A bank statement analyzer is a tool or software that helps to automatically review and analyse the transactions on a bank statement. It can be used to identify any suspicious or fraudulent activity, track expenses, or monitor account balances. It can also provide various reports and summaries of financial transactions, such as expenses by category or merchant. The Bank Statement Analysis tool offers a comprehensive perspective on the financial well-being of borrowers, allowing for accurate determination of their ability to repay. This tool thoroughly examines the customer's transaction history to provide precise results. Integrating seamlessly into legacy systems, it categorizes and generates reports to meet specific requirements. The bank statement analysis report is fully automated, reducing the potential for human error and increasing productivity. Additionally, this solution streamlines the loan assessment and origination process, resulting in enhanced customer satisfacti