Device Financing Infrastructure for Indian Lenders and Retailers
Digital key and EMI collection infrastructure — onboard faster, collect more, and keep control of every financed device.
Also available: remote device locking, app-level restrictions and IMEI binding for financed mobile phones.
What We Do
EMI collections and device locking — in one platform.
Two purpose-built products for lenders, distributors and retailers who finance devices.
Automate every EMI cycle.
Collect instalments through Cashfree UPI e-mandates and direct UPI — with auto-debit on the due date, advance payments, foreclosure and settlement tracking across your whole network.
Access DashboardCut defaults at the device level.
Digital security keys bound to a device IMEI that lock on default and release on payment — plus selective app restrictions. Built for lenders, distributors and mobile retailers.
Access DashboardWho We Serve
Device financing solutions for every kind of business.
From regulated lenders to single-store retailers — Suvidha EMI fits your financing model.
NBFCs & Regulated Lenders
Secure every financed asset with digital keys, IMEI binding and real-time loan tracking.
Distributors
Manage your retailer hierarchy, allocate key plans and track settlements from one dashboard.
Retailers & Mobile Stores
Onboard customers, run KYC, bind devices and collect EMIs straight from the store.
Device Financing Companies
Run the full financing lifecycle — disbursal, repayment, restriction and recovery.
Enterprise Fleet Operators
Keep granular control over large device fleets issued to staff or partners.
What you can do
Built for every stage of the loan.
EMI Collections
Automate instalment collection with Cashfree UPI e-mandates — auto-debited on the due date, every cycle.
Remote Device Locking
Lock or unlock any financed device in one click, based on real-time payment compliance.
App Restrictions
Block WhatsApp, YouTube and more on defaulting devices — without fully locking the phone.
Digital Security Keys
Bind one key per device by IMEI, so a financed handset can never be swapped undetected.
DigiLocker KYC
Verify customer identity in seconds with government-backed DigiLocker via Surepass.
Settlements & Payouts
Track collections, commissions and payouts across distributors and retailers in real time.
Why Suvidha EMI
Device financing infrastructure built for depth.
- Go live in 48 hours
- Higher recovery efficiency
- Complete device control
- Dedicated Account Manager with 24x7 Support
- Custom workflow flexibility
- On-time settlements
Our Impact
India's fastest growing device financing infrastructure.
Retailer App
Your counter. Now a financing desk.
Onboard a customer, run DigiLocker KYC, bind the device to a digital key and set up the UPI e-mandate — all from the retailer app, before the customer leaves the shop. Loan status, EMI health and lock state stay in sync with the admin dashboard in real time.
Testimonials
“This platform transformed our device financing. Recovery rates improved by 40% using the smart locking keys, and our field team no longer chases customers door to door.”
“We finance about 200 handsets a month. Binding each phone to its IMEI and a digital key means a defaulting device gets restricted the same day — no arguments, no recovery agents.”
“The e-mandate setup at onboarding is what makes this work. EMIs auto-debit on the due date, and the dashboard shows exactly which loans are healthy and which are slipping.”
Get started
Let's secure your financed devices.
Talk to us about your use case and we'll show you exactly how Suvidha EMI fits.
100% asset control · Instant remote locking · T+1 settlements
FAQs
Frequently asked questions
A digital security key is a licence that binds one financed device to your account. Once a key is assigned to a device's IMEI, that device can be locked, unlocked or app-restricted remotely from the dashboard. One key secures one device for the life of the loan, and the key returns to your pool once the loan closes.
Every financed device is tracked against its EMI schedule. When an instalment is missed, Suvidha EMI applies the configured action automatically — a soft restriction that blocks selected apps, or a full device lock. The moment the customer pays, the device is released without anyone visiting the store.
Customers can set up a Cashfree UPI e-mandate at onboarding so each instalment is auto-debited on the due date. They can also pay manually from the EMI payment page, prepay several upcoming instalments to stay unrestricted for longer, or foreclose the loan by paying the full outstanding amount — which unlocks the device permanently.
Customer identity is verified in seconds using government-backed DigiLocker through Surepass — no photocopies and no waiting. Your own business completes a one-time KYC as part of partner onboarding, which is a standard requirement for anyone running financing and collections in India.
No. Each loan is bound to the device's IMEI number at the time of binding, so the financed handset is uniquely identified and cannot be swapped or tampered with undetected. Any mismatch is surfaced on the dashboard straight away.
Settlement happens on T+1 — collected funds are credited to your account on the next business day after a successful debit. You can track every collection, payout and pending settlement per distributor and retailer in real time from the dashboard.