Abstract:
India’s lending process is tedious. Loan approval might take weeks or months, and applicants must return to the loan office for document verification. Our project automates the lending procedure for bankers and customers.
Customers can compare loans, rates, and documentation here. After filling out the basic enquiry form, the bank server sends the consumer a login ID and password. The server administrator can review it and decide whether to accept or reject the candidate.
Banker may send consumer to next stage if needed. Stage 1 approval requires the customer to login and upload his scanned documents.
The server checks the papers and replies. The system server surreptitiously tracks the computer used to submit papers to the bank server for bank verification to collect the person’s location and image.
Online alerts to customer emails allow the bank to check customer information and seek additional documents. Customers can upload papers online and follow loan status. His loan approval is confirmed through SMS.
Note: Please discuss with our team before submitting this abstract to the college. This Abstract or Synopsis varies based on student project requirements.
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