Optimising Knockout Rules for Lending

Anilkumar Panda
ING Blog
Published in
7 min readAug 13, 2020

--

People have many important reasons for applying a loan with ING, buying their first house, renovating an existing one, going on a vacation with their family or friends and many more. A loan application generally goes through a multi-stepped process, which be very time consuming. In this post we will see how by optimising one step of the loan application process (Knockout rules) we can disburse the loan quickly and efficiently. By reducing the time required for processing these loan applications we hope to empower our customers to do their thing.

--

--