andhra pradesh state finance corporation (synopsis)

8/10/2019 Andhra Pradesh State Finance Corporation (Synopsis)

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Andhra Pradesh State Finance Corporation

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INTRODUCTION & OBJECTIVES

The system mainly deals with the automation of the activities

performed at Andhra Pradesh State Finance Corporation (APSFC),

which issued various kinds of loans to their Customers and accepts

monthly installments from them.

All the master information is athered pertainin to the

employees workin in the orani!ation, "ndustries to whom the loans

are issued. #i$erent types of loans availa%le are desined and the

interest rates applica%le are set in the master ta%les.

"nitially after reisterin the customer, loan is sanctioned

accordin to his re&uirement and elii%ility. #etails of a particular loan

are athered such as loan num%er, customer num%er, loan code,

amount, interest, and num%er of months, monthly installment and

date of sanction.

'hen the "ndustries pay the loan installments, details of loan

num%er, payment id, amount and date of payment are athered and

stored.

Simply choosin the appropriate menus such as mployee

details report, Customer details report, enerates various reports,

oans detail report, "nterest report, Customer*loan details report +

Payment details report.

The system security is taken care of %y a loin form, which is

allows only authori!ed users to utili!e the system.

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The main aimo%-ective is to develop an e$ective system, which

is fast, accurate, consistent, relia%le, and e/i%le enouh so that in

can accommodate any further e/pansion.

IDENTIFICATION OF NEED

very thin is done manually at present such as customer

reistration, issuin loans and keepin track of payments.

As the num%er of customers is hih and the risk involved in

the transactions due to hue amount involved, the manual system

was considered to %e ine0cient due to hue amount involved, the

manual system was considered to %e ine0cient due to the volume

of errors + lesser security.

First when a customer comes to the company he has to %e

reistered and in the manual system it is di0cult to verify whether

he is already reistered. 1ut in the computeri!ed packae it would

%e very easier to check all the customer details.

'hen a loan is sanctioned to a customer, calculation of

monthly installment is done manually in old system, which may

result in wron monthly installments. 'here as in the automated

system, it is e/actly calculated accordin to the num%er of months

and the interest rates applica%le.

Also payments from the customers is di0cult to maintain

which is could %e made easier in the computeri!ed packae in

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which simply %y enterin the loan num%er all the other information

is displayed.

Therefore the pro%lems in the current system have forced the

2rm to automate it %y developin a software packae, which would

reduce their pro%lems and increase the e0ciency.

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PRELIINAR! INVESTI"ATION

The c#rrent pro$ect inte%rates the o''o(in% and

centra'i)es a'' the acti*ities into a sin%'e app'ication+

ASTER INFORATION ODULE,

This module athers all the master information reardin3

The employees workin in the 2rm such as employee num%er,

name, orani!ation, desination, monthly salary and address.

"ndustries who take loans from the 2rm such as customer num%er,

name, orani!ation, desination, monthly salary and address.

4arious types of loans availa%le with loan code and description.

#i$erent cateories of interest rates applica%le for loan amount

with interest code and rate of interest.

5sers maintenance details such as user name and password.

LOANS ANA"EENT ODULE,

Firstly after reisterin the customer, loan is sanctioned accordin

to his re&uirements and elii%ility. #etails of a particular loan are

athered such as loan num%er, customer num%er, loan code, amount,

interest, num%er of months, monthly installment and date of sanction.

REPORT "ENERATION ODULE,

The system is desined to display and print the followin reports,

which are called %y selectin the appropriate menus3

A) mployee*details report

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1) Customer details report

C) oans details report

#) "nterest report

) Customer*loan details report +

F) Payment details report. tc.

-ARD.ARE SPEDIFICATIONS

-ARD.ARE RE/UIREENTS,

Pentium*"4 with #ual Processor

6A7 8 91 and A%ove

:## ;< 91 :ard #isk Space and A%ove with SCS" Controller

=ey%oard, 7ouse, 7onitor.

SOFT.ARE RE/UIREENTS,

'">#?'S ?S (@P Service Pack*'indows Server*

andhra pradesh state finance corporation (synopsis)

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