• MILAN (Minority Loan Accounting for NMDFC) is the Software launched by the National Minorities Development and Finance Corporation for digitising loan accounting processes and integrating the MIS portal, including the release of mobile apps for Android and IOS.
• Key Features of MILAN
○ Online Loan Application: Applicants can submit loan applications online through the MILAN portal, eliminating the need for physical paperwork.
○ Integration with MIS Portal: MILAN integrates with NMDFC's Management Information System (MIS), which houses data for over 14.57 lakh beneficiaries.
○ Transparency and Efficiency: By digitizing the loan process, MILAN enhances transparency and speeds up transactions between applicants, State Channelizing Agencies (SCAs), and NMDFC.
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