The Consent Template CT048, finalised by the RBI Entities Council for the lending use case, defines standardised upper bounds for banks and other regulated entities to request customer consent for accessing up to 24 months of financial information, in line with IBA requirements. This template, tailored for Priority Sector Lending, restricts data access to bank statement information only, recognizing the needs and sensitivities of the weaker sections it is intended to serve.
Consent Template Information – CT048
| Consent Template Information | Description | Further Explanation |
|---|---|---|
| Consent Template ID | CT048 | For Sahamati's internal records and explanation to the community |
| Status | Active | For Sahamati's internal records and explanation to the community |
| Use Case Category | Priority Sector Loan (PSL) underwriting | For Sahamati's internal records and explanation to the community |
| Use case | The use case is designed to allow FIUs, to process borrower applications for Priority Sector Loans or housing loans under IBA schemes for EWS, LIG, and MIG categories. | While fair use template CT001 serves as the base loan underwriting template, a separate template for PSL ensures regulatory alignment, clear purpose, precise consent attributes, limited data usage and operational traceability specific to Priority Sector Loans. |
Consent Attributes and Values ( as per ReBIT specifications) – CT048
| Consent Details (Attributes) | Values (as agreed in the Council | Rationale |
|---|---|---|
| Purpose Text | As agreed by FIUs to show to the customer: To process borrowers’ Loan Application for | This purpose text is generic enough to cover multiple types of PSL loans while remaining compliant with RBI’s Prioirty Sector Lending classification. |
| As per ReBIT: Aggregated Statement | Same as Loan Underwriting template CT001 | |
| Purpose Code | 103 | Same as Loan Underwriting template CT001 |
| Purpose Code Category Name | Financial Reporting | As per ReBIT |
| FI Types | DEPOSITS | As lower-income borrowers typically have no investments or GST registrations, underwriting is based solely on bank statements; hence, FI types include only Deposits |
| Consent Types | Profile, Summary, Transactions | All data types are required as per IBA scheme, to determine the income based on the customers digital footprint. |
| Fetch-type | One Time | Same as Loan Underwriting template CT001 |
| Maximum Frequency | NA | NA |
| Maximum FI Data Range | 24 months | As per IBA circular for home loans for PSL |
| Maximum Consent expiry | 1 month | Same as Loan Underwriting template CT001 |
| Maximum Data Life | 1 month | Same as Loan Underwriting template CT001 |
| Last Published on 31st December 2025 |
Please note that the parameters of the individual consent templates in the Consent Template Library represent upper bounds for the respective use cases, as decided in the relevant User Councils. The parameters in the consent templates should be treated by participant(s) as outer limit(s) and not be construed as legal advice in any manner. Participants are encouraged to review their use case(s) and ensure compliance with applicable laws, including the RBI Master Directions on NBFC-AA and the DPDP Act.
Sahamati will publish additional consent templates as the AA ecosystem evolves based on discussions in the relevant Use Case Councils and the Fair Use Committee. Existing consent templates may also be revised based on statutory and regulatory guidance, including the DPDP Act and the Rules issued thereunder.