14

Software Requirements Specification (SRS) for Gold Loan Calculator

Introduction

Purpose:

The purpose of this document is to define the requirements for the development of a Gold Loan Calculator. This web-based application aims to estimate the loan amount and interest for gold loans based on the value of the gold pledged.

Scope:

The Gold Loan Calculator will provide users with an interface to input details such as the weight and purity of the pledged gold. The application will calculate and display the estimated loan amount and interest based on the provided information.

System Overview

System Description:

The system will be a client-server application. Users will access the Gold Loan Calculator through a web browser. The server will handle the logic for loan amount and interest calculations.

System Architecture:

The application will follow a three-tier architecture: presentation layer (client-side browser), application layer (server-side processing), and data layer (storage and retrieval of data).

Functional Requirements

Use Cases:

Estimate Gold Loan Details:

  • Users can input details such as the weight and purity of the pledged gold.
  • The system will calculate and display the estimated loan amount and interest based on the provided information.
  • Users can customize purity levels and tenure to get more accurate loan estimates.

Functional Requirements:

Input:

The system shall allow users to enter the following details:

  • Weight of Pledged Gold (in grams)
  • Purity of Pledged Gold (in carats or percentage)
  • Loan Tenure (in months)

Calculation:

  • The system shall calculate the estimated loan amount and interest based on standard parameters and user-input details.

Output:

  • The system shall display the calculated loan amount and interest to the user.

External Interface Requirements

User Interfaces:

  • The user interface shall consist of input fields for the weight and purity of the pledged gold, along with a dropdown menu or input field for loan tenure, and a “Calculate” button.
  • The calculated loan amount and interest shall be displayed prominently.

Hardware Interfaces:

  • The system should be compatible with standard computing hardware.

Software Interfaces:

  • The application will be developed using HTML, CSS, and JavaScript for the frontend.
  • The backend can be implemented using a server-side framework (e.g., Node.js, Django) with a database for data storage.

Communication Interfaces:

  • The application will communicate with the server for loan amount and interest calculations.

Performance Requirements

Response Time:

The system should provide a response time of under 3 seconds for a typical user input.

Throughput:

The application should handle at least 50 simultaneous users.

System Constraints

Regulatory Requirements:

The application should comply with relevant financial regulations for gold loans.

Hardware Limitations:

The system should be compatible with devices supporting standard web browsers.

Security Requirements

Authentication:

User authentication may be implemented to personalize loan amount and interest estimates.

Data Protection:

User data, if stored, should be securely protected.

Quality Attributes

Reliability:

The application should provide accurate loan amount and interest estimates based on the entered details.

Maintainability:

The code should be well-documented for ease of maintenance.

Usability:

The user interface should be intuitive, requiring minimal guidance.

Testing Requirements

Test Cases:

Test cases should cover various scenarios with different weights, purities, and tenures to ensure accurate loan amount and interest estimates.

Test Case 1:

  • Inputs: Weight of Pledged Gold = 20 grams, Purity of Pledged Gold = 22 carats, Loan Tenure = 12 months.
  • Expected Output: Estimated Loan Amount ≈ 1,20,000 INR, Estimated Interest ≈ 6,000 INR.

Test Case 2:

  • Inputs: Weight of Pledged Gold = 30 grams, Purity of Pledged Gold = 18 carats, Loan Tenure = 24 months.
  • Expected Output: Estimated Loan Amount ≈ 1,50,000 INR, Estimated Interest ≈ 9,000 INR.

Test Case 3:

  • Inputs: Weight of Pledged Gold = 15 grams, Purity of Pledged Gold = 24 carats, Loan Tenure = 18 months.
  • Expected Output: Estimated Loan Amount ≈ 90,000 INR, Estimated Interest ≈ 4,500 INR.

Acceptance Criteria:

The application is considered successful if it produces correct loan amount and interest estimates based on the provided details.

Project Timeline

Milestones:

Design, Development, Testing, Deployment.

Development Phases:

Frontend development, Backend development, Testing, Deployment.

Glossary

None

Database Structure

Tables:

GoldLoan_Calculator_Records:

  • RecordID (Primary Key, Auto-increment)
  • WeightOfPledgedGold (Decimal)
  • PurityOfPledgedGold (Decimal)
  • LoanTenure (Integer)
  • EstimatedLoanAmount (Decimal)
  • EstimatedInterest (Decimal)
  • CalculationDate (DateTime)

Conclusion

This SRS document outlines the requirements for the Gold Loan Calculator. It serves as a guide for the development team and ensures that the application meets the specified criteria. Review and approval by relevant stakeholders are essential before proceeding with the development phase.

130 comments

  1. Hello there, just became alert to your blog through Google, and found that it is really
    informative. I’m gonna watch out for brussels.
    I’ll appreciate if you continue this in future. Numerous people will be benefited from your writing.
    Cheers! Escape room lista

  4. A motivating discussion is worth comment. I do believe that you should publish more about this topic, it may not be a taboo subject but generally people do not speak about such issues. To the next! Cheers!

  6. You are so interesting! I don’t believe I’ve read through a single thing like this before. So good to find another person with a few original thoughts on this subject matter. Really.. thank you for starting this up. This site is something that’s needed on the web, someone with some originality.

  7. Oh my goodness! Amazing article dude! Thank you so much, However I am going through troubles with your RSS. I don’t understand the reason why I am unable to join it. Is there anyone else getting identical RSS issues? Anyone who knows the solution can you kindly respond? Thanks!!

  11. Hi there, I think your site may be having internet browser compatibility issues. Whenever I take a look at your blog in Safari, it looks fine however when opening in I.E., it’s got some overlapping issues. I merely wanted to provide you with a quick heads up! Aside from that, great blog.

  16. Hello there! This post could not be written much better! Looking through this article reminds me of my previous roommate! He continually kept preaching about this. I’ll send this post to him. Pretty sure he’s going to have a good read. Thank you for sharing!

  18. I needed to thank you for this good read!! I absolutely enjoyed every little bit of it. I have got you book-marked to look at new things you post…

  23. Greetings, I think your web site could possibly be having internet browser compatibility issues. Whenever I look at your website in Safari, it looks fine however, if opening in Internet Explorer, it’s got some overlapping issues. I merely wanted to give you a quick heads up! Besides that, excellent blog!

  26. This is the perfect site for anybody who really wants to find out about this topic. You realize so much its almost tough to argue with you (not that I personally would want to…HaHa). You definitely put a new spin on a subject which has been discussed for ages. Excellent stuff, just excellent.

  45. I’m very pleased to uncover this web site. I need to to thank you for ones time just for this wonderful read!! I definitely loved every part of it and i also have you book-marked to check out new things on your web site.

  51. Oh my goodness! Amazing article dude! Thanks, However I am having problems with your RSS. I don’t understand why I can’t join it. Is there anybody else getting similar RSS issues? Anybody who knows the solution can you kindly respond? Thanx!!

  55. You are so cool! I don’t believe I have read through anything like that before. So nice to find another person with genuine thoughts on this issue. Seriously.. thank you for starting this up. This website is something that’s needed on the web, someone with a bit of originality.

  60. I blog frequently and I really appreciate your information. This great article has really peaked my interest. I’m going to bookmark your site and keep checking for new information about once per week. I opted in for your Feed too.

  62. Having read this I believed it was very enlightening. I appreciate you taking the time and energy to put this information together. I once again find myself spending way too much time both reading and leaving comments. But so what, it was still worthwhile!

  65. Howdy! This blog post could not be written much better! Reading through this post reminds me of my previous roommate! He constantly kept talking about this. I will forward this post to him. Fairly certain he’s going to have a good read. I appreciate you for sharing!

  66. Hello there, I do believe your blog may be having internet browser compatibility issues. Whenever I look at your web site in Safari, it looks fine but when opening in Internet Explorer, it’s got some overlapping issues. I merely wanted to give you a quick heads up! Apart from that, excellent site.

  68. I seriously love your website.. Very nice colors & theme. Did you make this amazing site yourself? Please reply back as I’m attempting to create my own personal site and want to find out where you got this from or exactly what the theme is called. Thank you.

  73. This is a very good tip particularly to those new to the blogosphere. Simple but very accurate info… Many thanks for sharing this one. A must read article.

  78. You’re so interesting! I don’t believe I’ve truly read through anything like this before. So wonderful to find somebody with some original thoughts on this issue. Seriously.. many thanks for starting this up. This website is something that’s needed on the web, someone with a little originality.

  79. When I originally left a comment I appear to have clicked the -Notify me when new comments are added- checkbox and from now on each time a comment is added I recieve 4 emails with the same comment. Perhaps there is a way you can remove me from that service? Cheers.

  81. Howdy! This article couldn’t be written any better! Looking at this post reminds me of my previous roommate! He constantly kept talking about this. I will send this post to him. Fairly certain he’ll have a very good read. I appreciate you for sharing!

  82. Hello there! Do you know if they make any plugins to help with SEO?
    I’m trying to get my blog to rank for some targeted keywords but I’m not seeing very good gains.
    If you know of any please share. Cheers! I saw similar
    blog here: Eco bij

  83. May I simply just say what a comfort to find someone that genuinely knows what they are discussing on the internet. You definitely know how to bring an issue to light and make it important. More people have to look at this and understand this side of the story. I can’t believe you’re not more popular since you definitely have the gift.

  89. Good day! I could have sworn I’ve visited this site before but after browsing through some of the articles I realized it’s new to me. Nonetheless, I’m definitely pleased I found it and I’ll be bookmarking it and checking back often!

  90. Excellent web site you’ve got here.. It’s difficult to find excellent writing like yours nowadays. I honestly appreciate individuals like you! Take care!!

  91. I absolutely love your blog.. Great colors & theme. Did you create this website yourself? Please reply back as I’m wanting to create my very own website and would love to find out where you got this from or exactly what the theme is named. Appreciate it!

  92. I was very pleased to discover this website. I want to to thank you for your time just for this wonderful read!! I definitely enjoyed every little bit of it and i also have you bookmarked to look at new things in your web site.

  93. When I initially commented I appear to have clicked on the -Notify me when new comments are added- checkbox and from now on whenever a comment is added I receive four emails with the exact same comment. Perhaps there is an easy method you are able to remove me from that service? Thank you.

  97. Way cool! Some very valid points! I appreciate you penning this article and also the rest of the website is really good.

  100. You made some decent points there. I looked on the web for additional information about the issue and found most people will go along with your views on this web site.

  101. An impressive share! I have just forwarded this onto a friend who has been doing a little homework on this. And he actually bought me dinner simply because I found it for him… lol. So allow me to reword this…. Thank YOU for the meal!! But yeah, thanks for spending time to talk about this subject here on your internet site.

  109. A motivating discussion is definitely worth comment. I think that you need to publish more about this subject, it may not be a taboo matter but usually folks don’t speak about these subjects. To the next! Best wishes!

  110. Howdy! I could have sworn I’ve visited this site before but after looking at some of the articles I realized it’s new to me. Anyhow, I’m definitely delighted I discovered it and I’ll be bookmarking it and checking back regularly!

  114. Having read this I believed it was extremely enlightening. I appreciate you spending some time and energy to put this short article together. I once again find myself spending a significant amount of time both reading and posting comments. But so what, it was still worthwhile.

  117. After looking at a handful of the articles on your website, I really like your technique of writing a blog. I saved as a favorite it to my bookmark website list and will be checking back in the near future. Please check out my web site as well and tell me what you think.

  118. I truly love your site.. Very nice colors & theme. Did you create this amazing site yourself? Please reply back as I’m trying to create my very own blog and would like to find out where you got this from or what the theme is called. Kudos.

  119. Hello there! I could have sworn I’ve visited this blog before but after browsing through some of the posts I realized it’s new to me. Nonetheless, I’m definitely happy I stumbled upon it and I’ll be book-marking it and checking back frequently.

  120. Oh my goodness! Incredible article dude! Thank you so much, However I am experiencing problems with your RSS. I don’t understand the reason why I can’t join it. Is there anybody getting similar RSS problems? Anyone who knows the solution can you kindly respond? Thanx.

  123. Right here is the right website for anyone who would like to understand this topic. You understand a whole lot its almost tough to argue with you (not that I actually would want to…HaHa). You certainly put a brand new spin on a topic which has been discussed for ages. Wonderful stuff, just excellent.

  125. Greetings! Very useful advice in this particular post! It is the little changes that make the most significant changes. Thanks for sharing!

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like
46

Software Requirements Specification (SRS) for EMI Calculator

Software Requirements Specification (SRS) for EMI Calculator Introduction Purpose: The purpose of…
6

Software Requirements Specification (SRS) for Loan Tenure Calculator

Software Requirements Specification (SRS) for Loanecur Tenure Calculator Introduction Purpose: The purpose…
38 1

Software Requirements Specification (SRS) for Home Loan EMI Calculator

Software Requirements Specification (SRS) for Home Loan EMI Calculator Introduction Purpose: The…
38

Software Requirements Specification (SRS) for Car Loan EMI Calculator

Software Requirements Specification (SRS) for Car Loan EMI Calculator Introduction Purpose: The…