loan page | Execution Lifecycle

INITIATION – Initiate the process from agent workplace or any online channel.
– Obtain customer consent for data collection and processing.
DATA COLLECTION – Collect data from external systems (public and commercial registers).
– Use connectors to internal systems from CRM to core banking.
– Enrich and validate data manually (if required).
EVALUATE – Evaluate the loan request by applying automated scoring methods and algorithms.
– Optional manual approval process in compliance with Powers to Act matrix.
CLOSE THE DEAL – Generate loan agreement for signing
– Register the agreement in core banking system and credit bureaus.