Sn.

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24

Retail Product for Ladies Scooter/ Employees in PSU/Govt.

Name of the Applicant:
Age:
Gender:
Address of the Applicant:
Town/City:
PIN:
Telephone Number:
Mobile Number:
PAN Card Number
Email
Key Parameters for before advancing Loan to the applicants
Age
Marital Status
Number of Dependent
Category of Company (Current Employer)
Designation
Type of employment with the government?
Population Group
Coborrowing/Guarantee of spouse/coworker
Is hike under 7th Pay Commission for govt. employees applicable?
Any other loan availed under government employee schemes?
Gross Annual Income
GAI/Loan Amount
Tax Bracket
Value of the Scooter for which the loan is applied for?
Value of collateral against the loan amount applied for?
Does the applicant has any other vehicle or not?
Did the applicant previously apploed for any similar loan?
Was the loan passed or not?
Is your salary deposited into HDFC Bank account?
Tax Returns filed or not?
Period of the loan?
Residence type
Resale Value of the Vehicle
Make & model of the scooter for which the loan is applied for?

Options
18-25 Years
Married

25-35 Years
Single
0

Navratna
Top Management
Full-time Employee
Rural
Available
Yes
Yes
XXX

35-45 Years
Divorced
1

Miniratna
Other Listed
Executives
Clerical
Contractual Employee Apprentice
Urban
Non Available
No
No
1

2
3
< Rs. 250,000
Rs. 250,000- 500,000 > Rs. 50,0000
< Rs. 30,000
Rs. 30,000- 60,000
Rs. 60,000- 1,00,00
<70%
70-80%
80-90%
Yes
No
Yes
No
Yes
No
Yes
No
Yes
No
<36 months
36-45 Months
45-60 Months
Owned by self/spous Rented with family
Rented with Friends
Low
Medium
High
Hero
Honda
Mahindra

Options
> 45 Years
3> 4
Other Non-Listed Sick Unit
Sub Staff Other
On probation

4 >5
> Rs. 1,00,000
90-100%

>60 Months
Rented- Alone

Paying Guest

Bajaj

Others

Hostel

Purpose of loan

Company Provided

Weights
5
5
3
5
5
5
5
8
5
2
5
5
5
6
4
2
2
2
2
2
5
2
5
5

Reasoning
Age is an important criteria as higher the age higher the paying capacity
Married couple has dual source of income which can lead to easy repayment
Hihger the number of dependent means hugher claims on the salary
Quality of the government company is also essential.
Designation of the applicant is directly related to the loan-repaying capacity
Permanent employee would be more capable to repay loan
Demographics also affect the loan paying capacity
Guarantor can help to repy the loan and presurrise the applicant
Higher disposable power if 7th pay is applicable.
Multiple loans is not a good news for the loan company
If income is 5 times the loan value, good to go loan.
If income is 5 times the loan value, good to go loan.
Higher the tax bracket, means higher the earning capacity of the applicant
If the model is cheap, then less risk in loan is involved
90-100% is the best, but that is not there in most odf the cases
Past History- Character
Past History- Character
Past History- Character
Capacity factor and credit history
Capacity factor and credit history
Higher the loan period higher the risk involved
Residence type showcases the capacity of the loan applicant
Higher the resale values would minimize the risk.
Make and model determines the resale value of the vehicle and thus recovery