Identity Proof :

• PAN Card
• Aadhaar Card
• Driving Licence
• Voter ID
• Passport
• Registered Rent Agreement

Income Documents - Salaried

• Salary slips for the last 6 months
• IT Return along with Form 16 for the past 2 years
• Bank account statements of previous 3 months that reflects your salary credits and other income
• Employment certificate from current employer

Income Documents - Self-employed

• Financial statements that include Balance Sheet and Profit and Loss Statement
• IT Returns for the last 2 years
• Proof of continuity of business income such as Bank Account Statement
• Evidence of doing business like GST Registration

Other Documents

• Personal loan application form
• Recent passport-sized photographs
• Processing fee cheque

Benefits

1. Boosts Business Growth:

• Financing for expansion, purchasing new equipment, or scaling operations.

2. Cash Flow Management:

• Helps manage working capital needs, including inventory and daily operations.

3. No Profit Sharing:

• Unlike equity funding, you retain full ownership and control of your business.

4. Tax Benefits:

• Interest payments are tax-deductible under applicable tax laws.

5. Improves Business Credibility:

• Timely repayments can enhance your credit score and credibility for future funding.

6. Diverse Application Purposes:

• Suitable for buying machinery, hiring staff, marketing campaigns, or meeting seasonal demands.

7. Empowering Women Entrepreneurs (aligned with your mission):

• Special loans and benefits for women-led businesses to promote financial inclusion.

8. Dedicated Support:

• Advisory services or dedicated relationship managers to guide applicants.

9. Tailored Solutions:

• Specific loans for startups, established businesses, or niche industries.

The following are the common eligibility criteria for a Business Loan:

• The applicant or the promoters of the business should be in the age group between 21 years to 65 years.
• Proprietorship/ partnership firms and Pvt Ltd companies, self-employed individuals/ professionals engaged either in manufacturing, services or trading.
• A business vintage of a minimum of 3 years.
• A minimum business turnover and a minimum annual turnover as per the ITR will be required. The quantum of the requirement will vary from lender to lender.
• The firm/company should be profit-making for at least a period of 1 year.

• Capital appreciation
• Sense of accomplishment
• Tax benefits on interest and principal components
• Zero prepayment charges
• Home loan top up and balance transfer facility
• Long repayment tenure of up to 30 years
• High loan amount of up to 5 Crores (can be more in some cases)
• Makes it easy to purchase a new or resale house/apartment/plot, house construction, or even renovation of an existing house.
• Repayment holiday facility
• Loan available as term loan and overdraft
• Fixed, floating, and hybrid rates of interest available

Identity Proof :

Every customer has to satisfy the Know Your Customer (KYC) norms stipulated by RBI. You have to provide the documents relating to your KYC, employment, business, and income.

• PAN Card
• Aadhar Card
• Voter ID
• Driving Licence
• Passport
• Address Proof

Registered Rent agreement

• Aadhar Card
• Driving License
• Lease agreement
• Passport
• Latest Gas or electricity bill

Other documents:

• Loan application form duly filled in
• Photographs
• Signature Proof

Property documents:

• Copies of all property documents that can establish the chain of ownership for the past 30 years.
• Encumbrance certificate for 30 years
• Property tax paid receipt in case you reside in the property being mortgaged (usually when you apply for Home Loan Balance Transfer).

Income Proof Documents:

• Salary slips for the last 6 months in case you are a salaried employee (In addition, you can provide IT returns for the past 3 years along with Form 16).
• IT returns for the past 3 years in case you are self-employed (Some banks accept 2 years IT returns as well).
• Statement of A/c for the past 1 year where your salary is credited (in case of salaried people).
• Profit and Loss statement and Balance sheet for the last 2 years in case of self-employed persons.
• Sales tax, GST registration certificates, if applicable.
• Partnership deed in case of partnership firms (if the applicant is one of the partners).
• Certificate of Incorporation in case of limited companies(if the applicant is one of the directors).

Documents Required from Non-Resident Indians (NRIs) Applicants

• Employer identity card
• Valid passport and visa (attested copy)
• Address proof with the current overseas address
• Copy of Continuous Discharge Certificate (CDC) for merchant navy employees.
• PIO card issued by Government of India (for PIOs)
• Documents must be attested by FOs/Rep. Offices or Overseas Notary Public or Indian Embassy/Consulate or officials of Branch/Sourcing outfits based in India.
• Home loan application - completed and duly filled
• 3 passport size photographs
• Identity proof (any one): PAN/ Passport/Driving License/Voter ID Card
• Residence proof (any one): Recent copy of Utility Bills/Piped Gas Bill/Passport/Driving License/Aadhar Card.

Income Proof Documents for NRI

For Salaried

• Valid work permit
• Employment contract with an English translation (if it’s in another language) duly attested by employer/consulate/Indian foreign office/Embassy.
• Last 3 months’ salary certificate or salary slips
• Last 6 months’ bank statements showing salary credit
• Latest salary certificate or salary slip in original
• Last year’s Individual Tax Return (duly acknowledged copy) except for NRIs/PIOs located in Middle East countries & Merchant Navy employees.

For Self-employed

• Business address proof
• Income proof in case of self-employed professionals/businessmen.
• Last 2 years’ balance sheet and P&L accounts (audited/C.A. certified).
• Last 2 years’ Individual Tax Return except for NRIs/PIOs located in Middle East countries
• Last 6 months’ bank statements of overseas account(s) in the name of individual as well as company/unit.

Various factors go into the determination of your Home Loan eligibility. The basic rules for salaried people and self-employed people are the same. Some banks stipulate a higher take-home pay percentage for self-employed persons.

• Your current income: Salaried employees can submit salary slips for the last three months and furnish a bank statement for the past six months where their salary is credited. Self-employed professionals should submit the statement of accounts for one year where they receive the credits for the services rendered by them.
• Continuity of employment/business: Salaried employees can rely on their income tax returns, Form 16, Form 26AS, etc to display their continuity of employment. They can also show a statement of the Provident Fund account to establish the links. Self-employed businessmen and professionals can furnish the income tax returns along with other financial statements like balance sheet and profit and loss statements. They can also furnish copies of invoices raised by their clients.
• Current obligations: It is possible that an applicant might have pre-existing personal loans, vehicle loans, and other loans for which they might be paying instalments. You have to account for these instalments as well while calculating Home Loan eligibility.
• Credit history: The repayment track record of the applicant is of utmost importance. Every bank or financial institution is a member of CIBIL or another credit bureau. These bureaus keep track of the loan activities of every borrower. Based on this information, they generate your credit history profile and quantify the same by generating your credit score. This is a number ranging between 300 and 900. The higher your score, the better are your chances of getting a loan. Naturally, it goes without saying that defaults, frequent requests for loans or missing payments can pull down your credit score. A score of 600 and above is considered fair for determining HL eligibility.
• Value of the property: The value of the property you purchase is important. The financing bank needs to determine the cost of the project it is going to finance. Banks usually finance up to 75% - 90% of the value of the property (also known as LTV or Loan to Value Ratio) with the balance being your contribution or margin as they call it.
• Legal position: The prime security for any home loan is a mortgage of the land and building they have financed. You have to create the mortgage and register the same with the respective registering authorities. In order to do so, you must be legally empowered to create the mortgage. Hence, banks and financial institutions insist on a legal scrutiny report from their panel of advocates who carry out a search for the previous 30 years to establish the ownership chain.
• Age of the borrower: The minimum age of the borrower at the time of home loan application should be 21. The age at the time of maturity should generally be 65 years. Some banks stretch this limit to 70 years.

Benefits

1. Boosts Business Growth:

• Easy to get: LAP is a secured loan making it easier for lenders to offer money to the borrower as it is backed by collateral.
• Longer tenure: Usually banks sanction a LAP between Rs. 3 Lakhs to Rs. 100 Crores. It is the only loan facility other than the Housing Loan that allows banks to stipulate repayment period of up to 20 years.
• Lower interest rate: In comparison to Personal Loans, a LAP loan has a lower rate of interest. The reason is the security offered to the banks.
• Lower EMI: When you have longer tenure and a lower interest rate, the EMIs are bound to be lower.
• Flexibility: Various banks have flexible loan products in this category, including term loans, overdraft facilities, reverse mortgage, etc.
• Types: LAP can have various types, such as loan against residential/commercial property, loan against rent receivables, reverse mortgage, and so on.
• Tax benefits: You get benefits tax benefits if you avail a loan against property for home renovation purposes. Usually, customers go for home renovation loans if they have to carry out repairs to the same property to be mortgaged to the bank. You might carry out repairs to your home but avail a mortgage loan by mortgaging another property. Under such circumstances, you have to prove that the end use of the loan is for carrying out renovations to the property you reside in.

Bank Name	Interest Rate	Processing Fee
HDFC Bank	9.50% - 11.00%	Up to 1.50% of loan amount + taxes
IDFC First	9.00% - 20.00%	Up to 3% of Loan Amount
HSBC Bank	9.75%	1% of loan amount + GST
Kotak Mahindra Bank	9.50% - 10.50%	1% of loan amount + GST
PNB Housing	9.24% - 12.45%	2% of loan amount + GST
State Bank of India	10.10% - 11.65%	Up to 1% of loan amount
Federal Bank	11.15% - 14.80%	0.50% of loan amount
Home First	12.80% - 18.50%	Rs 2,500 + GST
Bank of India	10.10%	Up to 0.50% of loan amount
Bank of Baroda	10.85% - 16.50%	Up to 1% of loan amount
IDBI Bank	9.50% - 11.45%	1% of loan amount
Central Bank of India	9.75% - 13%	Up to 1% of loan amount
Bank of Maharashtra	10.95% - 11.95%	1% of loan amount + GST
Jammu & Kashmir Bank	11.45%	Up to 1% of loan amount + GST
South Indian Bank	13.15% - 14.40%	1% of loan amount
YES Bank	8.85%	Up to 1% of loan amount + GST

Identity Proof

• PAN Card
• Aadhaar Card
• Voter ID
• Passport
• Driving Licence

Address Proof

• Registered Rent agreement
• Aadhaar Card
• Driving Licence
• Lease agreement
• Passport
• Latest gas/Electricity bill

Income/Financial Documents

• Salary slips for the last 6 months for salaried employees (In addition, IT returns for the previous 3 years along with Form 16).
• IT returns for the past 3 years for self-employed persons (Some banks accept 2 years IT returns as well).
• Statement of A/c for the past 1 year where your salary is credited (in the case of salaried people).
• Statement of A/c for the past 1 year where your salary is credited (in the case of salaried people).
• Profit and Loss statement and Balance sheet for the last 2 years in the case of self-employed persons.
• Sales tax, GST registration certificates, if applicable.
• Partnership deed in case of partnership firms (if the applicant is one of the partners or the firm itself).
• Certificate of Incorporation for limited companies(if the applicant is one of the directors or the company itself).

Property Documents

• Copies of all property documents that can establish the chain of ownership for the past 30 years
• Encumbrance certificate for 30 years
• Property tax paid receipt

Other Documents

• Loan application form
• Processing fee cheque

Each lender has their own eligibility criteria for availing LAP. Below are some common criteria to be eligible for a mortgage loan:

• Age: Minimum 21 years and maximum 65 years.
• Profession: Both self-employed individuals and salaried persons with a regular source of income are eligible for a Loan Against Property.
• Joint applications: Co-applicants are permissible. Lenders can accept the income of the co-applicants for arriving at the eligibility.

Ownership:

• The applicant should have unencumbered property in their name. The property can be residential, commercial, or industrial.
• Agricultural land is not acceptable as security for the loan.
• Many banks stipulate that the property should either be vacant or self-occupied.
• Some of the banks do not consider a property that is let out on rent or lease to third parties.
• Some lending institutions sanction loan against vacant residential plots
• Margin: The margin requirement for Loan Against Property can be 10% to 50% of the market value of the property.
• Current obligations: The take-home pay norms come into effect. Usually, one should have a take-home pay of 50% after accounting for all the EMIs including the proposed one for the
• Loan against Property. Hence, it is imperative for the borrowers to declare their current obligations.
• Credit history: The lending banks are members of CIBIL (Credit Information Bureau (India) Limited). They can pull out the records from CIBIL to determine your credit score. Usually, a • credit score in the range of 600 and above is acceptable.

Let’s dig deep into the process of Home Loan Balance Transfer and understand how it works.

• The takeover of the outstanding Home Loan balance from the existing lender is treated as a fresh loan by the new lender.
• Just like a new loan, the lender will assess stability of income, credit score, and KYC verification. A prescribed application for the balance transfer should be submitted to the existing lender.
• The panel advocate and the panel valuer of the new lender will undertake scrutiny of property documents and property valuation.
• The transfer of balance will be allowed by the existing lender only after the loan has run for a minimum period as prescribed at the time of loan approval. Until then, the No Objection
• Certificate (NOC) will not be issued by the lender.
• The new lender will treat the balance transfer like a fresh loan and hence processing charges will be collected at the prescribed rate, which ranges from 0.5% to 1% of the loan amount.
• On transfer of the outstanding balance subsequent EMI becomes payable to the new lender.

Bank/NBFC	Minimum Interest Rates	Processing Fee
HDFC Bank	8.75% - 9.65%	0.50% of the loan amount with a maximum of 3,000.
IDFC First Bank	8.85%	up to 0.50% of the loan amount
Kotak Bank	8.75%	up to 0.50% of the loan amount
Bajaj Finserv	8.50% - 15.00%	Up to 0.50% - 7%
Home First Finance	8.00% - 22.00%	Up to 0.50% - 7%
Bank of Baroda	8.40% - 10.60%	0.50% of the loan amount with a minimum of 7,500 and a maximum of 12,500.
SBI	8.50% - 10.05%	0.35% of the loan amount (minimum: Rs 10000 ; maximum: Rs 30000 ) GST as applicable
HSBC Bank	8.50%	0.50% of the loan amount with a maximum of 10,000.
Axis Bank	8.75% - 9.10%	Up to 1% of the loan amount with a maximum of 10,000.
ICICI Bank	8.75%	0.50% of the loan amount.
Punjab National Bank	8.40% - 10.25%	0.50% of the loan amount.
Canara Bank	8.40% to 11.75%	0.50% of the loan amount.
Yes Bank	9.40% - 10.25%	2% on the loan amount with a maximum of 15,000.

Identity Proof : (any of the following)

• PAN Card
• Aadhaar Card
• Voter ID
• Passport
• Driving Licence

Address Proof:

• (any of the following)
• Registered Rent agreement
• Aadhaar Card
• Driving Licence
• Lease agreement
• Passport
• Latest gas/Electricity bill

Salaried Employees:

• Salary slips for the last 6 months
• IT returns for the previous 3 years
• Form 16

Statement of A/c for the past 1 year where your salary is credited Self-employed persons-

• IT returns for the past 2-3 years, as per lender’s requirement
• Profit and Loss statement
• Balance sheet for the last 2 years
• Sales tax or GST registration certificates

Partnership deed in case of partnership firms (if the applicant is one of the partners or the firm itself)

• Certificate of Incorporation for limited companies (if the applicant is one of the directors or the company itself)
• Duly filled loan application form
• Passport size pictures
• Copies of all property documents that can establish the chain of ownership for the past 30 years
• Encumbrance certificate for 30 years
• Property tax payment receipts

The eligibility criteria for the Home Loan Balance Transfer are similar to that of a home loan. The factors for eligibility can be listed as:

• Existing Loan: The applicant should be serving a Home Loan from RBI registered bank/ NBFC. The lender will also assess payment history of EMIs.
• Age: Applicants for HLBT should be between 21 to 60 years of age. The criteria may slightly vary for self employed individuals with age relaxation up till 65-70 years..
• Occupation: Salaried, self-employed, professionals as well as business owners can apply.
• Co-applicants: Up to 3 co-applicants can be added.
• Income: The minimum income should be Rs 15000. However the criteria will vary across the lenders.
• Experience: Even for HLBT, your business/ job continuity will matter. Experience of at least 2-3 years with the present employer and business vintage of 3 years with 2 years of profit-making period are considered.
• Credit Score: The credit score should be above 650. In case the CIBIL Score has declined from score assessed previously at the time of availing of existing Home Loan & is not as per lender’s credit policy, the balance transfer request can be rejected.
• Debt to income ratio of 40% to 50% should be complied with.
• LTV: Up to 90% of property value and as per lender’s credit policy.

If you not eligible for Personal loan because of CIBIL score or any other reason than you can also take Personal loan basis of used car by meeting the bank criteria.

Features:

• Loans available for pre-owned cars, MUVs, and SUVs less than 10 years old.
• Customizable loan tenure options ranging from 1 to 5 years, depending on the vehicle's age and condition.
• Competitive rates and lower EMIs compared to unsecured loans.
• Simple requirements for salaried and self-employed individuals, as well as partnership firms.
• Quick loan approval and disbursement through a robust network

Benefits:

• Diverse Choices: Access to financing for a wide range of pre-owned vehicles.
• Cost-Effective Financing: Save more with affordable rates and manageable EMIs.
• Tailored Repayment Plans: Flexible terms that fit your financial situation.
• Hassle-Free Application: Simplified process ensures a smooth experience.
• Faster Ownership: Efficient disbursement process means you can drive your car sooner.

Lender	Loan Band	Business	RAAC Rate	Min Rate	RAAC Tenor	Min Tenor	PF	PF Capping
RUPYY EMI	<5lacs	Salaried/Purchase	15.25%	14.00%	36	25	1.50%	NA
	>=5lacs to <10lacs		15.00%	13.50%	36	25	1.50%	NA
	>=10lacs to <15lacs		13.75%	13.00%	36	25	1.50%	NA
	>15 lacs		12.75%	12.75%	36	25	1.50%	NA
	<5lacs	Self-Employed/Purchase	16.75%	15.25%	36	25	1.50%	NA
	>=5lacs to <10lacs		16.50%	15.00%	36	25	1.50%	NA
	>=10lacs to <15lacs		14.25%	13.50%	36	25	1.50%	NA
	>15 lacs		13.50%	13.50%	36	25	1.50%	NA
	<5lacs	NIP/Purchase	17.50%	16.00%	36	25	1.50%	NA
	>=5lacs to <=8lacs		17.00%	15.50%	36	25	1.50%	NA
IDFC (Urban)	<5lacs	Repurchase	15.75%	13.00%	31	18	1%	4000
	>=5lacs to <10lacs	Repurchase	15.50%	12.75%	31	18	1%	4000
	>=10lacs to <20lacs	Repurchase	14.50%	12.25%	31	18	1%	4000
	>=20lacs	Repurchase	13.50%	11.75%	31	18	1%	4000
	CNC/Refin/BT/Int Topup	16.00%	13.75%	31	18	1%	NA
	>=5lacs to <10lacs	CNC/Refin/BT/Int Topup	16.05%	13.50%	31	18	1%	NA
	>=10lacs to <20lacs	CNC/Refin/BT/Int Topup	15.85%	13.50%	31	18	1%	NA
	>=20lacs	CNC/Refin/BT/Int Topup	15.85%	13.50%	31	18	1%	NA
IDFC (Rural)	Any Amount	All Products	16.00%	15.50%	36	36	1.50%	NA
Axis	<5lacs	Repurchase	16.00%	13.00%	36	18	1%	6000
	>=5lacs to <10lacs	Repurchase	14.90%	12.75%	36	18	1%	6000
	>=10lacs to <20lacs	Repurchase	14.60%	12.25%	36	18	1%	6000
	>=20lacs	Repurchase	13.75%	12.00%	36	18	1%	6000
	<5lacs	CNC	16.00%	13.25%	36	18	1%	6000
	>=5lacs to <10lacs	CNC	15.50%	13.00%	36	18	1%	6000
	>=10lacs to <20lacs	CNC	15.25%	12.50%	36	18	1%	6000
	>=20lacs	CNC	14.00%	12.25%	36	18	1%	6000
	<5lacs	External BT	17.25%	16.00%	36	18	1%	NA
	>=5lacs to <10lacs	External BT	16.90%	16.00%	36	18	1%	NA
	>=10lacs to <20lacs	External BT	16.65%	15.00%	36	18	1%	NA
	>=20lacs	External BT	16.40%	15.00%	36	18	1%	NA
	<5lacs	Internal BT	17.75%	16.00%	36	18	1%	NA
	>=5lacs to <10lacs	Internal BT	16.75%	16.00%	36	18	1%	NA
	>=10lacs to <20lacs	Internal BT	16.50%	15.00%	36	18	1%	NA
	>=20lacs	Internal BT	16.00%	15.00%	36	18	1%	NA
Hero Fincorp	Any Amount	Repurchase	16.75%	14.25%	36	18	1%	NA
	Any Amount	CNC/Refin/BT/Int Topup	17.00%	15.75%	36	18	1%	NA
ICICI Bank	<5lacs	Repurchase	16.30%	13.00%	36	18	1%	NA
	>=5lacs to <10lacs	Repurchase	16.05%	12.75%	36	18	1%	NA
	>=10lacs to <20lacs	Repurchase	15.55%	12.25%	36	18	1%	NA
	>=20lacs	Repurchase	14.55%	12.00%	36	18	1%	NA
	<5lacs	Maxx Refinance/Refinance	17.05%	13.25%	36	18	1%	NA
	>=5lacs to <10lacs	Maxx Refinance/Refinance	16.55%	13.00%	36	18	1%	NA
	>=10lacs to <20lacs	Maxx Refinance/Refinance	16.05%	12.50%	36	18	1%	NA
	>=20lacs	Maxx Refinance/Refinance	15.30%	12.25%	36	18	1%	NA
	<5lacs	External BT	17.55%	13.75%	36	18	1%	NA
	>=5lacs to <10lacs	External BT	17.30%	13.50%	36	18	1%	NA
	>=10lacs to <20lacs	External BT	17.05%	13.00%	36	18	1%	NA
	>=20lacs	External BT	16.80%	12.75%	36	18	1%	NA
Piramal	Any Amount #*	Repurchase #*	16.00%	15.00%	36	18	1.50%	NA
	Any Amount	Refinance	16.50%	15.50%	36	18	1.50%	NA
	Any Amount	External BT	17.00%	16.50%	36	18	1.50%	NA
HDFC	<5lacs	Repurchase	14.25%	12.50%	36	18	NA	NA
	>=5lacs to <10lacs	Repurchase	13.75%	12.00%	36	18	NA	NA
	>=10lacs to <20lacs	Repurchase	12.75%	11.50%	36	18	NA	NA
	>=20lacs	Repurchase	12.75%	11.00%	36	18	NA	NA
	<5lacs	CNC/Refin/BT/Int Topup	14.25%	12.50%	36	18	NA	NA
	>=5lacs to <10lacs	CNC/Refin/BT/Int Topup	13.75%	12.00%	36	18	NA	NA
	>=10lacs to <20lacs	CNC/Refin/BT/Int Topup	12.75%	11.50%	36	18	NA	NA
	>=20lacs	CNC/Refin/BT/Int Topup	12.75%	11.00%	36	18	NA	NA
Poonawalla Fincorp	Any Amount	All Products	14.75%	14.00%	36	25	1%	NA
AU	Any Amount	All Products	NA	NA	25	18	NA	NA
Mahindra (NIP Self Employed)	Any Amount	All Products	NA	NA	NA	NA	NA	NA
Mahindra (IP SE and Salaried)	Any Amount	All Products	15.50%	13.50%	NA	NA	1%	NA
Kogta	Any Amount	All Products	17.00%	16.25%	36	18	NA	NA
Muthoot	Any Amount	All Products	18.10%	18.10%	36	18	NA	NA
Trillion Loans	Any Amount	All Products	16.75%	15.50%	36	24	1%	NA
ITI Finance (Fortune)	Any Amount	All Products	21.50%	20.00%	36	18	1.50%	NA
Bajaj Finserv	<5lacs	Repurchase	15.50%	13.00%	25	18	1.25%	NA
	>=5lacs to <10lacs	Repurchase	15.00%	12.00%	25	18	1.05%	NA
	>=10lacs to <20lacs	Repurchase	14.00%	11.00%	25	18	1.05%	NA
	>=20lacs	Repurchase	13.60%	11.00%	25	18	1%	NA
	Any Amount @	External BT	16.00%	16.00%	25	18	1.25%	NA
	<5lacs	CNC/Refin/ZLC	16.55%	11.00%	25	18	1.25%	NA
	>=5lacs to <10lacs	CNC/Refin/ZLC	16.40%	11.00%	25	18	1.25%	NA
	>=10lacs to <20lacs	CNC/Refin/ZLC	16.30%	11.00%	25	18	1.05%	NA
	>=20lacs	CNC/Refin/ZLC	15.90%	11.00%	25	18	1.05%	NA
Bajaj Finserv (Easy Used Car)	Any Amount	Any Product	18.00%	17.50%	25	18	2.00%	NA
Yes Bank	<5lacs	Repurchase	15.50%	14.00%	36	18	1%	NA
	>=5lacs to <10lacs	Repurchase	15.50%	12.50%	36	18	1%	6500
	>=10lacs to <20lacs	Repurchase	15.50%	12.00%	36	18	1%	10000
	>=20lacs	Repurchase	15.50%	12.00%	36	18	1%	10000
	<5lacs	CNC/Refin/BT/Int Topup	17.00%	15.75%	36	18	1%	15000
	>=5lacs to <10lacs	CNC/Refin/BT/Int Topup	16.50%	14.75%	36	18	1%	15000
	>=10lacs to <20lacs	CNC/Refin/BT/Int Topup	16.00%	14.50%	36	18	1%	15000
	>=20lacs	CNC/Refin/BT/Int Topup	16.00%	14.00%	36	18	1%	15000
Indusind #	Any Amount	Any Product	15.00%	14.00%	60	60	1%	NA
	Any Amount	Any Product	15.50%	14.00%	59	48	1%	NA
	Any Amount	Any Product	16.00%	14.00%	47	36	1%	NA
	Any Amount	Any Product	16.50%	15.00%	35	24	1%	NA
Tata Capital	Any Amount	Repurchase	14.25%	12.25%	36	18	1%	NA
	Any Amount	Refinance	15.25%	13.25%	36	18	1%	NA
	Any Amount	CNC	15.75%	13.75%	36	18	1%	NA
	Any Amount	Multiplier	16.00%	14.75%	36	18	1%	NA
Kotak(IP Segment) (NIP segment for Kotak has been discontinued. No NIP cases to be sourced)	<10lacs	Repurchase	15.00%	13.00%	60	24	1%	NA
	>=10lacs	Repurchase	14.00%	12.00%	60	36	1%	NA
	<5lacs	CNC/Refin/BT/Int Topup	17.50%	15.00%	36	25	1%	NA
	>=5lacs to <10lacs	CNC/Refin/BT/Int Topup	16.50%	14.00%	36	25	1%	NA
	>=10lacs	CNC/Refin/BT/Int Topup	16.00%	13.50%	36	25	1%	NA
Equitas # (RAAC rate applicable for Income Proof and SE)	Any Amount	All Products	15.00%	13.00%	36	18	1%	NA
Equitas (Vintage Cars, >12Years, Income Proof) ##	Any Amount	All Products	19.00%	16.00%	36	18	1%	NA
TVS Credit (< 12 years EOT)^^	Any Amount	All Products (Salaried)	18.00%	16.00%	36	18	1.50%	NA
Cholamandalam	Any Amount	All Products	18.00%	16.50%	25	18	2%	NA
Manappuram	Any Amount	All Products	18.50%	17.50%	36	18	1.25%	NA
ICICI Bank (Int BT)	Any Amount	Int BT	17.00%	15.00%	36	36	1%	NA
ICICI Bank (Int Topup)	Any Amount	Topup	17.00%	16.50%	36	25	1%	NA
Ambit Finvest	Any Amount	All Products	17.50%	16.00%	36	25	2%	NA
Bandhan Bank	<5lacs	All Products	15.00%	12.00%	36	25	1%	10000
	>=5lacs to <10lacs	All Products	14.75%	11.65%	36	25	1%	10000
	>=10lacs to <20lacs	All Products	14.50%	11.65%	36	25	1%	10000
HDB Financial Services	Any Amount	All Products	17.51%	15.51%	36	18	1.5%	NA
Muthoot Capital	<10lacs	All Products	19.00%	16.00%	36	25	1.5%	NA
	>=10lacs to <20lacs	All Products	17.50%	15.00%	36	25	1.5%	NA
	>=20lacs	All Products	16.00%	14.00%	36	25	1.5%	NA
Suneet Finman	Any Amount	All Products	18.00%	18.00%	36	25	4%	NA
Toyota Financial Services	Any Amount	All Products	16.50%	14.25%	36	31	2%	NA

Eligibility

• Salaried
• Self Employed
• Client with No Income Proof
• Age>23 Years