The working of product is explained with step by step process which will be undertaken at FI

end.This document explains how the processes will be occurring at the FI End. There is a
module definition for each process which will take care of that process.There is process definition
which lists all the inputs taken at that step.Also there is mention of the services which will be
required to run after the data has been entered.At certain steps there are two ways of data entry
depending upon the selection.

These steps have been grouped according to the current leg of development :

Lead Generation to Pre Approval

The Acronyms used are:

1. FN : Field Numbering (based on step)

STEP - 1 of 10

Process ID : Lead Generation

Containing Module ID: Client Module

Sourcing: via Web or Mobile App.

1.1 Data Fields

F. Field Details Length Validation Type

No. Name Validation

1.1.1 Name First Name, 100 characters Mandatory

Last Name

Matching with PAN card

1.1.2 Father’s First Name, 100 characters Mandatory

Name Last Name

Matching with PAN card

1.1.3 DOB dd-mm-yyy Mandatory

y

1.1.4 Aadhaar 12 digits Non

Mandatory

1.1.5 PAN 10 AAPL1234C: First five characters are Mandatory

characters letters, next four numerals, last
character letter.

Fourth character:
"C","H","F","A","T","B","L","J","G" ,
“P”, “K”

1.1.6 Email ID normal normal Non

Mandatory
1.2 Services Running

1.2.1 Data DeduplIcation:

System doesn’t allow the duplicate data to be entered in the system and throws error
corresponding to the following cases:

Deduplication Check Based on Mobile No. & PAN Card

Working on a case by cases basis :

Mob. No & PAN card could be used to uniquely identify a account. If same Mob No. then we will
check for PAN card. If PAN Card matches then we will ask the user to change PAN card &
Mobile no. both.keeping such accounts under potential frauds we can later check such cases
out.If PAN card is not provided checking DOB after Mobile No. is suggested(Non Operational
Feature).

Mob No PAN Card Result

Unique Unique Pass

Unique Not Unique Fail

Not Unique Unique Fail : New mob. No. requested

Not Unique Not Unique Fail

Unique Not Provided DOB Checked (Further Tests req.)

Not Unique Not Provided Fail : Already Registered

Cases where PAN card is not provided

Mobile Name Father’s DOB Result

No. Name

Unique Unique Unique Unique Pass

Unique Not Not Unique Unique/ Not Fail : Please provide PAN
Unique Unique Card

Unique Unique Not Unique Unique Pass

Unique Not Unique Unique Pass

Unique

Unique Unique Unique Not Unique Pass

1.2.2 OTP Verification

Onspot OTP verification with a 4 digit random pin generated upon entry of mobile no.

1.2.3 Aadhaar Verification

Upon entry of Aadhaar no. Verifying it.

https://resident.uidai.net.in/aadhaarverification

1.2.4 PAN verification

Upon entry of PAN no Verifying it.

https://www.tin-nsdl.com/pan-verify/pan-verification-register.php
STEP 2 OF 10

Process ID:Collateral Pledging

Containing Module ID:Collateral Management Module

In this step all details required for pre screening exercise.

2.1 Data Fields

F FIeld Details Length Validation Type

No Name Validation

2.1.1 Loan Two Wheeler, Gold Selected Products Mandatory

Type Wheeler,etc

2.1.2 Brand Bajaj,TVS ,etc string Non

Mandatory

2.1.3 Model V15 ,Apache,etc string Non

Mandatory

2.1.4 Price Cost of the bike based on Upto 1,80,000 Mandatory

location,brand and model

2.1.5 Down Slider depending upon Minimum maximum Mandatory

Payment LTV decided by Channel decided by channel
Partner partner
 2.1.6 Tenure Slider with months maximum minimum Mandatory
decided by channel
partner

STEP 3 OF 10

Process ID:Loan Info

Containing Module: Loan Module

3.1 Services Running

3.1.1 CIBIL Check: CIBIL report is fired from API and the CIBIL score is obtained based on CIBIL
score risk is decided

3.1.2 Repayment Info: Based on the data obtained till now , repayment info can be generated
with Tenure, Expected disbursement date= submitted Date + Average Time Taken for TAT,
Advance EMI= Down Payment, Loan Type = Loan Product.
In this step all the details are just displayed and not editable.

3.2 Data Fields

F.No. Field Name Details

3.2.1 Pre approved amount Fetched from Price(FN 2.1.4)

3.2.2 Down payment Fetched(FN 2.1.5)

3.2.3 EMI Obtained from Repayment Info (FN 2.2.2)

3.2.4 Tenure Fetched(FN 2.1.6)

STEP 4 OF 10

Process ID : Identity Upload

Containing Module: Client Module

4.1 Data Fields

F. Field Name Details Length Type

No. Validation Validation
 4.1.1 Document Ration , Telephone Drop down mandatory
Type bill,etc

4.1.2 ID No Value of ID string mandatory

4.1.3 Proof Type Address or ID string mandatory

4.1.4 Validity Upto a date date Non mandatory

STEP 5 OF 10

Process ID: Address

Containing Module: Client Module

5.1 Data Fields

F Field Details Length Type

.No. Name Validation Validation

5.1.1 Address Permanent or Residential or dropdown Mandatory

Type Office

5.1.2 Line 1 100 string Mandatory

5.1.3 Line 2 100 string Non

Mandatory
 5.1.4 Landmark 25 string Non
Mandatory

5.1.5 City 20 string Mandatory

5.1.6 Pincode 6 Digit No Mandatory

5.1.7 State From State Codevalue dropdown Mandatory

STEP 6 OF 10

Process ID:Income Proof Upload

Containing Module: Client Module

The following documents can be taken as Income Proof depending upon the occupation
type.One document for each type is required as Income Proof.

6.1 Data fields

6.1A FOR SALARIED

F.No. Field Types Details

6.1A.1 Salary Slip For the past six months

 6.1A.2 Form 16 Digitized , easy to extract

6.1A.3 IT Return Online return, easy to extract

6.1B FOR NON-SALARIED

F.No. Field Type Details

6.1B.1 IT Return Online return, easy to extract

6.1B.2 Computed by CA Not Preferred

STEP 7 OF 10

Process ID:Banking Details

Containing Module: Client Module

7.1 Data fields

 F. Field Type Details Length Type
No. Validation Validation

7.1.1 Bank Name 25 string mandatory

7.1.2 A/C no Core Banking Format 11 digit mandatory

7.1.3 IFSC Code 11 characters mandatory

7.1.4 MICR Code 9 digit mandatory

7.1.5 Bank Last 6 months ---File Non mandatory

Statement statement

STEP 8 OF 10

Process ID:Miscellaneous Survey

Containing Module: Client Module

This is survey questionnaire depending upon the requirements of channel partner

8.1 Data fields

 F No. Name Details

8.1.1 Residential Status

8.1.2 Residing Since

8.1.3 Working Since

8.1.4 Preferred Language

8.1.5 Landline No

8.1.6 Purpose

STEP 9 OF 10

Process ID : References

Containing Module: Client Module

9.1 Data fields

F.No. Field Name Details Length Type

Validation Validation

9.1.1 Name of 100 string mandatory

reference
 9.1.2 Relationship Friend,Neighbours,etc Drop down mandatory

9.1.3 Address 100 string Non

mandatory

9.1.4 Mobile no. 10 digit Mandatory

STEP 10 OF 10

Process:Loan Application

Containing Module: Loan Module

10.1 Services Running:

10.1.1 A/C No Generation with format according to the channel partner policy.

10.2 Data Fields

F Field Name Details Vali Leng Fetche

. dati th d From
on
N Typ Valid
o e ation

F Field Name Details Vali Leng Fetche

. dati th d From
N on Valid
o Typ ation
e

1 Expected This can be calculated by adding man dd-m --

0 Disbursement average time taken by channel dator m-yyy
. Date partner to submission date y y
2
.
1

1 External ID. For Channel Partner man A/C No

0 dator (FN
. y 9.2.1)
2
.
2

1 Loan scheme Different product types based on man Loan

0 definition dator Type(FN
. y 2.1)
2
.
3

1 Principal Proposed Amount man Price(FN

0 dator 2.1.4)
. y
2
.
4
1 Loan term In months man Loan
0 dator Term(FN
. y 2.1.6 )
2
.
5

1 No. of man Loan

0 Repayments dator Term
. y (FN
2 2.1.6)
.
6

1 First Non dd-m

0 Repayment man m-yyy
. dator y
2 y
.
7

1 Loan officer Non User

0 man creating
. dator the loan
2 y
.
8

1 Advance EMI Non Down

0 man Payment
. dator (FN
2 y 2.1.5)
.
9
1 Submitted man Date of
0 Date dator Applicati
. y on
2
.
1
0

1 Interest Declining Balance or Flat Interest -- Product

0 Method Rate Definitio
. n
2
.
1
1

1 Amortization Equal Installments Or Equal -- Product

0 Principal Payments Definitio
. n
2
.
1
2

1 Interest Yearly -- Product

0 Calculation Definitio
. period n
2
.
1
3

1 Repayment Interest Principal Penalties Fees -- Product

0 strategy Order Definitio
. n
2 (RBI)
.
1
4

1 Partial period Required for less than 30 days -- Product

0 Interest Definitio
. calculation n
2
.
1
5

1 Recalculate Interest is recalculated based on -- Product

0 Interest outstanding principal Definitio
. n
2
.
1
6

1 Advance Reduce no of intallments in case of -- Product

0 Payment Advance EMI Definitio
. adjustment n
2 type
.
1
7

1 Frequency for Daily, Monthly,etc -- Product

0 Recalculate Definitio
. Outstanding n
2
.
1
8
1 Interest None; decides if next period interest -- Product
0 recalculation rate is on principal or P + Fees ,etc Definitio
. compounding n
2 on
.
1
9