Automated Loan
- Rafay Raheel
- Sep 27
- 1 min read
Updated: Sep 29
Initiative Overview
A comprehensive digital transformation solution for Meezan Bank's bike financing operations, automating the entire loan application workflow from submission to approval. The Shariah-compliant system leverages intelligent document processing, automated risk assessment, and integrated decision-making to reduce loan processing time from weeks to hours while maintaining Islamic banking principles and regulatory compliance.
Methodology
Digital Application Intake: Web and mobile portals with OCR-powered document scanning for automated data extraction from CNIC, income certificates, and bike documentation with 98% accuracy
Automated Credit Assessment: Integration with credit bureaus, salary verification systems, and Islamic banking-compliant risk scoring models for real-time creditworthiness evaluation within Shariah guidelines
Intelligent Workflow Engine: Business process automation covering application validation, document verification, collateral assessment, and multi-level approvals with configurable rules and Islamic finance compliance checks
Core Stack: Python Django, PostgreSQL, Temenos Core Banking integration, RESTful APIs, ReactJS frontend, Docker containerization, and AWS cloud infrastructure