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Amorti

Repayment infrastructure

Cross-border repayment rails for Indian lenders

Collect loan repayments directly from borrowers’ overseas bank accounts, settle the exact INR instalment and reconcile every payment to the lender’s loan ledger.

Starting with overseas education loans.

Repayment pathSingle instalment
  1. 01

    Overseas bank account

    US checking account ····4102 · USD

    $993.40

  2. 02

    Local recurring debit

    ACH · 2 Aug 2026

    $993.40

  3. 03

    Currency conversion

    ₹86.40 per $1

    $980.90 → ₹84,750

  4. 04

    INR settlement

    Exact instalment amount

    ₹84,750

  5. 05

    Indian lender

    Collection account credited

    ₹84,750

  6. 06

    Loan account reconciled

    EDU-2291-4471 · Instalment 14

    ₹84,750

The problem

Indian loans were not designed for borrowers earning abroad

A borrower may earn in dollars, pounds or euros while owing a fixed monthly instalment in rupees. Repayment still depends on manually funding an Indian bank account before the lender presents the EMI mandate.

The borrower is quoted a rate when they send the money. What they cannot see is what arrives: correspondent-bank charges are deducted in transit, the transfer takes days to settle, and the EMI mandate is presented on a fixed date whether the funds have landed or not. So the borrower sends extra, and sends early, and guesses at both.

For the lender, the payment remains invisible until it reaches India. If the domestic mandate fails, collections teams may contact the parent or co-borrower without knowing that the borrower has already initiated the payment overseas.

  • Currency mismatch

    The borrower earns in one currency but owes a fixed instalment in another.

  • Manual monthly remittance

    The borrower must transfer money into India before every EMI.

  • Payment-in-transit blindness

    The lender cannot see whether the overseas payment has already been initiated.

  • Dependence on co-borrowers

    The lender often contacts the parent or co-borrower instead of the borrower earning abroad.

How it works

From overseas income to the Indian loan account

Four steps, each of which produces a state the borrower and the lender can both see.

  1. Step 1

    Collect locally

    The borrower authorises a recurring debit from the overseas bank account where their income is received.

    ACH · US checking account ····4102

  2. Step 2

    Calculate the repayment

    Amorti calculates the foreign-currency amount required to settle the upcoming INR instalment.

    $993.40 for ₹84,750

  3. Step 3

    Settle the exact INR amount

    The payment is converted and the required INR instalment is settled to the lender.

    ₹84,750 settled

  4. Step 4

    Reconcile the loan

    The repayment is matched to the correct borrower, loan account and instalment.

    EDU-2291-4471 · Instalment 14

Every payment carries one of these states

The borrower and the lender read the same status for the same payment, which is what makes it possible to hold collections activity while a payment is still in flight.

Scheduled
The collection is booked and the borrower has been notified of the amount.
Debit initiated
The instruction has been submitted to the borrower's overseas bank.
Processing
Funds have been collected locally and the conversion is under way.
INR settled
The instalment amount in rupees has been settled to the lender.
Reconciled
The payment is matched to the borrower, loan account and instalment.
Failed
The overseas debit was declined, so nothing left the borrower's account.
Retry scheduled
A second attempt is booked and the lender can see the date.

For lenders

Built around the lender’s repayment and collections workflow

Amorti is designed to sit alongside the systems a lender already runs, not to replace them.

  • Direct repayment from the borrower’s overseas source of income
  • Visibility before the payment reaches India
  • Exact INR instalment settlement
  • Loan-level payment reconciliation
  • Fewer avoidable NACH failures
  • Reduced dependence on parents and co-borrowers
  • Suppression of unnecessary collections activity
  • Failed-payment and retry visibility
  • Integration with loan-management and collections systems

Collections queue · Loan account

EDU-2291-4471

Processing
Borrower
A. Krishnan
United States · USD
Instalment due
₹84,750
Debit taken overseas
2 Aug 2026
$993.40 collected
Expected INR settlement
5 Aug 2026

Collections activity held

The payment has already left the borrower’s overseas account. Dunning and calling steps stay paused until settlement is confirmed or the payment fails.

No contact to the co-borrower in India

For borrowers

Repay an Indian loan from the account where you earn

The borrower keeps their relationship with the lender. What changes is where the money is collected from and how much of the arithmetic they have to do themselves.

  • Pay directly from an overseas bank account
  • Avoid manually funding an Indian account every month
  • Know the foreign-currency repayment amount in advance
  • Reduce the need to estimate FX buffers
  • Track whether the repayment is scheduled, processing or completed
  • Reduce the risk of an accidental missed EMI caused by transfer delays
  • Keep the borrower, lender and co-borrower aligned on payment status

Product

One payment, described the same way to both sides

The borrower sees what will leave their account and when. The lender sees the same payment against the loan it belongs to. The screens below use illustrative sample data.

Borrower view · Loan account

EDU-2291-4471

Education loan · Instalment 14 of 84

Processing

Instalment due

₹84,750

Owed to the lender, in rupees

We debit

$993.40

From the USD account on 2 August 2026

Exchange rate Sample data
₹86.40 per $1
Converted amount
$980.90
Buys ₹84,750
Estimated fees
$12.50
Total debited
$993.40
Settled to the lender
₹84,750
Scheduled debit date
2 August 2026
Expected application to loan
By 5 August 2026
Subject to confirmation by the lender
The local-currency amount changes month to month with the exchange rate. The borrower is told the amount before the debit is taken.

Payment timeline

  1. Scheduled

    26 Jul

    Collection booked and the borrower notified of the amount.

  2. Debit initiated

    2 Aug

    Instruction submitted to the overseas bank.

  3. Processing

    3 Aug

    Funds collected locally; conversion under way.

  4. INR settled

    Instalment amount settled to the lender in rupees.

  5. Reconciled

    Matched to the loan account and instalment.

Lender view

Overseas repayments

August 2026 collection cycle

Sample data

In transit

2

Reconciled

1

Failed

1

Illustrative list of overseas loan repayments and their status
BorrowerLoan accountCountryINR instalmentStatus
A. KrishnanEDU-2291-4471United StatesUSD₹84,750Processing

Collected locally, conversion under way

S. MenonEDU-2288-1902United KingdomGBP₹62,400Reconciled

Posted to instalment 21

N. IyerEDU-2304-7715AustraliaAUD₹48,900Debit initiated

BECS instruction submitted

R. PillaiEDU-2276-3348GermanyEUR₹71,250Failed

SEPA debit declined by bank

D. RaoEDU-2281-6690IrelandEUR₹58,300Retry scheduled

Second attempt on 9 Aug 2026

K. NairEDU-2299-5023CanadaCAD₹55,600Scheduled

Borrower notified of the amount

Market

Starting with education loans. Built for a much larger repayment market.

India receives approximately $129 billion in inward remittances annually. However, recurring Indian financial obligations are still largely serviced through domestic accounts and payment rails.

Amorti will begin with overseas education loans, where borrowers often move abroad before repayment begins. The same infrastructure can later support home loans, personal loans and other recurring financial obligations owed in India by people earning overseas.

Inward remittances to India, annually

≈ $129 billion

  1. Starting here

    Overseas education loans

    Borrowers often move abroad before repayment begins, so the income and the obligation are in different currencies from the first instalment.

  2. Later

    Home loans

    Property in India serviced from income earned overseas, on the same monthly cadence.

  3. Later

    Personal loans and other recurring obligations

    Any fixed rupee commitment repaid month after month by someone earning outside India.

About

Built at the intersection of payments and collections

Rohit Ramachandran

Founder

LinkedInrohit@amorti.money

Amorti is founded by Rohit Ramachandran.

Rohit previously founded Neowise, a debt collections technology company that was acquired by Decentro, an RBI licensed payment aggregator funded by Info Edge Ventures, Rapid Ventures and Y Combinator.

Neowise managed more than $700 million in AUM across 10 million loan accounts and employed over 150 in-house debt collections advisors.

Before Neowise, Rohit worked at Electronic Payments and Services, where he built payment products and integrations for Indian banks across areas including EFT switching, IMPS, UPI, AEPS and card issuance and management infrastructure.

While building Neowise, Rohit repeatedly encountered the repayment problems faced by lenders when borrowers moved abroad. Amorti sits directly at the intersection of his experience in payments, loan servicing and debt collections.

Contact

Contact Amorti

For lender, banking, payment-partner or investor conversations, contact us directly.

Or email the founder directly

rohit@amorti.money

Messages about integrations, payment rails or partnerships go directly to Rohit Ramachandran, the founder.