One Platform for the Full Business Lending Lifecycle
CARMA Core unifies Loan Origination, Loan Management, Supply Chain Finance, reconciliation, AI-powered underwriting, and Early Warning Signals into one connected layer above your core banking system. 8x faster disbursement, credit memos in under 10 minutes, GNPA held under 1.5%.
Faster loan disbursement in a live NBFC deployment — same team, same volume, zero added headcount.
Two flagship platforms. Battle-tested at scale.
Each platform — LOS with Auto Underwriting, and LMS built for Supply Chain Finance — stands alone. Together on CARMA Core, full coverage.
Most lenders run on disconnected systems.
Data doesn't flow. Teams work manually. Loan disbursement takes multiple days. There is a better way.
One Connected Layer. Not Five Disconnected Tools.
Fragmented stacks force weeks between credit decision and disbursement. CARMA Core replaces the entire chain - LOS, underwriting tool, credit admin, LMS, and collections system - with a single platform.
Acquisition & Prescreen
Prescreen Engine filters leads, enriches GST and bureau data, and routes only qualified opportunities to underwriting
Underwriting & Auto-CAM
Auto-CAM reads financials, GST, bank statements and bureau data together to generate a credit memo in under 10 minutes
Documentation & Compliance
AI CAD Agent validates KYC, financials and property papers instantly, with configurable DOP matrices and full audit trail
Disbursement & SCF
H2H banking and GST-verified invoice financing enable disbursals - term loans or SCF drawdowns - in under 2 minutes
Repayment & Reconciliation
Virtual account repayments auto-allocate to the right loan; two-way bank reconciliation keeps books accurate on T+1
Monitoring & EWS
Early Warning Signals, covenant tracking and Smart Collections keep the portfolio under continuous, automated watch
CARMA Core replaces this fragmentation with a single connected layer - cutting time from credit decision to disbursement by up to 8x.
Two Ways to Plug In. One Platform.
Take the full stack end to end, or plug in only the AI modules you need - your existing CBS stays in place either way.
The complete business lending platform, end to end
- LOS for MSME, SME and mid-market business loans
- Supply chain finance platform with anchor portals
- AI-enabled underwriting, credit admin and collections built in
- White-labelled, RBI IRAC compliant, 4-6 week deploy
Plug in just the AI-enabled modules you need
- 6+ standalone modules - each a plug-and-play API
- Sits alongside your existing core banking system
- No replacement required - modular and pay-per-use
Two Flagship Platforms. Battle-Tested at Scale.
Each platform stands alone. Together, full coverage.
LOS with Auto Underwriting
White-labelled application journeys with automated credit assessment for business loans
- ✓White-labelled application journeys for business loans - web, mobile, anchor-embedded
- ✓Auto underwriting engine with credit memo in under 10 minutes
- ✓Configurable maker-checker, credit policy and approval rules
- ✓Purpose-built for MSME, SME and mid-market business credit - not retail or consumer loans
LMS Purposefully Built for SCF
Anchor-led supply chain finance servicing for vendor, customer and distributor programs
- ✓Anchor-led vendor financing - disbursal at invoice acceptance
- ✓Customer and distributor financing with per-anchor limit tracking
- ✓Dynamic discounting, reverse factoring and approved-payable
- ✓Anchor portal - live view of all vendors and customers
- ✓Multi-tenor servicing: bullet, EMI, on-demand drawdown
Both platforms are white-labelled, RBI IRAC-aligned, and deployable in 4-6 weeks.
Six AI Modules. Pick What Fits.
Use any module standalone via API, or as a suite inside the full CARMA Core platform.
Auto CAM
Reads financials, GST, and bank data together to produce a committee-ready credit memo in under 10 minutes.
Early Warning Signals
Continuous portfolio re-reads flag structural vs. temporary stress before it becomes an NPA.
Business Rule Engine (BRE)
6-dimension borrower rating with industry-aware weighting, tuned for tickets from Rs 5 Cr to Rs 5,000 Cr.
Bank Statement Analysis
Parses 77+ bank channels for cash flow, EMI burden and bounce patterns, mapped against GST and bureau data.
GST Analysis
2,200+ automated checks covering counterparty concentration, compliance score, related party relationships, and GST behaviour score.
Financial Statement Analysis
Auto-spreads balance sheet, P&L and ratios with DSCR and industry benchmarking.
From Fragmented Stack to One Connected Layer
Replace disconnected origination, servicing and SCF tools with intelligent automation
- ×Weeks between credit decision and disbursement
- ×Manual GST, bank statement and invoice verification calls
- ×Approvals scattered over email and WhatsApp
- ×Payment allocation done in spreadsheets
- ×Month-end reconciliation takes 10+ days
- ×Reactive collections after defaults
- 8x faster disbursement, credit memo in under 10 minutes
- Automated GST, bank statement and invoice verification
- Auditable workflows with configurable DOP matrices
- Virtual accounts auto-allocate every payment
- T+1 accounting with automated two-way reconciliation
- EWS-driven, proactive collections
Proven at Scale in a Live NBFC Deployment
Deployed at a growth-stage NBFC, replacing a fragmented LOS-LMS stack entirely - same team, same volume, zero added headcount.
Enterprise-Grade Security & Compliance
Built to meet the compliance bar banks and NBFCs require, from day one.
How to Evaluate a Unified Credit Operations Platform
A checklist spanning origination, disbursement, supply chain finance and compliance.
Lead & Credit Assessment
- Prescreen engine for lead filtering
- Bureau, GST, Account Aggregator integration
- AI bank statement parsing
- Duplicate & related-party detection
Underwriting & Workflow
- Auto-CAM credit memo generation
- Configurable DOP approval matrices
- Multi-level approval workflows
- Complete audit trail
Document & Invoice Verification
- AI CAD document validation
- GST portal invoice verification
- HSN code & e-way bill matching
- Expiry and validity tracking
Disbursement & Banking
- H2H banking integration
- Instant disbursal capability
- Virtual account repayments
- Auto-accounting entries
Limit & Risk Management
- Borrower, anchor and program-level limits
- Early Warning Signal tracking
- Covenant compliance monitoring
- Industry and sector risk indicators
Accounting, Collections & Compliance
- T+1 accounting with ERPNext
- Smart Collections automation
- Automated bank reconciliation
- RBI IRAC & regulatory reporting
✓ CARMA Core meets all 6 criteria - the only platform built for the complete business lending lifecycle
Credit Operations Challenges We Solve
Purpose-built to address pain points across origination, disbursement and supply chain finance
❌ Credit TAT takes weeks per application
✓ 8x faster disbursement with Auto-CAM and instant data integrations
❌ GST & bank statement analysis is manual and error-prone
✓ 2,200+ automated GST checks plus AI bank statement parsing in seconds
❌ Document chasing delays disbursement
✓ AI CAD Agent validates documents and flags gaps automatically
❌ Invoice verification takes days, exposing fraud risk
✓ GST + HSN + e-way bill checks clear genuine invoices in under 2 minutes
❌ Payment allocation done manually in spreadsheets
✓ Virtual accounts auto-allocate every payment to the right loan
❌ No real-time visibility into limits or covenants
✓ Multi-level limit tracking and EWS monitor exposure continuously
❌ Month-end reconciliation takes 10+ days
✓ T+1 accounting with automated two-way bank reconciliation
❌ Collections are reactive after defaults
✓ EWS-triggered Smart Collections act on day-1 payment delays
Built for Lenders Writing Business Credit in India
From MSME lending to anchor-led supply chain finance, CARMA Core adapts to your lending model
Banks
- ✓MSME lending
- ✓SME credit
- ✓Mid-market business loans
- ✓RBI IRAC-aligned reporting
- ✓Working capital & term loans
NBFCs & Supply Chain Lenders
- ✓Anchor-led dealer & vendor financing
- ✓Channel finance programs
- ✓Dynamic discounting & reverse factoring
- ✓Invoice discounting
- ✓Manufacturing & FMCG distributor finance
Fintechs & Digital Lenders
- ✓API-first, pay-per-use AI modules
- ✓Fast 4-6 week deployment
- ✓MSME & digital lending journeys
- ✓Embedded lending at point of sale
Need CARMA Core customization for your specific lending model?
Deploy CARMA Core in 4-6 Weeks
Phased implementation to get you live quickly with continuous AI rollout.
Discovery & Program Design
We map your lending products, credit policy, SCF program structures and approval workflows.
⏱️ 1-2 weeksIntegration Phase
Connect bureau, GST, Account Aggregator, banking (H2H), and ERPNext. Configure virtual accounts and limit hierarchies.
⏱️ 2-3 weeksGo Live & AI Rollout
Onboard borrowers and anchors, then progressively switch on Auto-CAM, EWS, and Smart Collections.
⏱️ 1-2 weeksReady to Replace Your Fragmented Lending Stack?
Join leading banks, NBFCs and fintechs already using CARMA Core
What Is CARMA Core?
CARMA Core is the credit operations layer that sits above your core banking system (CBS) and unifies the tools business lenders traditionally run as separate systems: a Loan Origination System (LOS) for acquisition and underwriting, a Loan Management System (LMS) for disbursement and servicing, a Supply Chain Finance (SCF) platform for anchor-led dealer and vendor programs, and standalone tools for reconciliation, credit memo generation, and portfolio monitoring. Instead of integrating five or six point solutions, lenders run one connected platform.
CarmaOne built CARMA Core specifically for Indian business credit, with deep integration into GST Portal, Indian Credit Bureaus, CKYC, NSDL, the Account Aggregator framework, H2H banking rails, and ERPNext. This India-first approach powers capabilities like 2,200+ automated GST checks, Auto-CAM credit memo generation in under 10 minutes, GST + HSN + e-way bill invoice verification for SCF, and continuous Early Warning Signals tuned to Indian filing and repayment behavior.
Key Components of CARMA Core
- Lead & Credit Assessment: Prescreen leads and pull bureau, GST, and bank data automatically for eligibility checks
- Underwriting & Auto-CAM: Generate a committee-ready credit memo in under 10 minutes from financials, GST, and bureau signals
- Document & Invoice Verification: AI CAD Agent validates KYC and financial documents; GST portal checks verify SCF invoices
- Disbursement: Straight-through H2H banking integration for term loans and SCF drawdowns in under 2 minutes
- Repayment & Reconciliation: Virtual account-based collections with automated two-way bank reconciliation
- Portfolio Monitoring: Early Warning Signals, covenant tracking, and Smart Collections automation
Who Needs CARMA Core?
Banks with SME and MSME lending divisions, NBFCs running working capital and supply chain finance books, fintechs offering digital and embedded lending, and corporates operating anchor-led dealer or vendor financing programs all face the same underlying problem: fragmented systems that slow down credit decisions and disbursement. CARMA Core is built to replace that fragmentation, whether deployed as the full platform or adopted one AI module at a time.
With rising competition in business lending and increasing pressure to disburse faster while holding GNPA down, an intelligent, unified credit operations layer is no longer optional. CARMA Core by CarmaOne delivers the AI-powered automation, deep Indian integrations, and end-to-end lifecycle management that modern lenders need - proven at 8x faster disbursement with GNPA held under 1.5% in a live deployment.
Integrate with CarmaOne's Complete Credit Suite
CARMA Core integrates seamlessly with CarmaOne's other solutions: enhance credit decisions with CARMA Assess for comprehensive vendor and borrower diligence, or connect with our CARMA DealFlow for structured private credit fund operations.
CARMA Core Resources & Guides
Deep-dive guides on loan origination, underwriting, supply chain finance, and early warning systems for Indian lenders.
Frequently Asked Questions
Everything you need to know about CarmaOne CARMA Core
Compare CarmaOne
See how CARMA Core stacks up against legacy LOS/LMS point solutions and fragmented lending stacks.
Ready to Replace Your Fragmented Lending Stack?
Join leading banks, NBFCs and fintechs using CARMA Core. Book a demo and see the unified credit operations layer in action.