Effective loan management is crucial for financial institutions to ensure timely disbursement, accurate record-keeping, and risk mitigation. The “Loan Management System” project focuses on developing a software-based solution to manage loans efficiently, from application processing to repayment tracking.
The project explores system design, workflow automation, database management, and reporting tools that simplify loan processing and improve transparency. It also addresses common challenges such as monitoring overdue payments, calculating interest, and maintaining customer records. This study provides a comprehensive understanding of practical solutions in financial software management.
Objectives
The following objectives are formulated for the proposed study:
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To design and implement a system for efficient loan processing and management.
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To automate calculations, record-keeping, and repayment tracking.
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To reduce errors and enhance transparency in loan transactions.
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To provide practical insights for financial institutions to manage loans effectively.
- Guidelines for BCSP-04
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