Loan Default Identification and its Effect

Authors(5) :-Gopal Choudhary, Yash Garud, Akshil Shetty, Rumit Kadakia, Sonali Borase

Now a days banking sector is on boom everyone is applying for loan but banks have limitation that they have limited assets so they can provide loan to limited loan applications but when they provide loan, they must assure that loan is being granted to only genuine customers. So, this paper focuses on we will try to lessen the uncertainty factor and assure the loan approval to genuine customers only and save the bank assets. That is performed by way of mining the massive data of the earlier data of the human beings to whom the loan become acknowledged earlier than and on the idea of those records/reviews the machine was skilled the use of the system mastering version which provide the maximum correct result. The main focus of the paper will be on the loan to be approved of those customers only who will be able to pay it back.

Authors and Affiliations

Gopal Choudhary
Department of Computer Science and Engineering, MPSTME, NMIMS, Shirpur, District: Dhule, Maharashtra, India
Yash Garud
Department of Computer Science and Engineering, MPSTME, NMIMS, Shirpur, District: Dhule, Maharashtra, India
Akshil Shetty
Department of Computer Science and Engineering, MPSTME, NMIMS, Shirpur, District: Dhule, Maharashtra, India
Rumit Kadakia
Department of Computer Science and Engineering, MPSTME, NMIMS, Shirpur, District: Dhule, Maharashtra, India
Sonali Borase
Assistant Professor, Department of Computer Science and Engineering, MPSTME, NMIMS, Shirpur, District: Dhule, Maharashtra, India

Loan, Machine Learning, Training, Testing, Prediction.

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Publication Details

Published in : Volume 5 | Issue 2 | March-April 2019
Date of Publication : 2019-04-30
License:  This work is licensed under a Creative Commons Attribution 4.0 International License.
Page(s) : 865-868
Manuscript Number : CSEIT1952198
Publisher : Technoscience Academy

ISSN : 2456-3307

Cite This Article :

Gopal Choudhary, Yash Garud, Akshil Shetty, Rumit Kadakia, Sonali Borase, "Loan Default Identification and its Effect", International Journal of Scientific Research in Computer Science, Engineering and Information Technology (IJSRCSEIT), ISSN : 2456-3307, Volume 5, Issue 2, pp.865-868, March-April-2019. Available at doi : https://doi.org/10.32628/CSEIT1952198
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