• Salaried, Self-employed Professionals and Business Class (Self Employed) are eligible to apply.
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Below is the methodology for Risk Based Gradation:

We get multiple customer profiles that seek loan with us. It varies from Government employees to self-employed people with inadequate income proofs. Every profile carries a different risk of default. Similarly every property to be funded is unique and carries a varied risk along with it. Likewise there are multiple parameters that define a risk in a proposal.

A) Cost of Funds and Operational cost ascertained

B) Analysis of portfolio across various Credit Policy Parameters

C) Selecting few parameters which are major differentiator in terms cf Delinquency (NPA%). While historical delinquency will be a guiding factor, acceptable delinquency levels in terms of the company's risk appetite and growth strategy shall be used for the purpose of loan pricing. E.g. If the company's present NPA level in Informal Salaried profile is, say 2%, but the company desires to pursue an aggressive growth strategy in this segment and is willing to take risk of NPAs increase to 3%, then this appetite of 3% NPA will be factored in loan pricing to arrive at the ideal risk based pricing.

D) Assigning the Score to different values in each selected Credit Parameter

E) Testing the Scores in line with NPA%

F) Assigning the weight to each Credit Parameter to form a Weighted Score.

G) Testing weights to identify best weight

H) Assigning Risk Based Pricing i.e. pricing based on "Expected Loss (EL)

I) Finding Probability of Default (PD) and Loss Given Default (LGD) to ::letermine the EL

J) Assigning weight for Policy level deviations. K) Risk Based Pricing Vs. Market Determined pricing : The company acknowledges the competitive pricing pressures in the Industry. Accordingly, the final Pricing a-=t:er factoring competition may be done on the basis of the Ideal Risk Based Pricing mentioned above and the tolerance for deviation from the same.

Below is the applicable Interest Rates:

Interest Rates for Loans contracted:

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• Equated Monthly Installments (EMI) through Automated Clearing House (ACH), an advanced version of ECS based on standing instructions to bank or salary deduction by employer or post- dated cheques drawn on borrower’s bank account.

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