MUMBAI, India, Oct. 12 -- Intellectual Property India has published a patent application (202641117770 A) filed by Revathi R on October 01, 2026, for Mobile-Based Loan Utilization Tracking System With Ai-Driven Purpose-Consistency Verification And Blockchain-Anchored Utilization Ledger.
Inventors include Asok Kumar V; Bhavadharini G; Rithikroshini K; Kanisha Sri V; Hari Devi A; and Priyadharshini B.
The application for the patent was published on October 09, 2026, under issue no. 41/2026.
Abstract: Loan utilization monitoring is a critical process by which financial institutions verify that borrowed funds are used for their intended purpose. Traditional monitoring methods rely on manual verification, physical bank visits, and periodic pa...