About PawnR
PawnR is a pawn broker and gold loan management software for Indian pawnshops. It automates loan processing, interest calculations, customer record keeping (KYC), and compliance reporting, including Form D3.
PawnR is a specialized pawn broker and gold loan management software developed by Meenakshi Solutions, specifically tailored for the Indian market. The platform digitizes the entire pawnshop workflow, from customer KYC and onboarding to loan creation, valuation, and compliance. It supports various complex interest calculation schemes (flat, daily, slab-based) and handles intricate transactions like repledges and partial payments. Key features include automated interest calculation, detailed audit-ready reporting with Form D3 compliance, and customer management with SMS alerts. PawnR is a web-based, cloud-hosted solution, ensuring accessibility and data security. Pricing is not publicly listed and requires a quote. Support is offered via phone and email, with a focus on the Indian market, particularly Tamil Nadu.
Pros & Cons
- Specifically designed for the workflows and compliance needs of Indian pawnshops.
- Automates complex interest calculations, reducing manual errors.
- Generates mandatory compliance reports like Form D3.
- Supports complex transaction types including repledges and partial payments.
- Offers a 30-day free trial to evaluate the software.
- Pricing is not publicly available and requires contacting the vendor for a quote.
- The software is highly specialized for the Indian market, which may limit its applicability elsewhere.
- No public documentation, knowledge base, or community forum is available for self-service support.
Features
Key features
Manages the entire lifecycle of gold loans, including valuation, pledging, and repledging.
Supports flat monthly, daily, and slab-based compound interest schemes common in India.
Digitally captures and stores customer identity documents and history for legal compliance.
Handles complex transactions like repledging, partial interest payments, and loan top-ups.
Generates detailed financial reports, including the mandatory Form D3 for Indian authorities.
Sends automated notifications to customers for due payments and other updates.
Additional features
Generates a new loan profile in under 60 seconds.
Records details of pledged items, including weight, purity, and market valuation.
Maintains a comprehensive database of customer information and loan history.
Offers interfaces in multiple languages, including English and Tamil, to support local staff.
Employs encryption to protect sensitive customer and loan records.
The product page mentions POS integration as a highlight.
Supports verification of customer identity as part of the workflow.
Provides analytics on business performance through detailed reporting.
Pricing
Countries & Languages
Available in
Interface languages
Billing currencies
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About PawnR
PawnR is a pawn broker and gold loan management software for Indian pawnshops. It automates loan processing, interest calculations, customer record keeping (KYC), and compliance reporting, including Form D3.
PawnR Details
PawnR's In-App Market Place
Does PawnR have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
0
Mini Apps
Pricing Options
Accepted Payment Currencies
INR
Pros & Cons
- Specifically designed for the workflows and compliance needs of Indian pawnshops.
- Automates complex interest calculations, reducing manual errors.
- Generates mandatory compliance reports like Form D3.
- Supports complex transaction types including repledges and partial payments.
- Offers a 30-day free trial to evaluate the software.
- Pricing is not publicly available and requires contacting the vendor for a quote.
- The software is highly specialized for the Indian market, which may limit its applicability elsewhere.
- No public documentation, knowledge base, or community forum is available for self-service support.
PawnR's Support Options
Email Address
jagan@meenakshisolutions.comContact
+91 9894883824PawnR's Alternatives
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