Email Contact Phone Company Visit Website

Location Head Office

244, Anna Salai


+91-44-3987 4000


Stephen McMaugh
[email protected]

Intellect Leasing

Intellect leasing solution is an end to end leasing lifecycle management system that caters to Finance Lease, Operating Lease and Rental options through its flexible parameter definition. It services all the lease lifecycle events including asset procurement, supplier management, rental schedule, residual value, VAT management, leasing maintenance and lease accounting.


Our View

Lease financing is increasingly viewed as an important financing tool for bank to leverage assets

Leasing is an important financial product and most of the banks are approaching the same to enhance their market share especially in auto finance and equipment funding. IFRS prescribes regulatory requirements for two major leasing products – Finance lease & Operating lease – that govern every bank that adopts IFRS standards.


Our offering

Easily adaptable System that supports all variants of Vehicle & Equipment leasing in parallel with conventional loans

Leasing solution has rich functionality around business product setup, flexible repayment options, multiple repayments modes, rescheduling, pre-closures and delinquency tracking processing. It also has a multi-lingual and multi-currency capability and supports multiple delivery channels. Leasing solution can coexist in the same system along with conventional loans with an option to create the product as lease or loan.

Key Features

v  Finance lease

·         Lease rental calculations with principal & interest breakup

·         Residual value calculations on lease rentals at the end of the tenor

·         VAT calculation and periodical Lease maintenance charges

·         Finance asset management

·         Income recognition as per IAS

·         Lease extension or sale of asset to customer

v  Operating Lease

·         Asset procurement and supplier management

·         Capitalization of incidental charges and insurance

·         Disbursal to supplier

·         Lease rentals calculation for operating lease

·         Asset depreciation based on straight line method & written down value

·         Recognition of lease rentals as income as per IAS

·         Re-lease to a different customer

Our Approach


At iGCB we believe in complete partnership, not just in being another ‘vendor’. We will engage with you during the creation of the product for your line of business with the system to ensure quick ‘go to market’ strategy and provide effective and efficient workarounds for your unique functionalities / processes. Our expert teams will also help in defining your ‘go-to’ process through pre-configured designed products. In addition to this, we provide you with near real-time scenarios to run the Business scenario simulation. Our experts also elucidate how to bundle the multiple business products with existing re-usable components.

·         We walk you through the standard limit creation and collateral types based on your business lines with the system.

·         Provide effective and efficient workarounds for your unique functionalities / processes.

·         Identify the interface touch points required for all your products and explain how CSH will be interfaced with all your existing products.

·         Provide you with near real time scenarios to run the Business scenario simulation. 

We aid quick implementation of the system in approximately 24 weeks.


Our Technology


The Intellect full-spectrum banking suite is built on Java, J2EE standards and is built from ground-up to be highly scalable, reliant with high-performance throughput with the ability to process up to 100 million transactions per day.

Having been built on open standards, the products within the Intellect suite are application-server and operating-system agnostic and are capable of being deployed in both on-premise as well as hosted-modes, giving customers high-degree of flexibility while driving down TCO.

The Intellect suite is SOA-compliant and incorporates robust service-enablement and powerful integration layers, with ready-made interface cartridges supporting several well-known backend product processors.

Intellect products feature a rich, elegant, easy-to-use, app-based user interface built using Intellect’s own proprietary Canvas Technology framework. The CORA (Configure Once Run Anywhere) aspect of Canvas Technology helps deliver a consistent user experience across form factors (desktop, tablet and mobile) and across platforms (Windows, iOS, Android).

Digital is the way forward for banks and financial services organizations. In fact, Digital encompasses everything of all types of banking. To enable them leverage digital, Intellect’s design philosophy, a key differentiator in developing solutions for the transformative agendas of CXOs, ensures a dramatic shift from disjointed digital activities to strategically aligned digital outcomes. The full spectrum advanced intellect suite of products is built on iDigital, which delivers a uniquely comprehensive digital platform to financial institutions



View other products from Intellect Design Arena

Intellect Global Consumer Banking ( iGCB)

iGCB, the consumer banking business of Intellect, is the preferred partner of leading global banks, driving their ‘Primary Banker’ aspiration. We have the world’s largest full-spectrum suite of consumer banking products spanning Core, Lending, Wealth, Mobile & Internet Banking, Cards and Central Banking. Our retail banking products power serious business benefits to over 100 banks in 36 countries – in …

Intellect OneLRM

With the emergence of regulatory norms like Basel III and Dodd-Frank, banks are beginning to invest more in improving their regulatory compliance and regulatory reporting infrastructures to meet the increasingly stringent demands of regulatory overseers. This can however negatively impact the profit margins of small and medium-sized banks. Intellect OneLRM provides a range of IP-led components …

Intellect OneTREASURY

Bank Treasuries across the world are increasingly concerned about optimizing liquidity, managing risk and delivering operational efficiency, in their endeavor to sustain the competitiveness of the bank in the global marketplace. They are looking to adopt systems which can help them to harness the power of risk data to enhance business profitability and drive performance …