This document summarizes the key policies for a car loan credit product. It outlines the loan purpose, collateral, amounts, tenures and repayment terms. It then describes the basic eligibility criteria including customer segments, age, loan amounts, tenures, nationality, residence and employment stability. It also discusses bureau scores, income assessment caps, loan-to-value grids, negative risk profiles and required documentation. Finally, it introduces some specialized programs within the product including verified income, credit card, banking and low LTV options.

1. Credit Policy For Car Loan Presented By Group No.8 ParagChheda Roll No.09 Rajesh Adiody Roll No.01 PoonamChaudhari Roll No.08 Manish Kansara Roll No.24 Rajesh Shetty Roll No.53 AvinashRane Roll No.43 GaneshTondwalkar Roll No.58

2. Credit Policy For Car Loan Broad Product Construct Loan Purpose Collateral : A Secured lending Product The Car hypothecated in favour of bank Loan Amt : INR 1 lakh to 32 Lakhs Tenure : 12 Months to 84 Months Repayment : EMI for selected tenor paid by Post dated cheques or ECS or standing instruction. Re-finance Top -up New Car

5. Tenure : Minimum 1 year to Maximum 7 years.

6. Nationality : Resident & Non Resident Indians.

7. Residence Stability : At least 1 year in current city.

9. Bureau Policy : Customer new to credit (with no repayment history) can be funded with max. loan of 3.5 lac

10. Delinquency norms : No Delinquency in last 3 months. Credit card default/ write off of o/s < 5000 of more than 1 year old can be ignored if service related issue

11. Credit Policy For Car Loan Income Assessment Cap Note : Evidence for at least 2 years is required

12. Credit Policy For Car Loan Loan To Value (LTV) Grid LTV grid for 36 Months NOTE : Changes to GRID :- 5% less LTV respectively for tenors between 36 to 84 Months. CAT 1 Cars :- Price Below Rs.5,00,000 Ex. Santro / Indica / Estillo etc. CAT 2a Cars :- Price between Rs.5,00,000 to 15,00,000 Ex. Corolla/ Honda City etc. CAT 2b Cars :- Price above Rs.15,00,000/- Ex. Mercedes/ BMW/Accord etc. CAT 3 Cars :- MUV / SUV Ex. Tavera/ Sumo/ Scorpio/ Maruti Van etc.

13. Credit Policy For Car Loan Negative / Caution Risk Profile MAX. LTV – 60% MAX. TENOR – 3 YRS MAX. LOAN AMOUNT – Rs.10,00,000

15. Bank Statement

16. ID Proof (Pan card/ passport/license/voter’s Id card)

17. Sign Veri. Proof (Pan card/passport/license/Banker sv)

20. Post Dated Cheque/ ECS / Standing Instruction

21. Margin Money Proof

24. Loan To Value : As per Grid Table (Capped Max. to 95%)

25. Tenor : Standard ( 12 to 84 Months)

26. Loan Eligibility :Banking Norms : Latest 03 months banking from main account. Average Bank balance = 1 time of EMI (Avg bal calculated on 10,20 & 30th of month) Minimum 03 customer initiated transaction in a month

28. Loan To Value : As per Standard Grid

29. Tenor : Maximum 60 Months

32. Loan To Value : As per Standard Grid

33. Tenor : Standard tenor ( 12 to 84 months)

34. Target Customer : Salaried and Self Employed only.

35. Banking Norms : 06 month bank statement of more than 12 month old A/c Minimum 12 customer initiated transaction in last 6 month There should be no Inward cheque return in last 3 month Average bank balance of last 6 months = 2*EMI

37. Loan to Value : Maximum 70%

38. Tenor : Maximum 60 Months

39. Target Customer : Salaried and Self Employed

40. Additional Norms : Resi. Ownership proof mandatory