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LOAN APPLICATION AND VERIFICATION
MANAGEMENT SYSTEM
AIM OF THE PROJECT

The project has been developed to smoothen the processing of Loans in banks. Our proposed project automates the loan

process from both, bankers as well as customer’s side.

Customer can apply for a loan and after approved it they can track their details from online. LOAN MANAGEMENT

SYSTEM is a very efficient process to handle all loan related transaction in a very accurate and convenient way.

Bank loan management system is an interface which facilitates a customer to apply for a loan online and to track the status

from time-to-time. This system provides detail about the customers, their loan details, EMI details and its rate details.

Using with this system admin can find customer details easily and it’s a paperless system so workload is reduced. It is very

helpful for those banking staffs who are in the charge of loan management, it provides a very reliable and convenient

form for every loan and EMI related transaction and their related details.

 Interest rates and the loan details are also available at the click of a mouse. Bank loan management system is unique in

such a way, it not only helps the customers but also the loan agency to check the pending, assign it to a departments

complete the formalities and procedures between the departments and arrive at decisions to very fact.
OBJECTIVE OF THIS PROJECT

 Using this application user will get the Loan online application and the EMI History.

 This app help the users to maintain the good CIBIL score for the future loan sanctions.
SOFTWARE AND HARDWARE REQUIREMENTS
HARDWARE REQUIREMENTS:

 Processor : intel 3

 Motherboard : intel 915gvsr chipset board

 Ram : 4 gb ddr2 ram

 Hard disk drive : 160 gb

SOFTWARE REQUIREMENTS:

 Front end : html5, css3, bootstrap

 Back end : php, mysql

 Control end : angular java script

PHP TOOLS:

 xampp-win32-5.5.19-0-VC11

ANDROID TOOLS:

 Android Emulator

 xampp-win32-5.5.19-0-VC11

 Android Studio
EXISTING SYSTEM

 At present the finance division does not have any automated system to manage the data of Loans.

 They have to rely on manual system which is time consuming. Existing system doesn't maintain details with proper security
and can’t track details easily.

 It doesn’t allow the customer to check their profile in proper way which leads customer dissatisfaction. And any addition,

deletion or modification to any data or retrieval of data requires lot of time and effort .
 Existing system doesn’t contains functionalities of fast retrieval information such as customer details and maintenance of all
the loan details so it involves lots of paperwork.

 In the present system a user can be reminded with the calculated CIBIL score based on the repayment of the loans that the
user availed.

 This often requires a lot of time and effort as it a manual system of the admins.

 A customer may not get the desired information from these offices and often the customer may be misguided. It is tedious for a
user to get a proper guidance to repay the loan due.
DISADVANTAGES OF EXISTING SYSTEM

1. It is time consuming​

2. It consumes lot of manpower to better results​

3. It lacks of data security​

4. Retrieval of data takes lot of time​

5. Percentage of accuracy is less​

6. Reports take time to produce

 PROPOSED SYSTEM

 The proposed system is a web based automated application and maintains a centralized repository of all related
information.

 The system maintains the records of the loan details for every user. On a regular basis it notifies the users to pay
their loan amount

 The customer can directly apply for a loan by application and loan type from the list available.

 Here once the customer fills basic enquiry form, it reaches the bank server so he gets a login id password. The
application is received by loan agency who will have Admin to approval.

 The customer just needs to upload needed documents online and can also track loan status.

 The administrator or final approving authority views both types of reports, Viz, the reports from verification
department and the report legal department.

 This will help him to take a decision regarding whether to forward it to the bank or not. The same is communicated to
the customer.
 ADVANTAGES OF PROPOSED SYSTEM

The Project has several features and easy to manage. 

1. The System is user friendly. 

2. Cost effective. 

3. Back up support. 

4. Secured Data. 
MODULE LIST
USER/ PARENT

 Register

 Login

 Apply for Loan scheme

 Upload 4 documents

 Adhaar Card, Pan Card , IT return, Salary Slip

 Check Status

 View EMI History

 Manage Profile
MODULE LIST
ADMIN

 Login

 Manage Loan Scheme

 Verify Application process

 Manage Loan Application

 Approve/Reject

 Manage EMI History Details

 View Registered Users

USECASE DIAGRAMS

ADMIN

Login

View User Details

Admin
View Loan Appliation

Update Loan Status

View EMI History

USECASE DIAGRAMS

USER
Register

login

View Loan Details

Apply Loan

User
View Loan Status

Download File

View EMI History's

My Profile
WORK FLOW DIAGRAM FOR ANDROID
WORK FLOW DIAGRAM FOR WEB APPLICATION
SCREENSHOTS
SCREENSHOTS
CONCLUSION

 In this paper, we presented the design and implementation of a Loan online application system, with which mobile users can
get status check if they did not pay their loan amount.

 In particular, users can get an idea of loan repayment also implement in the application.

 So that even the financially helpless people will have the solution for their financial problem.

 It helps to maintain the good CIBIL score records for the users.
 FUTURE ENHANCEMENT

 In Future work, This application to develop a cross platforms like IOS, etc.

 In adding the more features of loan application and verification management system to develop access with user’s
flexibility.

 To authenticate the users based on the system users list which is maintained by the operating system

 To restrict the usage of all files by the users based on their privileges on the system
REFERNECES

 Credit scoring Case study in data analytics, pp. 1-18, April 2016.

 H. Abdou, J. Pointon, A. El-Masry, "Neural nets versus conventional techniques in credit scoring in Egyptian
banking", Expert Systems with Applications, vol. 35, no. 3, pp. 1275-1292, 2008.

 L.C. Thomas, "A survey of credit and behavioural scoring: forecasting financial risk of lending to consumers",
International Journal of Forecasting, vol. 16, no. 2, pp. 149-172, 2000.

 M. Vojtek, E. Kocenda, "Credit-Scoring Methods (in English)", Czech Journal of Econimics and Finance, vol. 56,
no. 3–7, pp. 152-167, October 2014.

 B. Wah, S. Huat, N. Huselina, M. Husain, "Expert Systems with Applications Using data mining to improve
assessment of credit worthiness via credit scoring models", Expert Systems With Applications, vol. 38, no. 10, pp.
13274-13283, 2011.

 T. Bellotti, J. Crook, "Support vector machines for credit scoring and discovery of significant features", Expert Syst.
Appl., vol. 36, pp. 3302-3308, 2009.