Introducing GIX Verify: one standard for every loan file
Automated screening, sampling and CMA for banks, NBFCs and co-operative lenders, organised by loan product.
Read · 3 minA single fraudulent file can look perfectly clean. The giveaway is often what it shares with other files: the same mobile number, the same address, the same bank account, or the very same salary slip with a different name on it.
Signals worth watching
- One mobile number or email on applications from unrelated people.
- Several applicants giving the same residential or office address.
- A bank account used to receive or repay on more than one unrelated loan.
- An identical document, or a document from the same template, appearing on another file.
- One sourcing channel with a much higher share of Red files than others.
Why it is hard to do by hand
No reviewer can remember thousands of files. These links only show up when every file is indexed and compared automatically, the moment it arrives.