Skip to main content

Sample SRD — Loanmind AI

📌 This is the full, unabbreviated Software Requirement Document DeX generated for Loanmind AI, continuing directly from the Sample BRD — Loanmind AI. It translates the business requirements into system architecture, infrastructure configuration, data models, API specifications, and non-functional requirements.

For the trimmed, Contractor Sync version of this document, see Specification — FSD.


1. Document Information

FieldDetails
Project NameLoanMind AI
Version1.0
Created DateJune 09, 2026
Last UpdatedJune 09, 2026
AuthorSenior Software Architect
StatusDraft

2. Introduction

2.1 Purpose

The purpose of this document is to provide a detailed description of the requirements for the LoanMind AI platform. LoanMind AI is an intelligent, AI-driven lending assistant designed to automate and streamline the Micro, Small & Medium Enterprises (MSME) and Credit Monitoring Arrangement (CMA) business loan processing lifecycle. It aims to eliminate administrative bottlenecks, accelerate credit assessment, and reduce the high friction costs associated with traditional underwriting, thereby making formal credit more accessible to MSMEs.

2.2 Scope

The scope of the LoanMind AI system encompasses the entire pre-disbursement journey of a business loan application, from initial document submission to the generation of a final, bank-ready credit assessment report.

In Scope:

  • Secure user (applicant) registration and profile management.
  • Automated ingestion, OCR, classification, and data extraction from applicant-submitted documents.
  • A dynamic, context-aware question-and-answer system to fill information gaps.
  • An interactive voice-based interview module for conversational data collection.
  • Two distinct processing workflows: a free "MSME Analyzer" for smaller loans and a premium "CMA Project" workflow for complex applications.
  • Automated generation of a suite of business health and credit analysis reports in Markdown format.
  • A structured Document Management System (DMS) using Alfresco for auditable storage of all application-related artifacts.
  • A Flutter-based mobile application for the applicant's journey and a web-based portal for administrative/bank officer access.

Out of Scope:

  • Direct integration with bank Core Banking Systems (CBS) for loan disbursement.
  • Post-disbursement loan monitoring and management.
  • Real-time credit bureau score fetching (e.g., CIBIL). This can be a future integration.
  • Legal and compliance verification of property or asset documents.

2.3 Definitions & Acronyms

TermDefinition
AIArtificial Intelligence, referring specifically to the use of Large Language Models (LLMs) like Google Gemini.
APIApplication Programming Interface.
CMACredit Monitoring Arrangement. A detailed financial report required by banks for large business loans.
DMSDocument Management System. In this project, refers to Alfresco Content Services.
DSCRDebt Service Coverage Ratio. A measure of a company's available cash flow to pay current debt obligations.
FastAPIA modern, fast (high-performance) web framework for building APIs with Python.
FlutterGoogle's UI toolkit for building natively compiled applications for mobile, web, and desktop from a single codebase.
JSONJavaScript Object Notation. A lightweight data-interchange format.
JWTJSON Web Token. A compact, URL-safe means of representing claims to be transferred between two parties.
MSMEMicro, Small, and Medium Enterprises.
OCROptical Character Recognition. The process of converting images of typed, handwritten, or printed text into machine-encoded text.
PostgreSQLAn open-source object-relational database system.
RBACRole-Based Access Control.
SRDSoftware Requirement Document.

3. System Overview

3.1 System Architecture

LoanMind AI is designed with a modern, scalable, and service-oriented architecture. The system is decoupled into a frontend client and a backend API, which orchestrates various services.

  • Frontend (Flutter): A cross-platform mobile application serves as the primary interface for MSME applicants. It manages the user journey, document uploads, and the interactive voice interview.
  • Backend (FastAPI): A Python-based API server that acts as the system's core. It handles business logic, user authentication, data processing, and coordinates with all other services.
  • Database (PostgreSQL): The primary relational database for storing structured application data, user information, and system metadata.
  • Document Management (Alfresco): A dedicated DMS for storing, versioning, and managing all uploaded documents and generated reports, ensuring a clear audit trail.
  • AI Service (Google Gemini): An external LLM API service used for OCR data extraction validation, dynamic question generation, and the core report generation pipeline.
  • Asynchronous Task Queue (Celery with RabbitMQ/Redis): Handles long-running, resource-intensive tasks like document OCR, AI-powered analysis, and report generation without blocking the main API, ensuring a responsive user experience.
  • Object Storage (AWS S3): Used as a temporary staging area for file uploads before they are processed and ingested into Alfresco.

3.2 System Context Diagram

[MSME Applicant] -- (HTTPS) --> [Flutter Mobile App]
|
v (REST API over HTTPS/JWT)
+-------------------------------------------------------------------------+
| LoanMind AI Backend |
| +---------------------+ +-----------------------------------+ |
| | API Gateway | | FastAPI Core Services | |
| | (Nginx) | <------> | (Application, User, Report Logic) | |
| +---------------------+ +-----------------------------------+ |
| | ^ | |
| +---------------------------+---------+---------+-----------+ |
| | | | | |
| v v v v |
| +-----------------+ +-----------------+ +-----------------+ +--------+
| | Task Queue | | Database | | Document Store | | AI |
| |(Celery/RabbitMQ)| | (PostgreSQL) | | (Alfresco) | | Engine |
| +-----------------+ +-----------------+ +-----------------+ +--------+
| | (Gemini)
+-------------------------------------------------------------------------+

4. System Configurations

4.1 Development Environment

ComponentTechnologyVersionPurpose
OSLinux (Ubuntu) / macOS22.04+ / Sonoma+Consistent developer operating system.
ContainerizationDocker Engine25.0+To containerize services for consistency across environments.
Docker Compose2.24+To orchestrate multi-container local development.
Language (BE)Python3.11.xBackend application language.
Framework (BE)FastAPI0.111.0High-performance API server.
Uvicorn0.29.0ASGI server for running FastAPI.
Language (FE)Dart3.4.xFrontend application language.
Framework (FE)Flutter3.22.xUI toolkit for the client application.
DatabasePostgreSQL16.xPrimary relational data storage.
Task QueueRabbitMQ3.13.xMessage broker for asynchronous tasks.
Celery5.4.xPython distributed task queue.
DMSAlfresco Community7.4.xDocument and content management.
Code EditorVS CodeLatestWith extensions for Python, Dart, and Docker.
VCSGit2.43+Version control system.

4.2 Infrastructure Configuration

ComponentSpecificationNotes
Cloud ProviderAmazon Web Services (AWS)Chosen for its mature ecosystem of managed services.
VPCCustom VPCIsolated network with public and private subnets across multiple AZs for high availability.
Web/App ServerAWS Fargate on ECSServerless container orchestration for FastAPI services. Auto-scales based on CPU/Memory usage.
Reverse ProxyAWS Application Load Balancer (ALB)Manages ingress traffic, SSL termination, and distributes load to Fargate services.
Database ServerAWS RDS for PostgreSQLMulti-AZ deployment for high availability and automated backups.
DMS ServerAlfresco on EC2/EKSAlfresco deployed on EC2 instances or within an EKS cluster for more control over configuration.
Task Queue BrokerAmazon MQ for RabbitMQManaged message broker service.
Object StorageAWS S3For temporary file uploads, static frontend assets, and backups.
CDNAWS CloudFrontCaches and serves the Flutter web app (if built) and static assets globally for low latency.

4.3 Third-Party Integrations

ServicePurposeAPI VersionAuth Method
Google AI PlatformAI-powered analysis, Q&A generation, and report writing.Gemini API v1betaAPI Key (sent in x-goog-api-key header).
Alfresco Content ServicesStructured document storage, versioning, and retrieval.CMIS 1.1 / REST API v1Basic Authentication or OAuth 2.0.
Twilio Media StreamsReal-time speech-to-text transcription for voice interviews.v1API Key & Secret.
SendGrid / AWS SESTransactional email services for user notifications.v3 (SendGrid)API Key.

4.4 Environment Variables

VariableDescriptionExample ValueRequired
ENVIRONMENTDeployment environment (e.g., dev, staging, prod)stagingYes
DATABASE_URLConnection string for the PostgreSQL database.postgresql://user:pass@host:port/dbnameYes
ALFRESCO_URLBase URL for the Alfresco repository API.https://alfresco.loanmind.ai/alfresco/api/-default-/public/cmis/versions/1.1/browserYes
ALFRESCO_USERUsername for Alfresco API authentication.adminYes
ALFRESCO_PASSWORDPassword for Alfresco API authentication.[SECRET]Yes
JWT_SECRET_KEYSecret key for signing and verifying JWTs.[RANDOM_HEX_STRING]Yes
JWT_ALGORITHMAlgorithm used for JWT signing.HS256Yes
GEMINI_API_KEYAPI Key for Google Gemini services.[SECRET]Yes
TWILIO_ACCOUNT_SIDAccount SID for Twilio services.ACxxxxxxxxxxxxxxxxxxxxxxxxxxxxxYes
TWILIO_AUTH_TOKENAuth token for Twilio services.[SECRET]Yes
AWS_ACCESS_KEY_IDAWS access key for S3 and other services.[SECRET]Yes
AWS_SECRET_ACCESS_KEYAWS secret key.[SECRET]Yes
AWS_S3_UPLOAD_BUCKETName of the S3 bucket for temporary uploads.loanmind-uploads-stagingYes
CELERY_BROKER_URLConnection URL for the RabbitMQ message broker.amqp://user:pass@host:5672//Yes
CELERY_RESULT_BACKENDURL for storing Celery task results (can use DB or Redis).db+postgresql://...Yes

4.5 Deployment Configuration

EnvironmentURL (API / App)Server SpecsNotes
Developmentlocalhost:8000 / localhostLocal Machine via Docker ComposeFor local development and testing by engineers.
Stagingapi.staging.loanmind.ai / app.staging.loanmind.aiAWS Fargate: 2 Tasks, 1 vCPU, 2GB RAM each. RDS: db.t3.medium.Pre-production environment for QA testing and UAT. Mirrors production setup.
Productionapi.loanmind.ai / app.loanmind.aiAWS Fargate: Auto-scaling from 4 to 20 Tasks, 2 vCPU, 4GB RAM each. RDS: db.m5.large (Multi-AZ).Live environment for end-users. Monitored 24/7 with automated alerting.

5. Functional Requirements

5.1 User & Application Management

Req IDRequirementPriorityAcceptance Criteria
SRD-UAM-001User RegistrationMust HaveUsers can register using a mobile number and OTP verification. A user record is created in the database.
SRD-UAM-002User AuthenticationMust HaveRegistered users can log in using their mobile number and OTP. Upon success, a JWT is issued.
SRD-UAM-003Create New ApplicationMust HaveAuthenticated users can start a new loan application, choosing between "MSME" or "CMA" workflow. An application record is created with a unique application_number and INITIATED status.
SRD-UAM-004View Application StatusMust HaveUsers can view the status of their ongoing and past applications on a dashboard. The status reflects the Flutter State Machine.

5.2 Document Processing Module

Req IDRequirementPriorityAcceptance Criteria
SRD-DPM-001Document UploadMust HaveUsers can upload documents (PDF, JPG, PNG) for a specific application. Files are first uploaded to a temporary S3 bucket.
SRD-DPM-002Asynchronous Document ProcessingMust HaveUpon upload, a background task is triggered to process the document. The API should return an immediate "processing" status to the user.
SRD-DPM-003AI-Powered Document ClassificationMust HaveThe system must automatically identify the type of document (Aadhaar, PAN, Bank Statement, etc.) with >95% accuracy.
SRD-DPM-004AI-Powered Data Extraction (OCR)Must HaveThe system must extract key fields from each document type into a structured JSON object. For a PAN card, this includes PAN, Name, DOB.
SRD-DPM-005Store in DMS (Alfresco)Must HaveAfter successful processing, the original file and its extracted JSON data are moved from S3 to the correct folder in the Alfresco repository, following the defined schema.
SRD-DPM-006Update Application StatusMust HaveThe frontend polls a status endpoint. As documents are successfully processed and verified, the UI updates a checklist to show completion.

5.3 Interactive Interview & Analysis Module

Req IDRequirementPriorityAcceptance Criteria
SRD-AIM-001Dynamic Question GenerationMust HaveAfter initial documents are processed, the system uses Gemini to analyze the extracted data and business context to generate a set of targeted questions to fill information gaps.
SRD-AIM-002Voice-based InterviewShould HaveThe Flutter app presents the questions and allows the user to respond via voice. The system transcribes the audio to text in real-time.
SRD-AIM-003Conversation Log UploadMust HaveThe final, transcribed Q&A is compiled into a master-conversation.md file and uploaded to the application's Alfresco folder.
SRD-AIM-004Trigger Report Generation PipelineMust HaveThe upload of master-conversation.md automatically triggers the background report generation pipeline.
SRD-AIM-005Sequential Report GenerationMust HaveThe 6 MSME analysis reports are generated sequentially, with the context of each previous report being used in the prompt for the next one.
SRD-AIM-006Final Report StorageMust HaveAll generated .md reports are stored in the msme_reports subfolder within the application's Alfresco directory.
SRD-AIM-007Update Status to COMPLETEDMust HaveOnce the final report (msme_loan_summary.md) is generated, the application status is updated to COMPLETED.

5.4 Report Dashboard & Export

Req IDRequirementPriorityAcceptance Criteria
SRD-RDE-001View Generated ReportsMust HaveWhen an application is COMPLETED, the user can view the list of generated reports in the Flutter app.
SRD-RDE-002Render Markdown ReportsMust HaveThe app must correctly render the Markdown content of the reports, including headers, lists, and tables.
SRD-RDE-003Export to PDFShould HaveUsers should have an option to export all generated reports combined into a single, well-formatted PDF document.

6. Non-Functional Requirements

6.1 Performance Requirements

Req IDRequirementMetricTarget
NFR-P-001API Response Time (p95)Milliseconds< 400ms for synchronous endpoints.
NFR-P-002Document Processing TimeSeconds< 90 seconds from upload to Alfresco ingestion for a typical 10-page bank statement.
NFR-P-003Full Report Suite GenerationMinutes< 5 minutes from master-conversation.md upload to final report generation.
NFR-P-004Concurrent UsersNumberThe system must support 1,000 concurrent active users during peak hours without performance degradation.

6.2 Security Requirements

Req IDRequirementStandardPriority
NFR-S-001Data Encryption at RestAES-256Must Have
NFR-S-002Data Encryption in TransitTLS 1.3Must Have
NFR-S-003Authentication & AuthorizationJWT with short-lived access tokens and long-lived refresh tokens. RBAC for different user types (Applicant, Admin).Must Have
NFR-S-004Input ValidationOWASP StandardsMust Have
NFR-S-005Secret ManagementAWS Secrets Manager / HashiCorp VaultMust Have
NFR-S-006PII Data ProtectionCompliance with India's DPDP ActMust Have

6.3 Scalability Requirements

Req IDRequirementNotes
NFR-SC-001Horizontal ScalingThe backend application services must be stateless and horizontally scalable. Using AWS Fargate enables this automatically.
NFR-SC-002Database ScalabilityThe database will be configured with read replicas to offload read-heavy queries from the primary instance.
NFR-SC-003Asynchronous ProcessingThe use of a message queue (RabbitMQ) allows for the scaling of worker nodes independently of the web-facing API servers to handle variable loads of document processing tasks.

6.4 Reliability & Availability

Req IDRequirementTarget
NFR-R-001System Uptime SLA99.9%
NFR-R-002Recovery Time Objective (RTO)< 1 hour
NFR-R-003Recovery Point Objective (RPO)< 15 minutes
NFR-R-004Data BackupsAutomated daily backups of the PostgreSQL database and Alfresco content store, with point-in-time recovery enabled.

7. Data Requirements

7.1 Data Model Overview

The data model is centered around the Application, which links a User to a collection of Documents and Reports.

  • User: Represents an applicant or an administrator. Identified by a mobile number.
  • Application: The core entity representing a single loan application. It has a status that follows the defined state machine.
  • Document: Represents a file uploaded by the user. It stores metadata, its type, its location in Alfresco, and the extracted JSON data.
  • Report: Represents a markdown file generated by the AI pipeline. It is linked to an application.

7.2 Database Schema (Key Tables)

TableDescriptionKey Fields
usersStores user account information.id (PK), mobile_number (UNIQUE), full_name, password_hash, role, created_at
applicationsTracks each loan application.id (PK), application_number (UNIQUE), user_id (FK), workflow_type (MSME/CMA), status, created_at, updated_at
documentsMetadata for each uploaded document.id (PK), application_id (FK), document_type, original_filename, alfresco_node_ref, status, extracted_data (JSONB), uploaded_at
conversation_logsStores the master Q&A transcript.id (PK), application_id (FK), alfresco_node_ref, content (TEXT), created_at

8. API Specifications

8.1 API Overview

All endpoints will be versioned under /api/v1/.

EndpointMethodDescriptionAuth Required
/api/v1/auth/registerPOSTRegisters a new user via mobile and OTP.No
/api/v1/auth/loginPOSTAuthenticates a user and returns a JWT.No
/api/v1/applicationsPOSTCreates a new loan application.Yes
/api/v1/applications/{app_num}GETRetrieves the details and status of an application.Yes
/api/v1/documents/upload/{app_num}POSTUploads a document for an application.Yes
/api/v1/documents/status/{app_num}GETGets the processing status of all documents for an application.Yes
/api/v1/conversation/upload/{app_num}POSTUploads the master-conversation.md file.Yes
/api/v1/reports/{app_num}GETLists all generated reports for a completed application.Yes
/api/v1/reports/{app_num}/{report_name}GETDownloads a specific report file.Yes

8.2 API Authentication

The API will be secured using JSON Web Tokens (JWT).

  1. A user authenticates via the /login endpoint.
  2. The server returns a short-lived access token (~15 minutes) and a long-lived refresh token (~30 days).
  3. The client sends the access token in the Authorization: Bearer <token> header for all protected requests.
  4. If the access token is expired, the client uses the refresh token to obtain a new access token without requiring the user to log in again.

9. User Interface Requirements

9.1 UI Design Principles

  • Simplicity & Clarity: The interface should be intuitive, with clear instructions and minimal clutter, guiding the user through a complex process.
  • Mobile-First: The primary interface is a mobile app. All interactions must be optimized for smaller touchscreens.
  • Progressive Disclosure: Show only the information and actions relevant to the user's current step to avoid overwhelming them.
  • Accessibility: Adhere to WCAG 2.1 AA standards for colors, contrast, and screen reader compatibility.

9.2 Screen Inventory (Flutter App)

ScreenDescriptionKey Components
Splash/LoginInitial screen for authentication.Mobile number input, OTP field, Login button.
DashboardMain screen after login, shows a list of applications.List of applications with their status, "Start New Application" button.
Document UploadInterface for uploading required documents.Dynamic checklist of required documents, upload buttons for each, progress indicators, status icons (pending, verified, error).
Voice InterviewScreen for the interactive Q&A session.Display of the current question, "Record Answer" button, audio waveform visualizer, transcript preview.
Report ViewerDisplays the final generated reports.List of available reports, Markdown renderer view, "Export to PDF" button.

9.3 Responsive Design Requirements

The primary client is a Flutter mobile application designed for standard iOS and Android screen sizes. A future web portal for bank officers must be responsive and functional across major desktop browser resolutions (1280px, 1440px, 1920px).


10. Testing Requirements

Test TypeScopeToolsCoverage Target
Unit TestingBackend: Individual functions, classes. Frontend: Widgets, business logic.Pytest (BE), Flutter test package (FE)85% line coverage
Integration TestingInteraction between API services, database, and Alfresco.Pytest with test containers, Flutter integration_test90% of API endpoints
End-to-End (E2E) TestingCritical user flows from registration to report viewing.Flutter integration_test, potentially Playwright for a web admin portal.100% of critical paths
Performance TestingAPI load testing, document processing throughput.Locust, k6Meet NFR-P targets
Security TestingVulnerability scanning, penetration testing.OWASP ZAP, Snyk, manual penetration tests before major releases.No critical or high-severity vulnerabilities

11. Deployment & DevOps

11.1 CI/CD Pipeline

A CI/CD pipeline will be implemented using GitHub Actions.

  1. On Pull Request to main:
    • Lint code (Flake8 for Python, Dart Analyzer for Flutter).
    • Run all unit and integration tests.
    • Build Docker image for backend.
    • Build Flutter app.
    • Report status back to the PR. Merging is blocked on failure.
  2. On Merge to main:
    • All previous steps are re-run.
    • Push Docker image to AWS ECR.
    • Deploy the new image to the Staging environment on AWS Fargate.
    • Run E2E tests against the Staging environment.
  3. On Git Tag (e.g., v1.1.0):
    • A manual approval step is required.
    • Upon approval, the validated image from Staging is promoted and deployed to the Production environment.

11.2 Monitoring & Logging

ToolPurposeConfiguration
AWS CloudWatch LogsCentralized logging for all services (FastAPI, Celery workers, Fargate).All application logs (stdout/stderr) will be streamed directly to CloudWatch.
AWS CloudWatch MetricsInfrastructure and application performance monitoring.Monitor CPU/Memory usage of Fargate tasks, RDS connections, ALB request counts, and 5XX error rates.
AWS CloudWatch AlarmsAutomated alerting.Alarms configured for high error rates (>1%), high CPU utilization (>80%), and application health check failures. Notifications sent to Slack and PagerDuty.
Sentry / Datadog APMApplication Performance Monitoring (APM) and error tracking.Integrated into the FastAPI application to trace requests, identify performance bottlenecks, and capture detailed error reports with stack traces.

12. Appendix

A. Glossary

See Section 2.3 Definitions & Acronyms.

B. Reference Documents

  • LoanMind AI Project Proposal & Vision Document
  • UI/UX Design Mockups (Link to Figma)
  • Alfresco Content Model Definition

C. Revision History

VersionDateAuthorChanges
1.0June 09, 2026Senior Software ArchitectInitial creation of the Software Requirement Document.

What's Next

➡️ Sample FSD — Loanmind AI — See the screen-by-screen functional specifications built on top of this architecture.