Credit Lite - Multi Branch Loan & Savings Management System v2.5

Version 2.5 – 03/April/2025

+ Fixed balance column in repayment schedule

Version 2.4 – 20/March/2025

+ Fixed flat rate and fixed rate loan repayment amount issue.

Version 2.3 – 12/March/2025

+ Changed Loan Penalty calculation.
+ Added Member details in deposit and withdrawal page.
+ Added member's current balance to the deposit and withdrawal pages in the admin panel.
+ Fixed some other minor issues.

Version 2.2 – 28/February/2025

+ Fixed interest posting issue when number of row more than one page.
+ Fixed interest amount for fixed and flat rate loan.
+ Fixed some other minors issues.

Version 2.1 – 14/February/2025

+ Fixed loan repayment status issue for the last due date.

Version 2.0 – 09/February/2025

+ Added bank accounts
+ Added bank transaction
+ Auto account creation while approving member registration request
+ Auto account creation while creating new member
+ Display all loan product details in customer panel while applying new loan
+ Admin can deduct loan repayment amount from user savings/chequing account directly from the repayment form.
+ Added loan amount transfer option to user savings or chequing account
+ Added repayment receipt printing feature
+ Added transaction receipt printing feature
+ Added option to access all branch to role based staff
+ Added all possible term period in loan product
+ Added upcoming loan repayments page in the admin panel
+ Added auto release date based on loan product max terms
+ Added loan payment notification
+ Added overdue loan payment notification
+ Added upcoming loan payment reminder
+ Added cash in hand report
+ Added bank account transactions report
+ Added bank account balance report
+ Added logo into report header
+ Update UI/UX

Version 1.7.1 – 23/September/2024

+ Fixed new loan product creating issues

Version 1.7.0 – 12/September/2024

+ Added repayment report
+ Added loan application fee
+ Added loan processing fee
+ Added total approved loan amount
+ Added total due loan amount
+ Fixed some other minor issues

Version 1.6.0 – 16/May/2024

+ 2FA Login integration
+ Auto Account Number Generation
+ Auto Loan ID Generation
+ Custom Fields for Members
+ Custom Fields for Loans
+ Auto Member ID Generate
+ Due Loan amount list in dashboard
+ Added Branch ID to members import
+ Allow decimal interest rate on savings product
+ Showing who created the loan
+ Minimum Balance for interest posting
+ Fixed repayment schedule issue after making a repayment
+ Fixed some other existing issues