Loan application document automation

Extracting data from payslips, ID and deed documents cut loan pre-assessment time from two days to 40 minutes.

A bank’s retail loan unit checked documents in application files by hand. Ilmek Doküman extracts fields from ID, payslips, bank statements and deed documents, performs consistency checks (name, date, income) and passes results to the scoring system.

Result

Pre-assessment time fell from two working days to 40 minutes; detection of fake or inconsistent documents improved. Data was processed in the bank’s data centre.

Scope

  • Multi-document file splitting
  • Consistency checks
  • On-premise deployment

Before / after

Pre-assessment2 days → 40 min
Document fault detection+%35

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