AI-driven credit assessment technology 


Pepper Advantage has acquired LoanGuard, a specialist AI-driven credit management software platform in India. This acquisition brings exciting technology to Pepper Advantage’s growing ecosystem of credit intelligence offerings.



AI Credit Assessment Technology

Assess a near limitless volume and range of loan documents


LoanGuard is a market-leading AI and ML solution created specifically for the financial services industry. It is a credit risk tool that can assess loan application documents at scale, including various forms of ID, bank statements and utility bills. Alongside socio-demographic analysis, it is able to help with credit decisioning, identify fraud risks and boost efficiency across a wide range of tasks by delivering a risk assessment report directly to your inbox.

Credit risk evaluation

LoanGuard is a predictive pre-payout credit approval tool which uses socio-demographic and profile-based analysis to assess loan application documents and complete real time checks against authentic sources and a rules-based engine for KYC and risk determination of income.

Indian investment expert

Fraud Prevention

Stopping multiple millions in fraudulent applications, LoanGuard delivers end-to-end checks of the loan application documentation including identifying fraud risks and other suspicious behaviour prior to credit approval.

Phishing, mobile phone hacker or cyber scam concept. Password and login pass code in smartphone. Online security threat and fraud. Female scammer with cellphone and laptop

API integration

Algorithm driven, LoanGuard can be integrated directly into the loan originator’s credit management systems via API, providing a scalable, holistic, contextual and relationship-driven platform to evaluate loan application and portfolio risk analysis.


Automated transaction monitoring

Our automated transaction monitoring is vastly superior to the manual and individualised internal processes that commonly slow down credit applications across India’s financial services sector.

Close up of woman shopping use credit card and smartphone

LoanGuard Risk Assessment | Accuracy 98%


From small ticket unsecured retail loans through to mid-size and high-ticket SME or secured loans, Loanguard can perform the full range of credit risk assessment services to 98% accuracy.

LoanGuard enables Lenders to make appropriate and faster decisions to extend Credit


Banks and lenders are exposed to many credit risk concerns including identity theft, overstated income, tampered or fake documents, lack of authentic sources and multiple loans. And often this multi-point assessment process is carried out by different departments or in silos.


By using rule based triggers, external validations and a unified AI driven analysis process, LoanGuard assesses third party reports and machine readable documents to eliminate these concerns to 98% accuracy. This real time solution provides a comprehensive digital assessment of profile, financial and asset based risk.

PA Website_Laptop Screenshot

LoanGuard in action

Identifying potential fraud, analysing financials and providing severity ratings for all loan types
As at 30 June 2023
Loan Applications processed
Documents checked
Pages analysed
Different document types
Rule based triggers

Trusted by leading Indian banks


Currently used by a range of major banks and non bank financial companies across the public and private sector, we intend to expand its applicable market in India to include fintechs, microfinance companies, small finance businesses, co-operative banks, insurance and government institutions.


Axis Finance
Bajaj Auto Finance - Logo-2
Tata Capital - Logo.
HDFC Housing -Logo
CLIX Capital
Piramal Housing Finance - Logo
svakarma finance
The Kalyan Janata Sahakari Bank Ltd

Information Security Standards

Pepper Advantage holds ISO/IEC 27001:2022 certification in both India and Indonesia, ensuring robust information security management systems in place.

How it works

Risk assessment made easy


Process all your loan applications for a comprehensive risk evaluation.

  • 1

    Loan application

    Applicants apply for a loan and provide their supporting documents.

  • 2

    Risk Determination

    The loan application and supporting documents are reviewed by LoanGuard using AI-driven technology.

  • 3

    Profile Analysis

    A full profile analysis and financial risk assessment is run on the loan application.

  • 4

    Risk Report

    A risk assessment report is generated and includes a detailed set of risks found with the loan application. This ranks and prioritises the risk depending on severity.

  • 5

    Credit Assessment

    The credit assessor or loan underwriter is now equipped to evaluate the risk of the loan application based on credit intelligence provided.

Key benefits


Access a scalable platform to evaluate risk inherent in loan applications, pre-payout. LoanGuard is vastly superior to current manual, individual and slow internal processes required to assess the documentation associated with loan applications.

Scalable on demand without needing more resources icon

Scalable on demand without needing more resources

Bank statement analysis icon

Bank statement analysis

Verify authenticity of documents icon

Verify authenticity of documents

Algorithm driven with digital assessment and evaluation icon

Algorithm driven with digital assessment and evaluation

Standardised checks across products and geography icon

Standardised checks across products and geography

Accurate, granular and consistent outputs for the credit assessor icon

Accurate, granular and consistent outputs for the credit assessor

A continuous feedback loop which enriches the platform on a regular basis icon

A continuous feedback loop which enriches the platform on a regular basis

Extensive cross verification of the applicants attributes icon

Extensive cross verification of the applicants attributes

LoanGuard makes risk assessment easy

LoanGuard Process Image

Value-add services available through LoanGuard

By extension, LoanGuard provides to following additional services to support credit underwriting and manage credit risk.


icon - Transaction Monitoring

Transaction Monitoring 

From financial and EMI monitoring to analysing scoring and reportingacross all loan products.

icon - Real-time Risk Scoring

Real-time Risk Scoring 

Understand the risk score on your current loan book, categorise risk or set up early warning triggers.

icon - Physical Asset Verification

Physical Asset Verification

LoanGuard provides field and tele-verification services which span multiple cities and languages.

icon - Asset Geo-Tagging

Asset Geo-Tagging

To verify collateral or assets, LoanGuard provides digital, physical and document validation.

Get the full Advantage


Available today as a standalone solution in India and part of a fully managed service provided by Pepper India Resolutions, we have also started the process of integrating our AI credit assessment platform into our own industry-leading, end-to-end credit management platform.  


Talk to our experts