Simple Loan Management System

Simple Loan Management System in PHP with Source Code

A basic project builds on the concept of a Simple Loan Management System In PHP and MySQL databases. The PHP project that follows has every functionality a first-year IT student might possibly need for their college projects. Users can assign loans, data, and transactions using a variety of its capabilities. Both the concept of this web application and the webpage are obvious. It is well-executed and identical to real-world situations. Please scroll down to the bottom of this post for the Download button to get the Simple Loan Management System Project in PHP MySQL for free.

About Simple Loan Management System PHP Project

This PHP project for a simple loan management system is particularly concerned with keeping track of loans and interest payments. To be more specific, the system assists in maintaining a number of records for allocated loans that include group information. The system also has a part in managing members. Additionally, the technology enables combining member information with the appropriate groups. Evidently, the only component of this project is the admin panel. The user must first add group information to this web application’s overview before moving on to the next phase. In order to add a new group, the user must enter a number of details. such as the name of the group, its leader, its funding, its activities, its registration number, its loan details, etc.

Group Member Management and Loan Section

The user should be able to gather member information for tasks like debt management systems. There is one, too. The user needs only supply the members’ names and genders in order to manage the group. With it, the system enables users to choose from any of the offered groupings. so that the member can be found in the group record that has been registered. The user can continue with loan management after completing all management. The user must here enter a variety of information. such as group selection, loan source, loan size, and total payment conditions. The system thus automatically determines the total interest based on the term (in years) and includes EMI. Having said that, the user then has to provide a payment schedule and payment due dates before allotting the loan application. Besides, the user can print the allotted loan list.

Interest Payment

Additionally, in this simple loan management system, the administrator has access to and control over a history of interest payments. After every loan allotment, the user also needs to set up interest payment records. Additionally, the administrator can update and remove payment history if needed. In order to add up the payment record, the user has to only select a loan group. In return, the system displays all the remaining detail such as loan amount, interest, and amount to be paid. With this, the user will have a clear view of the amount that needs to be paid monthly. At last, the user has to enter the EMI amount and submit the form. The system only records payment history and shows a summary of them in the admin dashboard. In addition to everything else, the administrator can print the payment list and run searches.

Available Features:
  • Admin Panel
  • Group Management
  • Members Management
  • Loan Allotment
  • Interest Calculation
  • EMI Payment History
  • Search Records
  • Print Loan Records
  • Print Payment History
Project Name:Simple Loan Management System
Language/s Used:PHP
PHP version (Recommended):5.6
Type:Web Application
project overview

How To Run Real Estate Management System?

To execute this project, you must have a virtual server, such as XAMPP, installed on your computer (for Windows). This project is written in PHP, and the source code is available for free download. Read the project details text file for the full setup of the project.

  • After you finish downloading the project, unzip the project file and head over to your XAMPP directory.
  • There you’ll find a folder named “htdocs”.
  • Inside the “htdocs” folder, paste the project folder (not the .zip one, but the extracted one).
  • Open your favorite browser; we recommend using Google Chrome or Mozilla Firefox.
  • Then, go to the URL “http://localhost/phpmyadmin“.
  • Create a Database with a name that is provided inside the “01 LOGIN DETAILS & PROJECT INFO.txt”.
  • Click on the “Import” tab and choose the database file (.sql) which is provided under the folder naming “DATABASE FILE”.
  • After setting up all these, go to the URL “http://localhost/[ PROJECT_FOLDER_NAME ]/“
  • All the login details are provided inside the project folder, check that out and enter them in order to use it.

And there you have it—a complete PHP and MySQL setup for the simple Simple Loan Management System. Due to the possibility that the project won’t function with the earliest PHP version, PHP Version 5.6 or 7.4 is needed for this specific PHP project. As a result, customers running PHP versions older than 5.6 may experience a variety of issues. Therefore, you will currently need to manage your PHP version (only if you’re using the outdated version). Additionally, visit to download a free PHP source code. Therefore, this PHP project for property registering and selling is basic enough for beginners to complete and will broaden their understanding of such PHP web apps.

Free Download Online Simple Loan Management System In PHP with Source Code:
Click the Download Button Below to Start Downloading

Note: Only for Educational Purpose

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