The Mortgage Loan Scheme is a program that enables a loan organization, such as Citi Financials, Fullerton, etc. to advance in clear and safe conditions when lending the credits and in addition to the recovery procedure. The reason to exist is to plan a structure that robotizes the exercises of a loan association.
The current system is a manual work in which customers search for records, books, etc. to store the data as customer points of interest, subtle elements of the bank, credits issued, payments in installments, documents sent and subtle elements of the workers. It is extremely difficult to keep the information authentic. Likewise, businesses, in general, need to constantly buy stationary. It’s hard to keep vital data in books. More manual hours are required to generate the required reports. It is sad to monitor chronic information that needs a lot of space to keep all records, books, etc. of the previous year.
The proposed system is a product application that is far short of manual hours that should be used for record keeping and reporting. This application maintains centralized information, which is accessible to each of the clients at the same time. It is not difficult to monitor authentic information in the database. No specific preparation is required for representatives to use this application. As the information is unified, it is not difficult to keep the report of the organization’s background.
The System is proposed to have the accompanying MODULES:
- Employee data module
- Customer module
- Loan sort module
- Issued credits module
- Payment module
- Administrator module
- Report module.
Representative data module:
This module holds all the data, which has a place with the representatives who work with the organization. It also addresses the points of interest of the rep that functions as billing operators and recovery specialists, among others.
This module holds all the data about the subtle elements of the book and the book, and so on. No one, except the Manager, can include the new customers, the remaining customers can see the subtle elements of all the customers.
Advanced Sort Module:
This module manages the main and critical part that incorporates the type of breakthroughs and ideas about customers who have applied for a specific credit, and so on. This module provides an interface for including points of interest offered by customers to specific advancements, such as subtle vehicle elements for vehicle credits, subtle accommodation elements for accommodation advancements, subtle organizational elements for individual advancements, and age of the vehicle weight. vehicle. Gold for gold and other advances. This module also manages the relevant documents presented by clients as indicated by the requested credit.
The module of credits issued:
This module manages the main and critical part that incorporates the issuance of another requested customer or discards the request in light of the documents they send. This module provides an interface to include points of interest from the down payments issued and can be viewed as a report that shows all credits issued, down payments and pending requests.
This module addresses the major and significant part that incorporates the fees made by customers in light of the credit issued and the sum of the installment. This module provides an interface to include items from subtle dimensions and can be viewed as a report that shows each of the deliveries made by customers. Only accountants and agents can make deliveries. The remaining customers can see the points of interest of the considerable number of deliveries.
This module is used to maintain the points of interest of the company’s customers. Clients are isolated in four classes: administrator, manager, accountants, and agents. The manager can include, delete, change and view the points of interest of the representatives, experts, and accountants.
This report module used to give reports required by the higher administration. To create dynamic reports like data about the Released credits, Payments, Rejected Applications, Submitted Papers and Finance Report and so on.
Download the below attached Online Loan & Recovery Management System Java Project Abstract