maker-checker disbursement. · lenviq.in, 9 Oct 2026
- Product
- Lenviq combines loan origination, servicing, accounting and RBI reporting in one system for NBFCs. · lenviq.in, 9 Oct 2026
- Servicing
- Servicing features include schedules, receipts, part payment, foreclosure, interest accrual, charges, collections, DPD and IRAC classification. · lenviq.in, 9 Oct 2026
- Support
- Customers can raise support requests from inside the product, where the request reaches the company with context attached. · lenviq.in, 9 Oct 2026
- Tenant isolation
- Tenant data is scoped at the data layer, with row-level security enabled as an additional control. · lenviq.in, 9 Oct 2026
Where Lenviq stands on Freedom251
- Loan Management Software#17 of 30