Summary
This guide outlines the lender selection and ranking methodology utilized in multi-lender digital lending journeys, ensuring compliance with the Reserve Bank of India's (RBI) neutrality and borrower transparency mandates as specified in Para 6 of the RBI Digital Lending Directions, 2025 (DLD 2025). The document details the offer display and selection journey, where users are presented with a comprehensive display of eligible loan offers, including an indicative Key Fact Statement (KFS) to facilitate informed decision-making. The loan offers are ranked based on a scoring system that evaluates parameters such as the maximum loan amount, historical funnel conversion rates, temporary lender downtimes, and available funds for disbursal. The ranking process is designed to reflect the likelihood of loan approval, with indicators ranging from very high to low. In cases where lenders have identical scores, their ranking is determined randomly. The document emphasizes that the displayed offer details and approval probabilities are indicative and subject to change based on lender policies.
