Documentation Loan Processing

Loan Management System is used to automate the back office activities of bank and finance company offers any type of loans. From an end-user perspective, the Loan Management System Project consists of two functional elements: Security Module, Customer and Loan transaction Module and a Query Module.

Today is the need of finance in every aspects of life. As we know these days’ different bank and finance company coming up with new finance product every month. In such competitive environment, so only selling the finance product is not the only target, but providing excellent service to the customer for long period is the next major task. Therefore, system has to come up that can handle back office activities, otherwise manage this activities of huge numbers of customer adapt and loan transaction might become cumbersome and headache is not taken seriously.

Therefore, proposed “Loan Management System” has been designed to automate the back office activities of bank and finance company offers any type of loans. System can make the daily activities efficient and providing the fast response.

Security module

Security modules include security features like user management and application level password management..

* Maintain user master- Each user identified by the user name and user type. Only admin user can create, edit user information.

* Password must be 6 characters long.

* Password must be alpha numeric.

* While creating user system assign default password for the user, user must change default password for first time login.

* All login time stamp stored in the system for security audit.

* Access level and roles and privileges are set for different type of users.

Customer and Loan transaction module

Customer and loan transaction module includes Loan Type, Customer, Issuing Loan, EMI Calculation, Receive payments.

* The System Administrator can able to add, modify loan type like Home Loan, Personal Loan, can modify the interest...