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Loan Eligibility
Review the baseline parameters requested by our partner Banks and NBFCs.
Core Parameters
Lending criteria are determined solely by the credit policies of our respective banking and NBFC partners. However, below are the standard baseline criteria commonly required for assessment:
Minimum Income
Minimum monthly salary of ₹25,000 is required for salaried applicants.
FOIR Limit
Fixed Obligation to Income Ratio (FOIR) up to 75% depending on lender checks.
Lending Ranges
Unsecured personal/business loans starting from ₹1 Lakh up to ₹1 Crore.
1. Salaried Individuals Criteria
- Minimum Age: 21 Years (at time of application).
- Employment Status: Salaried employee at a private, public, or government enterprise.
- Work Experience: Minimum 1 year in employment with at least 6 months at the current employer.
- Credit Score: A CIBIL score of 700+ is generally preferred for competitive interest rates.
2. Self-Employed Individuals / Businesses
- Minimum Age: 25 Years (at time of application).
- Business Vintage: Minimum 3 years of active operation with audited financials.
- Lending Limit (Secured): No limit, completely dependent on evaluated property values.