Automated Loan Processing System
High volume of loan applications processed manually
Verification of paychecks meeting eligibility criteria
Tracking status and maintaining follow up of each applicant was a tedious task
Auto retrieval of submitted loan documents
Capture key values using AI-based OCR
Calculations, eligibility segmentation, and emailing of results are automated.
Integrate process data with loan approval system.
Delays in processing loan applications
Automated loan approval process
200% Reduction in loan approval process time
100% Reducing time spent on repetitive tasks