(EMLAP) (EMLAP) Enquiry Management & Loan Application Processing
EMLAP Tool to capturing Loan Enquires at source & processing further till Approval / Rejection of the Enquiries. Capture of data in pieces directly into the system with out filling up documents like Worksheet or PEF (proposal Evaluation Form). No waiting for complete info- staged Data capturing Various of Media of capturing data Various Channels of Capturing data Still Consistency & Controls are maintained In EMLAP DO printing will be after completion of approval of the application.
EMLAP-Advantages No Duplication of work (data collection, manual preparation & data entry in system) . Data captured directly in to the system. Less chance Data entry mistakes Tracking of Rejection along with reason available in the system Deviations are recorded and can be analyzed to relax / restrict the conditions Oriented towards Paperless processing – BHHD / DMS link As data is captured instantly, Month end pressure for fresh data entry is removed. Only few new data are to entered in the system during month end for completing the application Speed problems due to bulk data entry and bulk validations are eliminated
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