Loan Eligibility & Underwriting Assistant
Automate Loan Eligibility and Underwriting Decisions with AI
Speed up credit approvals by analyzing applicant data, documents, and risk factors using Kriatix’s AI-powered Underwriting Assistant.
See Loan Eligibility & Underwriting Assistant In Action
The Loan Eligibility & Underwriting Assistant automates the credit evaluation process by reading financial documents, analyzing applicant risk, and assigning eligibility scores. It combines OCR for document extraction, AI for scoring, and rule-based workflows for decision logic—reducing underwriting time from days to minutes. It’s built for banks, NBFCs, and lending fintech platforms seeking speed, accuracy, and compliance.
🔹 Automate document review and scoring
🔹 Evaluate risk using AI and historical data
🔹 Reduce underwriting time dramatically
What Is the Loan Eligibility & Underwriting Assistant?
The Underwriting Assistant acts as a digital analyst that evaluates multiple data points: income proof, credit history, transaction behavior, and KYC documents.It validates uploaded data, assigns an eligibility score, and generates a recommendation (“Approve”, “Review”, or “Reject”).This workflow ensures consistent decision-making while reducing dependency on manual judgment.
Who Is It For?
| Role | How They Benefit |
|---|---|
| Underwriters | Automate credit checks and reduce workload |
| Risk Teams | Ensure consistency and compliance in approvals |
| FinTech Platforms | Speed up loan approval journeys |
| CFOs/Credit Heads | Improve NPA forecasting and control |
| Developers/Product Teams | Embed AI decision APIs in lending flows |
Key Features
- Document Extraction Engine: Uses OCR to read pay slips, bank statements, and IDs.
- Credit Scoring AI: Calculates eligibility and assigns risk levels.
- Decision Workflow Builder: Configurable approval/rejection logic.
- Audit Dashboard: Stores decision history for compliance.
Benefits
- Cut underwriting turnaround time by 80%
- Improve decision accuracy with data-driven insights
- Standardize evaluation criteria
- Lower credit risk with continuous model learning
- Ensure full auditability for regulatory reviews
How It Works
- Connect to credit bureau APIs and CRM systems.
- Upload applicant documents and transaction data.
- AI extracts details and evaluates the eligibility score.
- Results are reviewed and pushed into loan management systems.
Add-ons & Integrations
- Credit Bureaus: CIBIL, Experian, CRIF
- Core Systems: FinnOne, Oracle Financials, Mambu
- APIs: REST for custom FinTech platforms
Deployment & Access
-
- SaaS or hybrid model
- Configurable scoring templates
- Role-based dashboards for underwriters and risk managers
What Our Partners Are Saying
"Company AI-powered interfaces have been praised for their usability ,Through exhaustive research and advanced automation, Kriatix made the application fluid, accessible, and future-ready for all users. The team adapted quickly to deliver complex AI-driven tasks and independently developed creative, detailed solutions. Their AI chatbot services stood out in particular — seamlessly integrating conversational AI that enhanced user engagement and streamlined support."
Amit Kumar
Co-Founder, Venture Transform Strategy Consulting LLP
"Kriatix.ai delivered the AI-powered application on time, leveraging Agile methodology to ensure flexibility and efficiency. The team conducted bi-weekly demos, keeping the project transparent and aligned with our goals. Using Jira, GitHub, and Slack, they maintained flawless communication and streamlined project management.Their integration of AI chatbots for real-time feedback loops accelerated our release cycle by nearly 25% and reduced manual validation efforts by 40%, resulting in a smoother, faster, and higher-quality delivery."
Sumit Kumar
CEO, HImalayan Basket Private Limiteds
"The AI-powered website delivered by Kriatix.ai is both visually appealing and high-performing they built a website that not only impressed us with its sleek design but also outperformed our expectations in speed and functionality. Their team worked as true partners—creative, experienced, and highly attentive to every detail.By integrating AI personalization and intelligent chatbots, the website now adapts to user behavior in real time, leading to a 35% increase in engagement and a 25% reduction in support queries."
Sneha Das
CEO, Ittisa
"Kriatix.ai completed the deliverables with excellence, often going the extra mile by suggesting AI-driven alternatives to our change requests. The workflow was seamless, with the team being timely and proactive in addressing every issue. They set realistic expectations, built intelligent automation into our processes, and delivered results with superb quality.Their AI chatbot integration not only streamlined support but also improved responsiveness, ensuring our users always received accurate and instant assistance."
Gururaj Mahale
Director of Growth Marketing, SYNERGOS
Frequently Asked Questions
Can it read bank statements and PDFs automatically?
Yes. It uses OCR + NLP to extract relevant data fields.
Does it support credit bureau integration?
Yes. CIBIL, Experian, and other bureau APIs can be connected.
How customizable is the scoring model?
Fully customizable to match your lending policies.
Does it provide explainable AI results?
Yes. Every score includes factor-based justifications.
Can it be integrated with our LMS or CRM?
Yes. It supports easy API integration for seamless automation.
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