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Multimodal RAG Based System to Handle Financial Documents


Authors : Rucha Dhage; Dr. Manisha Bharati

Volume/Issue : Volume 11 - 2026, Issue 5 - May


Google Scholar : https://tinyurl.com/592dsef7

Scribd : https://tinyurl.com/4kwcv528

DOI : https://doi.org/10.38124/ijisrt/26may2022

Note : A published paper may take 4-5 working days from the publication date to appear in PlumX Metrics, Semantic Scholar, and ResearchGate.


Abstract : Traditional Retrieval-Augmented Generation (RAG) systems are very effective at querying text-based documents, but real-world documents are not just text based, they are complex and contain images, graphs, tables and more. Thus, traditional text only based RAG systems struggle to process such multimodal documents that contain more than just text effectively. This project presents the development of a Multimodal RAG system which is designed to bridge this gap. By Utilizing LangChain, HuggingFace embeddings, ChromaDB, and the LLaVA 1.5 Vision-Language Model (VLM), the system processes documents that contains not just text, but images and tabular data as well and extracts textual and visual elements such as images and graphs, and answers user queries based on both text and visual information. By indexing both textual and visual summaries into a unified vector space, the system retrieves multimodal context and gives accurate, grounded responses while reducing hallucinations related to chart colors and visual data trends.

Keywords : Retrieval-Augmented Generation (RAG), LangChain, ChromaDB, HuggingFace Embeddings, LLaVA, Multimodal Retrieval.

References :

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  2. N. Chinaksorn and D. Wanvarie, “LLM-RAG for Financial Question Answering: A Case Study from SET50,” in 2025 International Conference on Artificial Intelligence in Information and Communication (ICAIIC), Fukuoka, Japan, 2025, pp. 952–957.
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Traditional Retrieval-Augmented Generation (RAG) systems are very effective at querying text-based documents, but real-world documents are not just text based, they are complex and contain images, graphs, tables and more. Thus, traditional text only based RAG systems struggle to process such multimodal documents that contain more than just text effectively. This project presents the development of a Multimodal RAG system which is designed to bridge this gap. By Utilizing LangChain, HuggingFace embeddings, ChromaDB, and the LLaVA 1.5 Vision-Language Model (VLM), the system processes documents that contains not just text, but images and tabular data as well and extracts textual and visual elements such as images and graphs, and answers user queries based on both text and visual information. By indexing both textual and visual summaries into a unified vector space, the system retrieves multimodal context and gives accurate, grounded responses while reducing hallucinations related to chart colors and visual data trends.

Keywords : Retrieval-Augmented Generation (RAG), LangChain, ChromaDB, HuggingFace Embeddings, LLaVA, Multimodal Retrieval.

Paper Submission Last Date
31 - July - 2026

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