Enquiry Management & Loan Application ProcessingEnquiry Management & Loan Application Processing

(EMLAP)Enquiry Management & Loan Application Processing

(EMLAP)

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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