Lender programme overview

From skill discovery to income, credit and enterprise.

Lakshya’s AI-led pre-underwriting layer combines the course, job-role economics, behaviour, bureau and repayment capacity before submitting a lender-ready recommendation.

Explore products →Open industry universe
864Deduplicated job roles
37Clickable industry sectors
₹2 lakhInitial product ceiling proposed
42 monthsMaximum proposed tenor
Products

Two products. One livelihood pathway.

End use is controlled at source: training fees go to the approved Training Partner; business assets and equipment are paid to the approved vendor wherever permissible.

DOMESTIC SKILL LOAN

Finance an approved course into employment

Applicant18–35 years
Loan₹30,000–₹2,00,000 initially
TenorUp to 42 months
RepaymentStep-Up EMI
Proposed pricing22% step-up
End use100% direct to approved TP
Income eligibilityExisting verified income × 90% ≥ proposed EMI, or credible post-skill employability income using CES and approved salary bands.
Core assessmentCourse/TP master, CES, psychology, bureau, bank analysis, positive FI and Lakshya PD.
SKILL LINKED MICRO ENTREPRENEUR LOAN

Convert a completed skill into enterprise

Applicant20–45 years
Loan₹50,000–₹2,00,000 initially
TenorUp to 42 months
RepaymentRegular EMI
Proposed pricing24% regular
End useVendor / business-purpose controlled
New enterpriseSkill certificate + skill-to-business linkage + proposal + vendor quotation + viability.
Existing enterpriseBusiness vintage over 6 months may be considered using bank cash flow, obligations, FI and PD.
Industry demand & job-role universe

Sector first. Job roles next. Full universe always available.

Exact view from Lakshya_Whole_Job_Role_Universe_Industry_Demand_5pct: 37 sectors and 864 deduplicated roles, with no blank income fields.

SectorUnique Job RolesIndustry Annual DemandDemand Catered @ 5%Source Annual VolumeAvg CESAvg Course CostAvg Monthly IncomeOpen
Industry demand and the 5% addressable opportunity are Lakshya planning estimates. The source annual volume remains visible separately. Sector and job-role names are reproduced exactly from the uploaded workbook.
Distribution model

B2B embedded reach + B2C assisted discovery.

Both routes converge into the same Lakshya screening, policy and lender-decision engine.

B2B MODEL

Partner-embedded origination

  • Approved Training Partners, universities, employers, skilling networks and franchise/equipment partners
  • Embedded application at admission or business-setup point
  • Partner course, placement and dropout data feeds the master
  • Direct TP/vendor disbursement controls end use
  • Partner-level portfolio and outcome MIS
B2C MODEL

Applicant-led digital journey

  • Youth discovers sector, role, income and finance requirement
  • Self-login with guided voice/text collection
  • AI-led self-PD, document prompts and discrepancy correction
  • Lakshya matches the applicant to an approved TP/course and lender
  • Co-applicant and partner are linked before disbursement
Broad process

AI filtration before lender submission.

A guided process improves data quality early, while final PD and the lender’s credit decision remain controlled.

1LoginApplicant selects product, purpose, course/business, tenor and affordable EMI.
2AI-led Self-PDVoice/text interview captures household, income, stability, liabilities and end use.
3Bureau + BankCRIF, DPD, overdues, mandates, banking turnover, average balance and personal transfers.
4PsychologyBehaviour, fragility/dropout and entrepreneur-intent assessment.
5Final PDLakshya validates discrepancies, family/co-applicant and course/business viability.
6DocumentsKYC, PAN, bank statement, course proof, skill certificate, quotation and images/geo evidence.
7Lender DecisionAPI submission; lender approves, refers, declines or raises a query.
8Disburse & BillPay TP/vendor; activate NACH/e-sign; EMI billed and monthly portfolio MIS begins.
Suggested repayment model

Step-Up EMI aligned to income creation.

During the course or cooling period, the parent/co-applicant may support the early instalment. EMI rises after course completion as the learner’s income begins.

Policy features

Applicant, co-applicant and affordability norms.

Identity & programme

Indian resident; age per product; approved TP/course or skill-linked activity; KYC, Aadhaar/valid KYC, PAN and selfie.

Stability & FI

24-month residential stability preferred; owned house preferred; positive FI mandatory. Permitted rented cases route to authority.

Credit & behaviour

CRIF/bureau, no active serious delinquency/recent write-off, bank analysis, psychology, Lakshya scorecard and Tele-PD.

Mandatory support

Co-applicant wherever applicable, preferably parent/family member within the lender’s operating geography.

Verification

KYC/PAN, bureau, bank statement, obligations, household income and Tele-PD as applicable.

Risk linkage

A co-applicant or existing business falling in a Hard Stop profile causes the case not to proceed under normal BRE.

Existing-income route

Existing verified income × 90% must be at least the proposed EMI, subject to the lender’s final FOIR interpretation.

Future-income route

Credible post-skill income may be used for agreed courses using Lakshya CES, approved salary bands and income assurance.

Business cash-flow route

For micro-enterprise, assessed monthly surplus after household and business obligations must support regular EMI.

The policy note’s 90% income rule is presented as proposed. The lender should finalise the operational FOIR cap, income haircuts and exception authority before go-live.
Prohibited activities

Gambling/betting, statutorily prohibited goods/activity, arms and ammunition.

Unacceptable income

Speculative primary income/activity and informal lending/money-lending.

Other hard stops

Specified home tuition, fraud/adverse FI, current serious credit issues, unapproved TP/course/activity and mandatory-condition failure.

Common risk guardrails

Controls shared across both products.

Approved master only

Course, TP, role, geography and activity must be approved before straight-through processing.

Positive FI + auditable PD

AI filtration supports—not replaces—final verification, recorded PD and lender controls.

Controlled end use

Direct TP/vendor payment, invoice/quotation matching and purpose validation.

Refer—not override

Bureau 650–699, permitted rented residence and caution cases move to delegated authority.

Behaviour + completion

Psychology, dropout risk, attendance, milestone data and partner outcome tracking.

Hard Stop discipline

Fraud, adverse FI, negative-profile master, serious delinquency or mandatory-rule failure.