- Geo-tagging of field executives on “Time Lab” software.
- Integrated databases like Aadhar, CIBIL, PAN for speedy underwriting
- Recent tie-up with external valuers (Mahindra) i.e. “Auto Inspekt” for vehicles valuation.
- Neighbourhood ref checks of both Guarantor & Borrower.
- Focus on completeness of original property papers , vehicle docs, KYC, RTO- check , CAM and Insurance etc.
- 1 credit and operations personnel (CROP) at branch that cover at least 4 branches.
- 20+ Credit team managers at HO
- Experience of more than a decade in AFC market
- Assessment of profile at Branch and HO level
- In case of vehicle CAM preparation at Branch office : On ground physical assessment of vehicle, validation of vehicle documents and cash flow assessment
- In case of MSME/ LAP - CAM preparation at Head office / Branch office: Verification of property, business evaluation and analyzing chain of documents.
- Credit approval from HO
- Based on informal assessment of daily earning capacity of borrower and his past historical track record for similar product.
- Detailed checks on borrower family, eco-system captured in field investigation and CAM report
- Credit history check of Guarantors profile in each case.
