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7. Co-lending deep dive

This section is the deep technical and operational view of co-lending. Use 1.2 Co-lending for the business framing, 2.6 Co-lending guidelines for the regulatory rules, and 3.G Co-lending module for the module surface.

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7.1 Operating model and flowsEnd-to-end flow with diagrams; CLM-1 vs CLM-2 specifics
7.2 Allocation engineHow loans are split, multi-partner allocation, waterfall
7.3 APIs and contractsEvery co-lending API contract — endpoint, payload, errors, webhooks
7.4 Settlement and reconciliationPeriodic settlement, reconciliation engine, exception handling
7.5 DLG monitoringDLG instrument tracking, invocation pipeline, reporting

Co-lending is operationally the most complex single module in the platform. It touches origination, decision, documentation, disbursement, LMS, collections, accounting, reporting, and partner-management — all with dual-lender constraints and a separate regulatory framework.

It is also the single largest scale lever for a sub-₹500 Cr lender (see Section 1.2). Investing in clean co-lending architecture pays back as soon as the second partner is integrated.