Affordability you can act on, not a number you have to defend
TransactIQ reads the applicant\'s recurring inflows and obligations directly from the bank statement and translates them into the numbers a credit officer actually uses — obligation continuity, FOIR trajectory, Net Business Credit, and ready-made PL and HL affordability tables. The output is a working set, not a single opaque score.
Obligation and income signals
The four numbers an underwriter needs before looking at any headline ratio.
EMI continuity tracking
Every recurring EMI, NACH, or ECS obligation on the account is tracked month by month across the statement window. Consistent instalments read as live obligations. An instalment that ran for several months and then stopped before the statement ends is flagged — that shape is how a bounced, restructured, or settled loan shows up on a bank statement, and it is a signal that often does not appear on a bureau pull.
Fixed Obligation to Income Ratio (FOIR)
FOIR is computed each month from the loan and auto-debit outflows against total deposits for that month. The monthly view matters — a single aggregate FOIR hides the months where the applicant was already close to the ceiling. The underwriter gets the trajectory, not just the average.
Net Business Credit
Total deposits minus cash self-deposits and self-transfers. This gives the real external inflow into the account — the working-capital number a lender actually cares about — instead of an inflated figure inflated by the applicant cycling their own money.
Investment activity flag
Outflows to brokerage platforms, mutual-fund houses, and investment apps are identified separately, along with the share of income being committed to investment each month. This is a positive signal — it reflects surplus the applicant is actually deploying.
EMI affordability output
Tables and ladders the credit officer can read straight into an offer. The ranges below are the published product capability — not an advertised price.
Personal Loan affordability table
A ready-made grid of maximum loan amounts the applicant can service, with tenures from one year through ten years on one axis and interest rates from fifteen percent through twenty-five percent on the other. Each cell is pre-computed from the applicant's actual surplus — the credit officer does not open a spreadsheet.
Home Loan affordability table
A corresponding grid for home-loan underwriting, with tenures from ten through twenty-five years and interest rates from nine through fifteen percent. Same logic, different product shape. The table lets a relationship manager answer affordability questions on the phone without an Excel round trip.
Variable-EMI structures
Five suggested EMI ladder structures — conservative through seasonal — are generated from the applicant's actual disposable income over recent months. A cash-flow-seasonal MSME looks different from a salaried applicant on this dimension, and the single flat-EMI offer a lender reaches for by default is often not the best fit. The variable structures give the credit officer an actual ladder to choose from.
Outputs, not formulas
The affordability output describes what the applicant can support — not how the number was arrived at. The underlying logic is proprietary; the published surface is the outputs the credit officer reads: the dropped-EMI flag, the monthly FOIR series, the Net Business Credit figure, the PL and HL tables, and the variable-EMI ladder structures. That is what sits in the report. The internals sit in the product.
What a lender gets is a working set — not a score. Every number is traceable back to the rows on the statement that produced it. A credit committee that wants to see why FOIR spiked in month seven can, because the rows are there.
See the affordability output on a live statement
Credit teams can request a walkthrough showing the PL and HL affordability grids, the variable-EMI ladders, and the EMI-continuity flags as they appear in the report.
Request a walkthrough