Paytail 2.0 loans, including: 1) Loan amounts must be between Rs. 3,500 and Rs. 200,000. Applicants must be between 21-65 years old and have a monthly income of at least Rs. 15,000 for salaried or Rs. 20,000 for self-employed. 2) Maximum loan eligibility is 5 times monthly income. Loan tenure can be between 3 months to 18 months. 3) For customers with credit history, the minimum bureau score is 600 and there cannot be any written off amounts in the last 12 months, 30+ DPD instances in last 3 months,">Paytail 2.0 loans, including: 1) Loan amounts must be between Rs. 3,500 and Rs. 200,000. Applicants must be between 21-65 years old and have a monthly income of at least Rs. 15,000 for salaried or Rs. 20,000 for self-employed. 2) Maximum loan eligibility is 5 times monthly income. Loan tenure can be between 3 months to 18 months. 3) For customers with credit history, the minimum bureau score is 600 and there cannot be any written off amounts in the last 12 months, 30+ DPD instances in last 3 months,">
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    Paytail Credit Parameters

    Uploaded by

    Amit Singh
    The document outlines new credit policy criteria for Fintree<>Paytail 2.0 loans, including: 1) Loan amounts must be between Rs. 3,500 and Rs. 200,000. Applicants must be between 21-65 years old and have a monthly income of at least Rs. 15,000 for salaried or Rs. 20,000 for self-employed. 2) Maximum loan eligibility is 5 times monthly income. Loan tenure can be between 3 months to 18 months. 3) For customers with credit history, the minimum bureau score is 600 and there cannot be any written off amounts in the last 12 months, 30+ DPD instances in last 3 months,

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd

    Paytail Credit Parameters

    Uploaded by

    Amit Singh
    28 views2 pages
    The document outlines new credit policy criteria for Fintree<>Paytail 2.0 loans, including: 1) Loan amounts must be between Rs. 3,500 and Rs. 200,000. Applicants must be between 21-65 years old and have a monthly income of at least Rs. 15,000 for salaried or Rs. 20,000 for self-employed. 2) Maximum loan eligibility is 5 times monthly income. Loan tenure can be between 3 months to 18 months. 3) For customers with credit history, the minimum bureau score is 600 and there cannot be any written off amounts in the last 12 months, 30+ DPD instances in last 3 months,

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    The document outlines new credit policy criteria for Fintree<>Paytail 2.0 loans, including: 1) Loan amounts must be between Rs. 3,500 and Rs. 200,000. Applicants must be between 21-65 years old and have a monthly income of at least Rs. 15,000 for salaried or Rs. 20,000 for self-employed. 2) Maximum loan eligibility is 5 times monthly income. Loan tenure can be between 3 months to 18 months. 3) For customers with credit history, the minimum bureau score is 600 and there cannot be any written off amounts in the last 12 months, 30+ DPD instances in last 3 months,

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    28 views2 pages

    Paytail Credit Parameters

    Uploaded by

    Amit Singh
    The document outlines new credit policy criteria for Fintree<>Paytail 2.0 loans, including: 1) Loan amounts must be between Rs. 3,500 and Rs. 200,000. Applicants must be between 21-65 years old and have a monthly income of at least Rs. 15,000 for salaried or Rs. 20,000 for self-employed. 2) Maximum loan eligibility is 5 times monthly income. Loan tenure can be between 3 months to 18 months. 3) For customers with credit history, the minimum bureau score is 600 and there cannot be any written off amounts in the last 12 months, 30+ DPD instances in last 3 months,

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 2

    New Credit Policy Fintree<>Paytail 2.

    0
    Loan Amount Criterion
    Minimum Loan Amount
    Maximum Loan Amount

    Age criterion
    Minimum Age
    Maximum Age

    Income Criterion [imputed income fr


    Minimum Income Salaried
    Minimum Income Self Employed

    Maximum Loan Eligibility


    5 times of monthly income

    Loan Tenure
    Minimum
    Maximum

    For customers who are having credit history.


    Bureau Based criterion
    Minimum Bureau score: 600 [Crif or Equ
    Minimum Credit history vintage of 6 months if Housing Loan/Auto Loan/Property loan is not present in the bureau report
    Minimum Credit history vintage of 3 months if Housing loan/Auto Loan/Property loan is present in the bureau report
    No written off in 12 months
    DPD
    Nil instances of 30 DPD in last 3 months
    Nil instances of 60 DPD in last 6 months
    Nil instances of 90 DPD in last 12 months
    Overdue
    Maximum overdue in any loan is not

    DPD & Overdue will not be considered

    Bank Statement [Applicable only for customers where bureau history not available]
    Minimum Bank statement period
    Minimum monthly credit
    Minimum Average Bank Balance
    New Credit Policy Fintree<>Paytail 2.0
    Rs
    3500
    200,000

    Age
    21
    65

    Monthly Income
    15000 per month
    20000 Per month

    5 times of monthly income

    Tenure
    3 Months
    18 Month

    aving credit history.

    Report to be provided cases to cases or bureau dump


    intage of 6 months if Housing Loan/Auto Loan/Property loan is not present in the bureau report
    intage of 3 months if Housing loan/Auto Loan/Property loan is present in the bureau report

    last 3 months
    last 6 months
    last 12 months
    Rs
    5000

    ok

    ble only for customers where bureau history not available]


    6 months
    Rs.15000
    2000

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