Loan Processing Apprentice Course Syllabus

Course Title

Loan Processing Apprentice Course

Course Code

LPA101

Description

This course, under the Apprenticeship Training Scheme (ATS), provides comprehensive training for loan processing apprentices, focusing on evaluating loan applications, verifying documentation, and ensuring compliance with banking and financial regulations. Apprentices will gain hands-on experience in processing various loan types, conducting KYC checks, and coordinating with clients and credit teams, preparing them for roles in banks, NBFCs, and financial institutions. The course aligns with the National Apprenticeship Promotion Scheme (NAPS) and complies with the Apprentices Act, 1961.

Objectives

• Process loan applications accurately, including home, personal, and business loans.
• Verify customer documentation and conduct KYC compliance checks.
• Assist in credit assessment and coordinate with credit officers for loan approvals.
• Ensure adherence to RBI guidelines and organizational policies in loan processing.

Schedule

The course spans 8 weeks, combining basic training and on-the-job practical training as per ATS guidelines. Each week focuses on specific skills essential for loan processing apprentices. Below is the detailed breakdown:

Week 1: Introduction to Loan Processing

Overview of loan processing, apprentice roles, banking fundamentals, and regulatory bodies like RBI under ATS.

Week 2: Types of Loans

Understanding various loan products (e.g., home, personal, auto, business loans) and their eligibility criteria.

Week 3: Documentation and KYC

Collecting and verifying loan application documents, performing KYC checks, and ensuring compliance with anti-money laundering norms.

Week 4: Loan Application Processing

Processing loan applications, entering data into loan management systems, and preparing files for credit review.

Week 5: Credit Assessment Support

Assisting in creditworthiness evaluation, checking CIBIL scores, and coordinating with credit officers.

Week 6: Banking Software and Tools

Using loan processing software (e.g., FinnOne, Nucleus) and MS Office for documentation and reporting.

Week 7: Regulatory Compliance and Customer Service

Ensuring compliance with RBI and organizational guidelines, and addressing client queries related to loan status.

Week 8: Final Project and Assessment

Completion of a comprehensive loan processing project and preparation for the All India Trade Test (AITT) under NCVT.

Assessment Methods

Apprentice performance is evaluated through a combination of practical, theoretical, and participatory components, preparing them for the National Apprenticeship Certificate (NAC):

• Weekly Assignments: 40%
• Midterm Project: 20%
• Final Project: 30%
• Participation and Attendance: 10%

Instructor

Prof. Anil Sharma

Language

Available in: English

Status

Published

Additional Notes

Apprentices must be at least 14 years old and meet the minimum educational qualification (typically 12th grade passed or equivalent, preferably with a commerce or finance background, as per trade requirements). The course includes basic training (20-25% of the program) and on-the-job training, with a stipend provided as per NAPS guidelines (e.g., Rs. 7700 per month for one-year ITI trade passed apprentices, as per Gazette notification dated 25th September 2019). Successful completion leads to the National Apprenticeship Certificate (NAC) upon passing the All India Trade Test (AITT), recognized for employment in government and private sectors. The training emphasizes accuracy in documentation and compliance, addressing the demand for skilled loan processing professionals in India’s banking and financial services sector.