Terms and conditions of an existing loan can be modified in response to the changes in the borrower’s financial conditions. These modifications can be changes in interest rates, repayment schedules, and or tenure. These modifications are approved only after a thorough review of borrower’s financial circumstances, evaluating the impact of the proposed changes, and ensuring that the adjustments are compliant with the regulatory requirements and lender policies. The traditional approach to processing the requests for modifications in the loans can be challenging and time-consuming due to long email threads, extensive paper documentation, and multiple rounds of review. It can cause delays and frustrate both the lender and the borrower leading to potential defaults and other legal challenges. To overcome this it is essential to implement an automation tool like Cflow that can streamline the entire approval process. Automating the loan modification request approvals can help maintain borrower relationships and protect lenders’ interests. Cflow ensures that the process is streamlined and approvals are made accurately based on pre-defined criteria. This improves compliance and operational efficiency.