Loan processing for lenders · by aQb Solutions

Automate Loan Document Processing and Exception Review.

LoanLens is loan document processing software that reads documents, fills in the application and checks it against your lending rules.

Video transcript

Overview: LoanLens extracts data from identity, address and income documents, completes the loan application and explains the outcome of every lending-rules check. The final decision remains with the loan officer.

Illustrative market: the film follows a loan officer at a lender in India.

Please note: certain checks shown in the film are simulated.

Meet Meera, a loan officer at a lender in India. Every morning, applications arrive as stacks of documents: PAN, address proof, bank statements and salary slips. She checks each one by hand, chases what is missing, and fixes names that do not match. Then she tries LoanLens by aQb Solutions, an AI loan file assistant for lenders and their applicants. An applicant picks a loan product and an applicant type. He uploads his documents, each in its own slot. AI reads every document and fills in the form, with a confidence level for each field. Where documents disagree, he chooses the right value or types his own. LoanLens then applies the lending rules, and every result comes with an explanation. Twenty rules pass, and one is flagged for Meera to review. She opens one detail report, with every rule result and a full audit trail. LoanLens prepares the file. Meera makes the decision. Some checks are simulated. Faster files. Fewer chases. Decisions you can defend.

LoanLens by aQb Solutions is AI loan document processing software for lenders in India that reads PAN, Aadhaar, address proofs, bank statements and salary slips, fills in the application and explains every lending-rules check. Decisions start with a clean file: the applicant resolves any conflicting details, and every rules result comes with an explanation, so the loan officer can decide faster. LoanLens prepares the file and never approves or declines a loan. Some checks are simulated.

Impact you can measure

Illustrative targets, to be confirmed in a pilot on your own data.

30 min → 3 minTarget initial application review
60%+Target reduction in manual processing effort
Hours → MinutesTarget time for document data extraction
20%+ → <5%Target incomplete application rate
100%Target: every uploaded document checked
Days → Same dayTarget time to prepare an application for review
1 screenUnified applicant and loan view
24/7Application intake for applicants

What it does

Guided loan application

Walks the applicant through the application step by step, explains which documents are required and shows exactly what is still missing.

AI loan document extraction

Reads national IDs, passports, address proofs, bank statements and payslips (PDF, JPEG, PNG or WebP, up to 25 MB) and captures about 22 fields, each with a confidence level.

KYC document checks and conflict resolution

Sorts each upload by type, checks its quality, and flags missing documents, mismatched names and dates of birth, and conflicting values for the applicant to resolve.

Lending rules with explanations

Runs configurable lending rules for required documents, KYC consistency, ID number, email and mobile formats, income evidence, bank statements and an income-based loan limit. Every result is explained.

Exception review and audit trail

One detail report holds applicant details, documents, rule results and exceptions with a full audit trail. The loan officer resolves exceptions and decides.

Credit-policy chatbot

Answers questions from the credit-policy documents your admin uploads, with citations to the source page. It does not approve, decline or price a loan.

Key Questions Answered

01 / 05

Which documents and lending markets are supported?

LoanLens reads the identity, address and income documents lenders collect, such as national IDs, passports, address proofs, bank statements and payslips. Document types and lending rules are configured for your market and loan products during onboarding.

How it works

  1. 01Start Application
  2. 02Upload Documents
  3. 03AI Extraction
  4. 04Form Fill-up
  5. 05Document Validation
  6. 06Rules Check
  7. 07Exception Review
  8. 08Application Summary
  9. 09Officer Decision

Technology stack

  • AI & Document Intelligence
  • OCR & Intelligent Data Extraction
  • Rule-Based Validation
  • Python
  • FastAPI
  • React.js
  • Vue.js
  • Laravel
  • PostgreSQL
  • MySQL

Use cases

01Retail lending

Decision-ready personal loan files

Read identity, income and bank documents, catch mismatched names and dates of birth, and hand the officer a rules-checked file.

Want to see LoanLens on your own loan applications?

Book a working session

Last updated