Internship Project

Title-Improving the loan

funnel conversion
percentage
 About Leap

Leap Finance is Fintech, helping students and working

professionals in achieving their dream of study abroad. Leap
Finance started as an NBFC providing loan to the students for
studying in USA in 2019.
Later it added Counselling and international entrance test
preparation as a service as major part of its products. In May
2019 LeapFinance acquired Yocket as part of its growth plan in
Counselling and study abroad loan service
 About Yocket

Yocket is an online platform that provides information and resources

for students aspiring to study abroad. It offers a range of services and
features to help students throughout their study abroad journey, from
researching universities and programs to connecting with other
students and accessing useful tools.It provides University Search
,application guidance, visa assistance, educational loan assistance
as its major services
 Objective

To implement processes and systems to streamline the loan approval and disbursement
process To work on increasing leap Scholar leads from
To provide feedback on students journey with leap scholar
 Task Undertaken

Prepared Prepared Prepared

Documents email Individual
Checklist to be message Relationship
sent to template to be Managers
students shared with ( IRMs) MIS
the banks and sheet
students
 Task Undertaken

Student Consultation-

I engaged in frequent communication with students via phone calls,

actively listening to their requirements and study abroad plans. I
provided detailed information on various loan options available to them
and advised them on selecting the most suitable option based on their
financial circumstances and requirements.
 Task Undertaken

Document Collection-

Once students expressed their interest in a particular loan option, I

guided them through the document collection process. I meticulously
collected all the necessary documents, including proof of identity, income
statements, academic records, and any other supporting documents as
required by the respective banks..
Task Undertaken

Document Submission-

After ensuring the completeness and accuracy of the collected

documents, I promptly submitted them to the designated banks or
financial institutions for further processing. I meticulously adhered to
the banks' guidelines and procedures to ensure smooth and efficient
submission.
 Task Undertaken

Follow-up and
Status Updates-

I maintained a proactive approach by consistently following up with the

banks to monitor the progress of loan applications. I effectively
communicated with the banks' representatives, seeking updates on the
processing status, addressing any concerns or queries, and ensuring
that the loan sanctioning process was expedited..
 Task Undertaken

Documentation
Management

As part of my role, I also maintained a comprehensive and organized

system for managing student loan documents. I ensured the
confidentiality and security of sensitive information while managing and
storing physical and digital copies of documents in compliance with
relevant data protection regulations.
 Task Undertaken

Loan Funnel Bank Prospect Funnel

Log In
Lead Assigned
Multiple Login

Doc Pending Sanction

P .F.
B.P.
 Key Learnings

Importance of thoroughness and attention to detail.

Importance of Clear and concise communication with all
stakeholders Data organization and analysis
Consumer Behavior
Understanding of Credit
analysis