An Innovative Framework for Integrated Loan Management with QR Code Enhancement

This research paper aims at design of an innovative framework scalable and integrated loan management with Quick Response Code enhancement, which will guarantee easy better-secured validation processing in microfinance banks other lending institutions. As the number bank customers need personal loans rises on a daily basis, especially post COVID-19 era, is faced complex job application verification order to correctly determine eligibility for loan. There challenge coping fraudulent who make false claims their documentations, sometimes seeking access multiple from more than one using single collateral security. central regulatory agency that links up major institutions collaborative effort forestall incidences Our new model also activities some officials go as far granting credit facilities friends family members without following due process privileged positions obtain unsecured themselves relations, excess bank’s statutory limits, total violation provisions policy banking sector. was designed Rapid Application Development (RAD) methodology its high involvement concentration user’s viewpoint well ability change system based user demands. Implementation done such development tools PHP, JavaScript, MySQL, Visual Studio. Basic functionality testing carried out sure all buttons every screen works desired, ascertain could forestallincidences “insider abuse” approvals are according internal external regulations.