CHOLAScheme & Policy Intelligence
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For salaried buyer, CIBIL 790, buying Maruti Grand Vitara in Mumbai, monthly salary ₹1.2 lakh, what LTV is possible?
Customer qualifies for 93% LTV under active Maruti Suzuki scheme (salaried, Maharashtra). With bureau 790 and stable salaried profile, customer is eligible for prime program which may allow higher LTV up to policy cap of 94% subject to branch approval. Assuming ex-showroom price ₹12L, indicative loan ₹11.16L at 93% LTV, tenor 84 months. Documents: last 3 salary slips, 6-month bank statement, PAN, Aadhaar, Form 16, employment ID, dealer invoice, cancelled cheque.
Bureau 790 exceeds prime threshold (740+) under policy program . Scheme offers 93% LTV; policy cap for Maruti non-prime is 94%, so customer may access up to 94% with branch approval. FOIR 60% allows monthly EMI obligation up to ₹72k on ₹1.2L salary. Geography (Mumbai/MH) and manufacturer (Maruti Suzuki) both covered by active scheme.
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