Eligibility Parameters.
Review the foundational credit, income, and operational prerequisites mandated by our tier-one banking partners to qualify for institutional capital.
Universal Credit Standards
Credit Health (CIBIL)
A minimum consumer CIBIL score of 700+ is generally required. Commercial entities require an equivalent clean CMR rating without recent defaults or write-offs.
Repayment Capacity
Your Fixed Obligation to Income Ratio (FOIR) must typically remain below 50-60%. Existing EMIs are deducted from net income to determine viable surplus.
Legal Standing
Applicants must be resident Indian citizens or registered corporate entities operating within India, possessing valid, government-issued KYC verification.
Corporate & Business Facilities
Financial Benchmarks
- Minimum annual turnover of ₹1 Crore.
- Audited financials demonstrating net profit for the preceding two fiscal years.
- Positive net worth and manageable leverage ratios.
Operational Benchmarks
- Minimum operational vintage of 3 years in the current business sector.
- Valid GST registration and Udyam/MSME certificates.
Home Financing (Mortgage)
Salaried Individuals
- Age 21 to 60 years at loan maturity.
- Minimum net monthly income of ₹30,000.
- Employed with current organization for at least 1 year.
Self-Employed
- Age 25 to 65 years at loan maturity.
- Business vintage of minimum 3-5 years.
- Stable income verified via 3 years of ITR filings.
Personal Capital & Liquidity
- Strictly available to Salaried Professionals employed at Private Limited, Public Limited, or Multinational Corporations (MNCs).
- Minimum net monthly salary credited to bank account: ₹25,000 (Tier 1/2 Cities).
- Minimum 1 year of total work experience, with 6 months at current employer.
Standard Documentation (KYC)
Regardless of the facility type, all applicants must be prepared to submit PAN, Aadhaar, 6 months of primary bank statements, and applicable income proofs (ITR/Salary Slips) for initial underwriting.
Digital verification available through Finyra OperationsDo you meet the criteria?
Initiate the underwriting process today by connecting with one of our specialized Relationship Officers.