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Bank Loan Approval Automation

Abhishek Pathak, Abhishek Kumar

Abstract


Because of the pandemic everyone need loan to grow their business so lot of people apply for the bank loan but bank has its limited assets which it has to grant to limited people only, so finding out the person who return the loan in a given time is a difficult job. So Here our machine learning model come in to picture the main motive of our model is try to reduce the risk factor behind selecting the safer person this model save lots of bank effort as well as save lots of bank assets. The machine learning model use information of the past records of individuals to whom the credit was conceded previously and based on these records the machine learning model is trained. The main motive of this model is to predict weather the person is approved for the loan or not.


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References


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DOI: https://doi.org/10.37628/ijosct.v7i1.685

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