Qorus-Infosys Finacle Banking Innovation Awards 2025

SIB Power Drive–Vehicle Loan Origination System (LOS)–Instant &Paperless auto loan journey

Submitted by

South Indian Bank

Logo of South Indian Bank
Get in touch
premium
Q+
11/06/2025 Banking Innovation

About

Developed completely in-house, VLOS enables instant sanctioning through API integrations with credit bureaus, dealers and the core banking system. It eliminates paperwork, reduces turnaround time from days to minutes, and enhances customer experience

Want to keep reading?

Become a Qorus member to get access to all our innovations

Check our offer

Interested in learning more? Speak to Boris, Qorus's Content Lead

Qorus has a library of almost 8,000 innovation case studies across critical areas like customer experience, sustainability, marketing & distribution and more that can be used to inform your decision-making.
Contact us

Related Content

Banking Innovation XPeriment Innovation Platform
Banking Innovation Instant Vehicle Loan
Banking Innovation Cash Manual Payments Extraction and Processing with AI
Banking Innovation NPSS-Instant Payment platform.
Banking Innovation EvolveX pre-approved loans
Banking Innovation Automobile Loan Disbursement Project through Integration with TOGG.
Banking Innovation SIB GST Power Business Loan–Fully Automated MSME business loan sanction using GSTR-based STP
Banking Innovation Smart Loan - E2E digital