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HDFC LIMITED 1

CREDIT APPRAISAL OF A

LOAN APPLICANT

UMANG GUPTARoll No. 057533

BachelorofBusiness ManagementDepartment ofManagementFaculty ofSocial SciencesD.E.I

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HDFC LIMITED 2

HDFC Ltd

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HDFC LIMITED 3

OBJECTIVE

Repayment capacitycalculation ofapplicants

LearnaboutCSN of HDFCLtd.

Dealing with customers

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HDFC LIMITED 4

INTRODUCTION Salaried

SelfEmployed Class

SelfEmployed Professional

Non Resident Indian

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HDFC LIMITED 5

REQUIRED DOCUMENTS1.SELF EMPLOYED PROFESSIONAL

Application form with photo

Identity and residence proof

Educational Qualifications Certificate and ProofofBusiness Existence

Last 3 years Income Tax returns (self and business)

Last 3 years Profit and Loss and Balance Sheet

Last 6 months Bank Statements

Processing Fee Cheques

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HDFC LIMITED 6

REQUIRED DOCUMENTS Contd.

2.SELF EMPLOYED BUSINESSMAN

Application form with photo

Identity and residence proof

Educational Qualifications Certificate and Proofof

Business Existence Last 3 years Income Tax returns (selfand

business)

Last 3 years Profit and Loss and Balance Sheet

Last 6 months Bank Statements

Processing Fee Cheque Business Profile

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HDFC LIMITED 7

STEP 1

GROSS SALARY

REPAYMENT CAPACITY.

Slip of the current 3 months

Regular Items

Example:Additional HRM, VehicleAllowance etc.

ProfitAllowances = (Average of 3 Months) / 2

Non regular Items

PROCESS- Incometo InstallmentRatioLoanEligibilityRatio

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HDFC LIMITED 8

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HDFC LIMITED 9

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HDFC LIMITED 10

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HDFC LIMITED 11

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HDFC LIMITED 12

Step2 Income to Installment Ratio

Gross Income

Obligations - Towards family, Nos.ofchildren, spending habits

Customers Profile

IIR = EMI / INCOME *100

FOIR= EMI+OBLIGN \INCOME*100

(FIXED OBLIGATION TO INCOME RATIO)

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HDFC LIMITED 13

Step 3 LOAN ELIGIBILITY RATIO

FORMULA = Available salary forrepayment / EMI per1

Lakhs of the amount

It is the ratioof the salary to be considered forrepayment of the loan and the EMI per 1 lakh of the

loan amount

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HDFC LIMITED 14

NON RESIDENT INDIAN SALARIED/EMPLOYED

Salary is converted into IndianCurrency

for computing credit worthiness

SELF EMPLOYED PROFESSIONALS

LoanEligibility = Gross Profit X 2

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HDFC LIMITED 15

STEP UP REPAYMENT FACILITY

Chooser 1The EMI

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HDFC LIMITED 16

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HDFC LIMITED 17

The EMI CHOOSER

2

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HDFC LIMITED 18

FLEXIBLELOAN INSTALLMENTPLAN

The advantage joint payment,personalization, easy repayment is coupled upwith it being only available solution in themarket forvariable income home loan demandIn the Illustration the father is going to pay only for

105 months and after that we are to consider thesons salary only for the next remaining 60 months

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HDFC LIMITED 19

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HDFC LIMITED 20

STAGESOF HOMELOANS

1. Application

2. MunirkaHUB

5. DataEntry3.Log-In

4.Scanning

6.RecommendationOver (ROVR)

7. DoubleChecking

Over (DCOVR)

7. FixCharges

8. DISBURSE TheLoan

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HDFC LIMITED 21

QUESTIONS

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HDFC LIMITED 22

Thank You !

UMANG GUPTA

Roll No. 057533

BachelorofBusiness Management

Department ofManagement

Faculty ofSocial Sciences

D.E.I