It will be for small loan applicants. Amounts can be adjusted by the client. Under the plan, only relevant documents will be verified. It will be for low-risk profiles.
It will be for bigger loan applicants. Amounts can be adjusted by the client. Under the plan, relevant documents will be verified along with some on-ground verification of applicants including their address verifications and their presence at their claimed addresses. This plan will go for mid-level risk profiles.
This will be for high-level risk profiles. Applicants (companies or individuals) applying for loans of higher amounts will be screened at 360 degrees KYC program. It will include verification of documents and data, address verification, their financial stability, and capability to return the loan amounts. The background of applicants will be checked thoroughly along with their reputation in the industry.