The Bank requests supporting documents from the borrower, such as identification proof, income statements, Bank statements and collateral details (if applicable). The Bank verifies the information provided to assess the borrower's credit reliability and eligibility for the loan.

The Bank conducts a credit assessment to evaluate the borrower's credit reliability and ability to repay the loan. This process involves analyzing the borrower's credit history, income stability, debt-to-income ratio and other factors.

Credit assessment evaluates a borrower’s credit reliability and financial stability by analyzing credit reports, income and debt levels. This process helps lenders make informed decisions about loan approvals and terms while providing borrowers insights into their financial health. Ultimately, it promotes responsible lending and contributes to a stable financial environment.

If the borrower meets the Bank's lending criteria and passes the credit assessment, the loan is approved. The Bank determines the loan amount, interest rate, repayment term and any associated fees.

Loan approval is the crucial step in the lending process where lenders evaluate your application to determine eligibility for financing. This involves reviewing your credit history, income and overall financial health to assess risk. A swift approval process means you can access funds quickly, empowering you to achieve your goals—whether it’s purchasing a home, starting a business, or consolidating debt. With clear communication and transparent criteria, loan approval not only secures your financial future but also builds a foundation of trust between you and your lender.