A promoter-run trading business applies for a ₹40 lakh working capital loan. The bank statement shows regular monthly credits of ₹6–9 lakh over 12 months. Income looks steady, turnover appears plausible. What the manual review didn’t catch: a substantial portion of those credits were coming from two entities that the promoter’s wife and brother controlled. […]
When a borrower presents an active GSTIN as part of a loan application, credit teams typically treat it as a green flag. The business is registered, the number is valid, and the portal confirms it’s active. Move on to the next document. That’s the wrong conclusion to draw. A GSTIN validation check confirms one thing: […]
For most salaried borrowers, a bank statement is enough. The income is regular, repayment capacity is calculable, and the bureau report fills in the credit history. MSME borrowers are different. Business income moves across multiple accounts, sometimes in cash. A business with five years of operating history may still have a thin or inconsistent bank […]
Most guides on credit underwriting spend a lot of words explaining what it is. This one focuses on what each stage requires: the documents, data points, and checks a lender needs before the next stage begins. Delays rarely happen at the decision point. They happen because one stage is waiting on something the previous stage […]
A borrower’s bank statement shows a healthy credit history. No bounces, reasonable balances, steady inflows. The file goes to the sanction. What the reviewing team didn’t see: forty-six inbound UPI transfers across nine weeks from numbers with no identifiable source, each followed by near-complete withdrawal within 48 hours. UPI accounted for around 85% of India’s […]
There’s no shortage of bank statement analysis software in India. The harder problem, for a credit team at an NBFC, is figuring out which tools are built for your use case and which ones are built for a different kind of customer and happen to tick enough boxes during a demo to make shortlisting feel […]
Running a bank statement analysis and a GSTR analysis in separate passes is the standard approach for most credit teams. Precisa supports both. Each gives you something useful on its own. The problem is that neither tells you whether the two pictures of the borrower are consistent with each other. A business can show clean […]
Switching a bank statement analyser mid-operation isn’t something a credit team does on a whim. There’s data migration to worry about, workflow retraining, integration work, and (if the tool touches a loan origination system) a whole IT conversation that nobody particularly enjoys. So when a team does decide to switch, there’s usually a specific reason. […]
A credit bureau report and a bank statement describe the same borrower, but they don’t tell you the same thing. The bureau report is historical; it captures what the borrower has done. The bank statement is current; it shows what’s happening right now: where money is coming in, where it’s going, and whether any obligations […]
When you’re processing 50 business loan applications a week, bulk GSTIN verification stops being a quick formality and becomes a genuine throughput problem. Checking each number manually on the GST portal (searching by GSTIN, reading the result, matching it against the submitted documents) takes two to three minutes per application if nothing is wrong. If […]
