Scorecard Based Lending
Crafted to meet the needs of businesses engaged in trading, manufacturing and services
The Scorecard Based Lending proposition is a financing proposition designed to meet the requirements of businesses engaged in trading, manufacturing and services.
Product features may change without notice -for all Products offering.
Turnover based lending approach for assessment of credit limits
Flexible Collateral Requirement basis Score
Maximum Loan Amount: INR 4 cr , Non DP Linked OD up to 2 cr
Account level customization
Completely Filled MSME Application Form
Last 3 year Financial Statement including latest 2 years Audited Statements along with all shedules
Financial Projection for 2 years
ITR Returns along with computation of Income atleast for last 2 years of the Applicant/Co-Applicant/Guarantor
Sales Tax/ VAT Returns for Current Financial Year.
Statement of Accounts for Last 6 months-for all CC/OD/Current Account.
Repayment Track Statement from Starting to Till Date OR First and Latest Sanction Letter with last 6 months Repayment Track Statement
Proof of Vintage eg. Shop establilshment , Pollution license, etc
KYC documents of Applicant/Co-Applicant/Promoters/Guarantor
Propoerty Documents offered as Secuiruty
Self Certified/CA certified Net worth statement of the Applicant/Co-Applicant/Promoters/Guarantor
Sanction letter of the all Major existing working capital facilities availved by the firm
Key group company's latest Audited Financials, alongwith details of Bank borrowings if any
Order in Hand and Important Agreement if any
* All Documents must be self attested
** These are only indicative and not exhaustive list of Documents.
Q. Can individuals be funded under this program?
A. No only business units can be funded this program
Q. What kind of activities are not eligible for finance under this product?
A. These are the following businesses/activities not funded under this program: i) Funding real estate project or investment in real estate ii) Capital market business or any business of speculative nature iii) Seasonal business/Liquor trade/Tobacco trade iv) Business under negative list as per YES Bank credit policy and RBI guidelines
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