1. Product Overview

• Loan Amount: INR 10,000 to INR 50,000
• Repayment Mode: Weekley
• Loan Tenor: 3 Month to 12 Months
• PF: 7%
• ROI: Hurdle 28 (Can go upto 32%)
• Onboarding Fee: INR 299/- (Need to be paid upfront at time of Login)

2. Eligibility Criteria

• Minimum CIBIL Score: 700
  • Acceptable Bureau Profiles: 0, -1
• Repayment Track Record:
  • No cheque bounces in the last 3 months
  • Maximum Days Past Due (DPD) of 10 days in the last 6 months
  • No written-off or settled accounts in the last 24 months
  • No suit filed cases in the last 36 months
• Minimum Monthly Income: INR 20,000
• ABB should be: ABB should be >EMI/4.
• Business Vintage: Minimum 1 year in operation

3. Required Documentation

A. KYC Documents

• Proprietorship Firm:
  • KYC of the Proprietor (Aadhaar, PAN, Passport, or Voter ID)
• Partnership Firm:
  • KYC of all Partners
  • Partnership Firm KYC (PAN, GST Registration, etc.)
• Private Limited Company / LLP:
  • KYC of all Directors
  • Company KYC including:
    • Articles of Association (AOA)
    • Memorandum of Association (MOA)
    • Certificate of Incorporation (COI)

B. Financial Documents

• Bank Statement: Minimum 12 months (preferably 24 months)
• Udyam Aadhaar Certificate: Full 4-page document
• Income Tax Returns (ITR): Last 2 years (if available)
• GST Returns: Last 1 years (if available)

C. Business Verification

• Business Premises Photos with Geo Tagging
• Residence Photos with Geo Tagging
• Ownership Proof: Any one of the following for either Residence or Business Premises:
  • Electricity Bill
  • Property Tax Receipt
  • Rent Agreement + Utility Bill
  • Title Deed

4. Loan Approval Process

• Initial Screening: Verification of minimum eligibility (CIBIL, income, business vintage, etc.)
• Document Collection & Validation: Review of KYC, financials, and business verification documents
• Credit Underwriting: Evaluation of repayment behaviour, cash flow analysis, and creditworthiness
• Final Approval & Disbursement: Based on internal risk assessment and compliance checks

5. Repayment & Monitoring

• Weekley repayments via UPI/Bank transfer
• Continuous monitoring of account behaviour and timely follow-ups for overdue accounts
• Strict action for defaults as per company policy

6. Exceptions & Deviation Authority

• Any exceptions to the above policy require approval from the credit committee on a case-to-case basis.