Open Credit Enablement Network APIs

These APIs are listed according to to the sequence shown on the Flow Diagram page, which is a typical API flow sequence used for creating and processing a loan:

A description for each section in the flow sequence can be found on the App Flow page.

Loan Applications APIs - Invoked by LSP to create a loanApplication for borrower for every eligible invoice with each lender. All available data on the borrower is sent.

• Create Loan Applications Request
• Create Loan Applications Response

Consent APIs+952 - Process where lenders judge all the loanApplications submitted by LSP on behalf of the borrower. Fetches bank account statements, GST historical data after checking with the AA

• Consent Handle Request
• Consent Handle Response
• Consent Status Request
• Consent Status Response

Offers APIs - LSP sends request to lender to analyze the data (GSTN, bank account statements, basic profile information, etc.), and create loanOffers. Once the borrower chooses an offer, LSP informs lender with "Set Offer Request" API.

• Generate Offers Request
• Generate Offers Response
• Set Offer Request
• Set Offer Response

Loan Acceptance Request APIs - Sent by LSP when the user agrees to the terms of the agreement.

• Trigger Loan Acceptance Request
• Trigger Loan Acceptance Response
• Verify Loan Acceptance Request
• Verify Loan Acceptance Response

Disbursement APIs (part 1) - Borrower selects disbursement plan and disbursement account

• Get Disbursement Plans Request
• Get Disbursement Plans Response
• Set Disbursement Plan Request
• Set Disbursement Plan Response
• Get Disbursement Accounts Request
• Get Disbursement Accounts Response
• Set Disbursement Account Request
• Set Disbursement Account Response

Repayment APIs (part 1) - Borrower selects one of the repayment plans sent by lender

• Get Repayment Plans Request
• Get Repayment Plans Response
• Set Repayment Plan Request
• Set Repayment Plan Response
• Set Repayment Plan Status Request
• Set Repayment Plan Status Response / Webhook

Consent APIs - Process where lenders approve/disapprove repayment plan, disbursement plan, and disbursement account submitted by LSP on behalf of the borrower after checking with the AA

• Consent Handle Request
• Consent Handle Response
• Consent Status Request
• Consent Status Response

Grant Loan APIs (part 1) - LSP submits the completed loanApplication on behalf of the borrower to the lender. Lender makes last minute check via Consent APIs to approve and create loan.

• Grant Loan Request
• Grant Loan Response

Disbursement APIs (part 2) - LSP requests the lender to disburse funds to the borrower.

• Trigger Disbursement Request
• Trigger Disbursement Response
• Trigger Disbursement Status Request
• Trigger Disbursement Status Response

Repayment APIs (part 2) - LSP sends requests on behalf of the borrower to inform the lender to trigger repayment, and then confirm. Borrower should ensure sufficient funds are present in his bank account on the due date.

• Trigger Repayment Request
• Trigger Repayment Response
• Trigger Repayment Status Request
• Trigger Repayment Status Response
• Confirm Repayment

Other OCEN APIs (used for requesting loan information and dispute management)

Grant Loan APIs (part 2) - Other APIs invoked by the LSP to get a summary of the loan as of the current date, details of loan, account statement for the loan for a specified period, and the list of loans for the borrower.

• Loan Summary Request
• Loan Summary Response
• Get Loan Request
• Get Loan Response
• Loan Statement Request
• Loan Statement Response
• List Loans Request
• List Loans Response

Loan Dispute Management APIs - Sent by LSP to create a dispute in the lender system for an issue that is faced by the borrower.

• Raise Dispute Request
• Raise Dispute Response
• Dispute Status Request
• Dispute Status Response / Webhook

Meta APIs - "Heartbeat" API is used by the LSP to check if the lender system is up and running

• Heartbeat
• Meta APIs Reference Tables