Income existed — it just wasn't visible the way banks read files.
₹18 L car loan for a self-employed applicant banks kept rejecting
Amount
₹18 Lakh
Category
Car Loan
Profile
Self-employed trader with cash-heavy income
The Challenge
The applicant ran a healthy trading business but most income arrived as cash. Two banks rejected at first screening because ITR and bank statements didn't reflect the real earning capacity.
How We Structured It
We restructured the income documentation so the file told an accurate story, then matched the profile to an NBFC that underwrites self-employed applicants pragmatically rather than mechanically.
The Outcome
₹18 Lakh sanctioned at a competitive rate within 6 working days — and documentation future lenders will also recognise.
Your Next Financial Goal