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Loan Application Form OCR Data Extractor.


Accurately extract over 20+ data fields from multiple Loan Application Forms all at once, including line items, in 56 languages.

500+
global customers
250M+
documents processed
10+
years experience

Affinda is trusted by some of the world's leading organisations

See our Loan Application Form parser in action.


Our easy-to-use parser's interface is designed for everyone, with no training required for use.

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Open this web page on a desktop device to upload your documents and see how it works for yourself.

What is a Loan Application Form OCR Data Extractor?

A Loan Application Form OCR Data Extractor leverages Optical Character Recognition (OCR) and Artificial Intelligence (AI) to automate the extraction of crucial information from loan application forms. This tool captures and digitises details like applicant information, loan amounts, interest rates, and repayment terms through industry-leading OCR parsing. By automating data extraction from loan applications, financial institutions can streamline the loan processing workflow, reduce manual entry errors, and enhance the accuracy and speed of loan approvals.

A Loan Application Form OCR data extractor significantly boosts the efficiency of financial institutions by automating the capture of applicant information, loan amounts, interest rates, and repayment terms from application forms. This reduces manual entry errors, streamlines the loan processing workflow, and enhances the accuracy and speed of loan approvals.

Automatically process your Loan Application Forms in four simple steps.

Step 1

Upload your documents to Affinda directly to our app, or by integrating with email or document management platforms

Step 2
Our OCR Loan Application Form extractor will automatically scan, extract, label and categorise the data on the Loan Application Forms in seconds
Step 3
Export the data in a structured and usable format. Integrate our Loan Application Form parser with any downstream system or platform to use your data where you need it most
Step 4

Need an AI data extractor customised to your specific business needs? Our expert team can build a model tailored to your business workflows that integrates seamlessly with existing processes.

Extract data from dozens of fields.


Our AI Loan Application Form OCR solution automatically extracts data from over 20+ fields.

Loan Application Form Details

     
  • Application Number
  •  
  • Applicant Name
  •  
  • Loan Amount
  •  
  • Interest Rate
  •  
  • Repayment Terms
  •  
  • Application Date

Don’t see the fields you need above?

Affinda makes it easy to add custom fields according to your bespoke requirements.
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Innovative features that set us apart from the rest.

Superior accuracy

Over 20+ fields extracted

Supports multiple file formats: PDF, JPG, PNG

Highly flexible and customisable

Supports over 56 languages

Upload and extract in bulk

Self-learning models improve over time

Seamless upstream and downstream integration

Fast Loan Application Processing | AI OCR Data Extractor & Document Automation | Affinda

Businesses around the world use our Loan Application Form OCR Extractor in different industries and use cases.

Bank loan officers utilise our Loan Application Form OCR to rapidly process applications, reducing processing times and improving customer service in the lending process.

Fintech companies benefit from our OCR technology to automate the intake of loan application data, facilitating faster and more accurate credit assessments.

Credit bureaus utilise our Loan Application Form OCR to efficiently process and update consumer credit files, ensuring accurate and timely credit reporting.

Need to automate your Loan Application Form workflows? Contact us.

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