Loan-Classification
loan classification | meaning | provision |
---|---|---|
pass loan | Not overdue/Overdue up to 1 month | 1% |
Watchlist | Overdue up to 3 month i.e 1-3 months | 5% |
Sub-standard | Overdue up to 6 month i.e 3-6 months | 25% |
Doubtful | Overdue up to 1 year i.e 6-12 months | 50% |
Loss | Overdue for more than 12 month | 100% |
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