MUMBAI, India, Jan. 9 -- Intellectual Property India has published a patent application (202541113649 A) filed by Dr. S. Prakash, Coimbatore, Tamil Nadu, on Nov. 19, 2025, for 'ai powered loan recovery strategy system.'
Inventor(s) include Dr. S. Prakash; A. Abdul Gouse; L. Kishore; and S. Akilesh Prabhu.
The application for the patent was published on Jan. 9, under issue no. 02/2026.
According to the abstract released by the Intellectual Property India: "Efficient loan management and recovery are critical for maintaining financial stability and minimizing default risks in lending institutions. This project introduces an Al-Powered Loan Recovery Strategy System, an intelligent platform designed to assist financial organizations in optimizing their loan recovery processes through data-driven insights and automation.The system analyzes borrower-related data such as loan amount, due date, payment history, and risk level to predict the most suitable recovery strategy using a trained machine learning model. Through seamless integration between the Flask-based backend and an interactive React.js frontend, users can access real-time predictions and recommended actions that streamline decision-making.The Loan Manager interface allows professionals to input or upload borrower details and instantly receive strategy suggestions such as follow-up calls, thank-you emails, or field visits, depending on the borrower's repayment behavior and risk profile. The AI model, developed using Sci kit-learn and deployed through a Flask API, ensures accurate, consistent, and intelligent recommendations tailored to individual borrower needs.This system, with its CORS-enabled architecture for smooth frontend-backend communication and intuitive interface powered by React.js and Axios, not only enhances operational efficiency but also helps financial teams prioritize recovery actions effectively. By leveraging artificial intelligence to personalize engagement and reduce default rates, the AT-Powered Loan Recovery Strategy System empowers financial institutions to make smarter, faster, and more strategic recovery decisions, ultimately strengthening borrower relationships and improving overall financial performance."
Disclaimer: Curated by HT Syndication.
