Software Requirements Specification (SRS) for Gold Loan Calculator

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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:

Functional Requirements:

Input:

The system shall allow users to enter the following details:

Calculation:

Output:

External Interface Requirements

User Interfaces:

Hardware Interfaces:

Software Interfaces:

Communication Interfaces:

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:

Test Case 2:

Test Case 3:

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:

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.

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