Sr. No.

Parameters PL Salaried Scorecard (1 lakh - 9 lakhs)

1 Age Min 23 years
Max 60 years or Retirement whichever comes first at loan maturity

2 Income Norm NTH >Rs.20,000 per month in the latest 3 months

3 MUE Norms 40 lakhs

4 FOIR* NTH Band FOIR
5 Work Expereince Waived
6 Residence Stability Waived
7 Cheque bounce Not more than 1 cheque bounce or ACH/ECS return in last 3 months
bank statement
8 Tenure 12 - 60 months
9 PD Tele NA
Physical NA
10 Co-applicant NA
11 Salary Slip Salary Slip to be waived where Perfios is successful salary through
identification Logic.
12 Bureau Rules Part of the scorecard
13 Office CPV Norms Not required if official email ID verification is successful before CPA
login for all segments OR Employment verification through EPFO
employment check along with latest month salary credit in Bank
statement

14 Residence CPV Norms: Residence CPV can be waived subject to any of the following condition
being satisfied:
Waived for PLatinum & Gold
For Silver waiver basis Bureau Based Norms

15 Max. no. of existing PL IDFC FIRST can be the 3rd lender. Not more than 2 existing PL.
16 Repayment to be accepted from Salary account only for salaried
Repayment account applicant
17 PL norms for Salaried 1. Offered to salaried director of private ltd. Firm or partner of a
Partners/Director partnership firm basis their individual income.
2. These loans will be processed as per the existing PL scorecard process
3. Post disbursement if the entity/firm in which individual is a
director/partner respectively, applies for Business Loan basis the firm's
income, it is mandatory for the director/partner to close their existing
Personal Loan. Existing PL can be identified from individual
director's/partner's credit bureau report.
4. If the entity/firm in which individual is a director/partner respectively
has taken BIL with us, then same individual cannot be provided Personal
Loan.

18 Other norms for Salaried For salaried profile, salary by cash or cheque can not be considered

19 Residence TVR Waived basis SMS consent.

20 Reference TVR Waived for Platinum & Gold segment.
Waived for Silver segment basis SMS delivery confirmation received

21 Office TVR Waived for all segments

22 Banking Norms 1. Latest 3 Months Bank Statement not older than 10 days from CPA
login date.
For eg: If case is logged in on 10th November then Bank statement
should be updated till 1st November with the latest 3 salary credits.
2. Minimum 3 Salary Credits in Bank Statement
3. Disbursal and Repayment should be from the Salary Account for all
salaried customers

23 Own House Proof Platinum & Gold cases:

Ownership Proof is waived
Silver case - Waived basis Bureau Bases Rules
 Remarks NTH Band FOIR
CAT SA/ A/ B

INR 15K - 20K 35%

Maximum Loan Amount for Employer CAT D and Silver Tier with Income
>=20k-<=25k capped at 3 Lakh INR 20K - 40K 60%
INR 40K - 50K 60%
INR 50K - 75K 65%
INR >75K 70%

Tenure capped at 48 months for CAT D Silver & CAT P

CAT C/D

35%

50%
60%
65%
70%
Sr. No. Parameters PL Salaried (Loan amount: 9 lakhs - 15 Lakhs)
1 Age Min 23 years
Max 60 years or Retirement whichever comes first at loan
maturity
2 Income Norm CAT SA, A, B: Rs. 20,000
CAT C & CAT D: Rs. 25,000
3 MUE Norms 40 lakhs
4 FOIR* Salary Band FOIR
5 Work Expereince Minimum 6 month in current employment with total 2
years of work experience
6 Residence Stability 1. Minimum 6 months for rented house.
2. If rented < 6 months, Permanent Address (PA) proof
in IDFC FIRST Bank Asset Location to be documented.
3. For parental / self-owned / spouse / ancestral house
in the same city of IDFC FIRST Bank Asset location,
stability can be less than 6 months. In this case
ownership proof is required. (with relationship proof)

7 Cheque bounce No EMI cheque bounces in last 3 months.

8 Tenure 12 - 60 months
9 PD Tele Required
Physical NA
10 Co-applicant NA
11 Bureau Rules Part of the scorecard
12 Salary Slip Salary Slip to be waived where Perfios is successful
salary through identification Logic.
13 Office CPV Norms Not required if official email ID verification is successful
before CPA login for all segments
14 Residence CPV Norms: Residence CPV can be waived subject to any of the
following condition being satisfied:
Waived for PLatinum & Gold
For Silver waiver basis Bureau Based Norms

15 Max. no. of existing PL IDFC FIRST can be the 3rd lender. Not more than 2
existing PL
16 Repayment to be accepted from Salary account only
Repayment account for salaried applicant
17 PL norms for Salaried NA
18 Partners/Director
Other norms for Salaried For salaried profile, salary by cash or cheque can not be
considered
19 Residence TVR Waived basis SMS consent.
20 Reference TVR Waived for Platinum & Gold segment.
Waived for Silver segment basis SMS delivery
confirmation received
21 Office TVR TVR can be waived if Office Email ID verififcaiton is
successful
22 Banking Norms 1. Latest 3 Months Bank Statement not older than 10
days from CPA login date.
For eg: If case is logged in on 10th November then Bank
statement should be updated till 1st November with
the latest 3 salary credits.
2. Minimum 3 Salary Credits in Bank Statement
3. Disbursal and Repayment should be from the Salary
Account for all salaried customers

23 Own House Proof Residence/Rented stability >6 months

Else Permanent Proof# or Ownership Proof#
24 Additional Norms for CAT D - The applicant should have a loan track (PL/HL/LAP/AL)
of minimum INR 200,000 – in case loan exposure is
higher than 5 lakh, else 1.00 Lakh RTR with 12 months
vintage (live or closed within last 12 months from date
of login)
OR
- The applicant should provide The ownership proof.
ownership proof in his/her name or his/her spouse’s or
parents’/ancestral (with relationship proof) name can
be accepted. The ownership proof should be of The
address falling in IDFC Bank location only.
- Further CAT D company should be at least 12 months
vintage

25 Special norms for -Minimum monthly NTH of INR 25,000

Government '-Minimum 1-year stability in the current job
Teachers/ '- Minimum residence stability of 3 years in the same
Education System location
'-Trust & Teachers from zilla parishad not to be funded
 Remarks NTH Band FOIR
CAT C & CAT D: Min- 25 Years CAT SA/ A/ B

INR 15K - 20K 35%

Maximum Loan Amount for Employer CAT D and Silver Tier with
Income >=20k-<=25k capped at 3 Lakh INR 20K - 40K 60%
INR 40K - 50K 60%
INR 50K - 75K 65%

CAT C & CAT D: Minimum 12 months INR >75K 70%

Tenure capped at 48 months for CAT D Silver & CAT P

CAT C/D

35%

50%
60%
65%

70%
 PL High Ticket
Sr. No. Parameters PL High Ticket PL High Ticket
(Loan amount: 15 lakhs - 25 Lakhs) (Loan amount >25 Lakhs)
1 Age Min 28 years (25 - 28 years allowed with NCM deviation) 28 years (25 - 28 years allowed with NCM deviation)
Max 60 years or Retirement whichever comes first at loan maturity 60 years or Retirement whichever comes first at loan maturity
2 Income Norm CAT SA, A & B NTH >Rs.75,000 per month in the latest 3 months NTH >Rs.1,25,000 per month in the latest 3 months
CAT C: Rs. 1,00,000 per month
3 MUE Norms 40 lakhs 100 lakhs
4 FOIR* Maximum DIR allowed of 70% with the existing applicable multipliers
4 Work Expereince Minimum 6 month in current employment with total 5 years of work experience (Work Ex 2 -5 Years - NCM Deviation)
5 Residence Stability 1. Minimum 1 year for rented house. 1. Minimum 1 year for rented house.
2. For parental / self-owned/ spouse/ ancestral house in same city of IDFC FIRST Bank Asset 2. For parental / self-owned/ spouse/ ancestral house in same city of IDFC FIRST Bank Asset
location, stability can be less than 1 year. location, stability can be less than 1 year.
Applicable for Silver Segment Applicable for Silver Segment

6 Cheque bounce No EMI cheque bounces in last 3 months No EMI cheque bounces in last 3 months
7 Tenure 12 - 60 months 12 - 60 months
8 PD Tele Mandatory Tele PD by Credit Manager Mandatory Tele PD by Credit Manager
Physical PD is required in all instances at office of the customer. PD is required in all instances at office of the customer.
9 Bureau Rules 1. CIBIL Score = > 752 for applicant (No Hit not allowed any more & Thin are eligible under this scheme).
10 Co-applicant Mandatory for New to Credit customers: Spouse/Father/Son/Mother of the applicant can Mandatory for New to Credit customers: Spouse/Father/Son/Mother of the applicant can be
be taken as co-applicant to the loan. Income of any one of the above can be clubbed with taken as co-applicant to the loan. Income of any one of the above can be clubbed with the
the income of the main applicant income of the main applicant

11 Office CPV Norms Not required if official email ID verification is successful before CPA login Not required if official email ID verification is successful before CPA login
12 Residence CPV Norms: Mandatory Mandatory
13 -Waived for Platinum &
Max. no. of existing PL Gold IDFC FIRST can be the 3rd lender. Not more than 2 existing PL. IDFC FIRST can be the 3rd lender. Not more than 2 existing PL.
14 Repayment account Repayment to be accepted from Salary account only for salaried applicant Repayment to be accepted from Salary account only for salaried applicant
15 Salary Slip Mandatory Mandatory
16 Other norms for Salaried For salaried profile, salary by cash or cheque can not be considered For salaried profile, salary by cash or cheque can not be considered
17 Residence TVR Waived basis SMS consent. Waived basis SMS consent.
18 Reference TVR Waived for Platinum & Gold segment. Waived for Platinum & Gold segment.
Waived for Silver segment basis SMS delivery confirmation received Waived for Silver segment basis SMS delivery confirmation received
19 Office TVR TVR can be waived if Office Email ID verififcaiton is successful TVR can be waived if Office Email ID verififcaiton is successful
20 Banking Norms 1. Latest 3 Months Bank Statement not older than 10 days from CPA login date. 1. Latest 3 Months Bank Statement not older than 10 days from CPA login date.
For eg: If case is logged in on 10th November then Bank statement should be For eg: If case is logged in on 10th November then Bank statement should be updated
updated till 1st November with the latest 3 salary credits. till 1st November with the latest 3 salary credits.
2. Minimum 3 Salary Credits in Bank Statement 2. Minimum 3 Salary Credits in Bank Statement
3. Latest 3 months’ Salary slip to be collected 3. Latest 3 months’ Salary slip to be collected
4. Disbursal and Repayment should be from the Salary Account for all salaried 4. Disbursal and Repayment should be from the Salary Account for all salaried
customers customers

21 Own House Proof CAT SA/A/B/C: CAT SA/A/B/C:

Ownership proof# is required if stability <6 months/ Ownership proof# is required if stability <6 months/
Permanent address proof# is required if rented stability < 6 months Permanent address proof# is required if rented stability < 6 months

22 Additional Income Additional Income can be considered in addition to salary income. However minimum
Salary cut-off applicable on salary income.
* Pension received by applicant - 100% with pension proof + Pension credit in bank
* 50% of Incentive to be taken, if seen in all 3 month’s salary credit OR lowest incentive value
to be taken if seen in last all 6 month’s salary credit
* Rental - 50% with Registered Rental Agreement/Form 26AS (showing previous year rental
income) + latest 3mnths rental credit in bank statement
 Self Employed
Sr. No. Parameters Scorecard
(Loan amount: 75 K - 9 Lakhs)
1 Age Min 25 Years
Max 65 years
2 Work Experience 1. Minimum work experience of 3 years required.
2. Applicant should be managing his business from same premises for at least 1 year
3 Bank Statement 1. Latest 3 Months Bank Statement not older than 10 days from CPA login Date
For eg: If case is logged in on 10th November then Bank statement should be updated till 26th October.
Savings / Current Account allowed.
2. Bank Statement should show minimum 3 transactions in each month with ABB>= INR 5k
3. No recent loan disbursement in last 3 months

4 Bureau Rules Part of the scorecard

5 MUE Norms 40 lakhs
6 Business Proof Business Proof can be waived subject to repayment from current account and business name confirmed through
CPV
7 Personal Discussion PD to be waived where office CPV is positive
8 Cheque bounce No inward cheque returns
9 Tenure Min 12 months
10 Max 48 months (60 months for BT)
BT cases where the original tenure is > 48 months,
the tenure can be extended up to 60 months. In
such case the eligibility to be calculated as per 48
months tenure

11 Repayment Account Repayment to be accepted from main account of the applicant/proprietorship firm
12 Co-applicant NA
13 Own House Proof Ownership Proof* of either office or residence is mandatory
14 Residence CPV Residence CPV can be waived subject to any of the following condition being satisfied:
Waived for PLatinum & Gold
For Silver waiver basis Bureau Based Norms
15 Office CPV Mandatory for All
 Balance Transfer of Personal
Norms

Balance Transfer of Credit Card

Parameter
Documentation
CC BT Cap and
Amount cap for
Single CC Tradeline

Cash Utilization

Obligation on CC to be taken over

Disbursals

Partial BT of CC outstanding
Overdue / Late Payment / Over limit
charges
Minimum Vintage of CC

Maximum BT amount

Other Norms
 Balance Transfer of Personal Loans
Accepted Balance Transfer Document (Any 1):
1. Repayment Schedule*
2. Statement of Accounts
3. Loan Foreclosure Letter
* Where the proposed BT loan is not reflecting in Bureau and RTR cannot be ascertained, SOA/FCL is required

- No BT will be allowed before 6 MOB completion with competition Bank / NBFC

- Where customer is eligible for higher amount over and above the Personal loan(s) outstanding to be taken over, the addition
to the current practice in personal loans)
- Only Personal unsecured loans (maximum 3 Loans) can be taken over under Balance Transfer norms. Any kind of secured loa
cannot be considered under BT with the exception of Bajaj Flexi Loan subject to foreclosure letter.
-Balance Transfer amount will be capped for PL at individual tradeline level. Any Balance Transfer below / less
than the capped amount will not be allowed - Amount capping for single Personal Loan will be - Rs 50k
- In case of 100% debt consolidation, no FOIR or any leverage deviations to be permitted
- For Loan BT, repayment schedule can be accepted at Login Stage. In such cases, any additional amount (over and above the o
schedule) to be paid off by Customer. However, where the proposed BT loan is not reflecting in Bureau and RTR cannot be asc
- The obligation towards loans to be taken over should not be considered in calculation of customer eligibility.
- Balance Transfer is allowed from any Financier subject to the said loan reflecting in the Bureau. Where the CIBIL report does
considered under Balance Transfer. However, if the Loan not reflecting in CIBIL report is from approved Financier, same can be
satisfactory performance
- Balance Transfer is allowed only from any Financier subject to the said loan reflecting in the Bureau. If the name of the financ
loan from such financier cannot be considered for Balance Transfer
- BT can be done for pure debt consolidation purpose to take over the outstanding loans from other financier which may be on
eligibility of the customer.

Balance Transfer of Credit Cards norms

Norms
Latest 2 consecutive months CC Statements to be collected
-Maximum cap for CCBT is allowed upto 3 Credit Card
'- Amount capping for single Credit Card will be - Rs 25k
'- No BT will be allowed before 6 MOB completion with competition Bank / NBFC
Treatment of cases with Cash Utilization:
For Salaried – Reject if there is no additional cash out. In case of additional cash out case to be referred to UW
For Self Employed – Cash utilisation repaid within the same billing cycle (same to be reflecting in the CC Statement so collecte
The obligation towards the Credit card outstanding to be taken over should not be considered in FOIR
The amount towards the BT of Credit Card outstanding should not be credited to Customer’s account. The funds (to the exten
towards such Credit Cards as considered for Balance Transfer. Only where eligible loan amount is higher than the BT amount,
account
BT of any Credit Card should be done for the entire outstanding on the Credit Card and cannot be done in part
No overdue charges as per latest statement received. Cases with Over limit / late payment charges to be considered subject to
to be levied in two consecutive months for which the statements have been submitted.
Atleast 1 live CC to be with a minimum vintage of >= 12 MOB with clean track record (need not be for the CC for which BT is to

Max Loan amount for CC BT to be 3 lakhs for Loan Amount <= 9 lakhs.
For higher CC BT amount cases to be referred to UW. Overall CC BT to be restricted to 6 times NTH for Salaried.
For Self Employed, CC BT amount cannot be more than customers eligibility
Eligibility, verifications, sanction conditions, documentation will apply as per normal PL policy