Auto-assign loan applications based on a loan amount threshold
Imagine your bank uses a personal loan application form to screen and prioritize loan requests. To maintain a balance between efficiency and thorough risk assessment, you’ve decided that applications requesting more than ₹500,000 should undergo a review by an employee from the manual review team. These high-value applications are flagged for in-depth evaluation, such as verifying creditworthiness, collateral, or requiring additional approvals.
To streamline this process:
-
If Loan Amount is ₹500,000 or less, the application can be auto-routed to an employee of the Auto-Processing Team for routine handling.
-
If Loan Amount exceeds ₹500,000, the application should be routed to the Loan Review Team for closer inspection.
Configuring Form Rules
Ensure that your form includes fields for Loan Amount.
-
In your form builder, go to the Rules tab.
-
Under Form Rules, click Configure Now.
Rule 1:
If Loan Amount ≤ 500000,
Then assign task to Elizabeth Parker from the Auto-Processing Team.-
Click Add to save the rule.
Rule 2:
If Loan Amount > 500000,
Then assign to Daniel Fernandez from the Loan Review TeamClick Add to save this rule as well.
By implementing these rules:
- High-value applications are flagged and sent to the Loan Review Team for careful examination.
-
Standard loan applications are quickly processed by the Auto-Processing Team.
Access your files securely from anywhere
Zoho CRM Training Programs
Learn how to use the best tools for sales force automation and better customer engagement from Zoho's implementation specialists.
Zoho DataPrep Personalized Demo
If you'd like a personalized walk-through of our data preparation tool, please request a demo and we'll be happy to show you how to get the best out of Zoho DataPrep.
- Zoho Workerly Home
- Forums
- Connect With Us:
- Zoho Recruit Home
- Forums
- Connect With Us:
Create. Review. Publish.
You are currently viewing the help pages of Qntrl’s earlier version. Click here to view our latest version—Qntrl 3.0's help articles.
Zoho Sheet Resources
Zoho Forms Resources
Zoho Sign Resources
Sign, Paperless!
Zoho TeamInbox Resources
Design. Discuss. Deliver.
Related Articles
Auto-Assign to the Loan Review Team if Loan Amount > Annual Income
Scenario Lets say your bank uses a personal loan application form to carefully assess high-risk loan applications where the requested loan amount is more than the applicant’s annual income. Such applications need manual evaluation and must be ...How to route loan applications automatically based on income & loan amount
<br> Help Guide: Auto-Assign to the Loan Review Team if Loan Amount > Annual IncomeAutomatically Route Loan Requests to the Appropriate Team based on Loan Type
When customers submit a loan request form, their needs vary—some may seek Personal Loans, while others may apply for Business Loans. Manually reviewing each submission and routing it to the relevant team can lead to delays, errors, or missed ...How to auto-assign tasks based on the loan amount in a Loan Application Form
Auto-assign IT support tickets based on user seat location
Priya, the IT Operations Manager at NexaCorp Solutions, oversees a bustling office complex with multiple IT pit stops strategically placed across the workspace. Each pit stop is responsible for handling support tickets within its nearby zones to ...