Online Loan Management System

Aqeel Hussain Soban Ahmad Waqar-ul-Malik Hamza Naseer Mehzad Asghar

Member's Included

Getting a loan is a very tiring and complicated process in Pakistan. It may take weeks evenmonths for loans to get approved and people have to visit the loan office again and again fordocument and verification. Here our proposed project automates the loan process from both,bankers as well as customer’s side. Here customers may see various loans provided along with rate of interest and required documents.

Introduction

Perfect for Emergencies Convenience Easier Access Lower Rates Numerous Options Round-the-Clock Service Saves Time

Advantages of online loan

High fees and interest rates Short repayment course Vague terms and condition

Dis-Advantages

Our program wants the users current situation that why he needs money for further process. Furthermore, this program stores CNIC & Bank account no of the user for securing the transaction. Our user has to provide some guarantee (govt Job holder of some person’s property) on behave of which we can pay loan to them. As per policy of our system or program attach 7% of interest on whatever the credit wants.

Description

User Current situation CNIC Bank Account Government Job Holders Personal Property Interest

Requirements of system

For what purpose he needs loan & how much loan he needs, is he able to return the loan back within time according to loan policies

CNIC Government CNIC number, name on CNIC, address on CNIC, Gender on CNIC

User Current situation

Bank account User account must be in government bank. User must provide the bank documents for

completing the process.

Government Job Holders User jobs institution Users salary must be 25,000 minimum. Name of institution

Bank Account

Users must have a property that is under the government & if he runs away or not pay his loan, on which we claim.

Interest We add 7% of interest on whatever the

credit users want.

Personal Property

Modeling for Online LoanManagement System & its

Verification

Context Diagram

Use case Diagram

Use Case Table:

Sequence diagram

Class Diagram

Activity Diagram

State Diagram

State Diagram table:

We want to make loan system easy better & quick for everyone, that’s why we created online loan system management we created this system according to the needs of the user with this a person can easily avail the services of loan without any hassles.

Conclusion