> ## Documentation Index
> Fetch the complete documentation index at: https://razorpay-60c89f9a-mintlify-audit-missing-sections-1778528421.mintlify.site/llms.txt
> Use this file to discover all available pages before exploring further.

# Yes Bank Onboarding

> Understand in detail the onboarding process and eligibility criteria for RazorpayX Corporate Cards powered by Yes Bank.

## Onboarding Process

<Steps>
  <Step title="[Contact Razorpay Support](https://razorpay.com/x/corporate-cards/s...">
    [Contact Razorpay Support](https://razorpay.com/x/corporate-cards/signup/) to raise a request for Corporate Cards.
  </Step>

  <Step title="Razorpay checks eligibility based on policies.">
    Razorpay checks eligibility based on policies.
  </Step>

  <Step title="Submit [required documents](/x/capital/corporate-cards/docs-require...">
    Submit [required documents](/x/capital/corporate-cards/docs-required) for KYC verification by Razorpay and YBL.
  </Step>

  <Step title="Assessment of credit card limit by YBL.">
    Assessment of credit card limit by YBL.
  </Step>

  <Step title="Sanction letter issued by YBL.">
    Sanction letter issued by YBL.
  </Step>

  <Step title="Post-sanction documentation like signed agreements on stamp paper,...">
    Post-sanction documentation like signed agreements on stamp paper, original documents verification, and so on.
  </Step>

  <Step title="Final KYC and CKYC (Central KYC, a process of checking your KYC wit...">
    Final KYC and CKYC (Central KYC, a process of checking your KYC with the nation-wide Central repository of all registered KYCs).
  </Step>

  <Step title="Card issuance and despatch.">
    Card issuance and despatch.
  </Step>

  <Step title="Card activation.">
    Card activation.
  </Step>
</Steps>

## Eligibility Criteria

## Criteria | Based on PG Policy | Based on PG + Financials Policy | Based on Financials Alone

## Max Amount | Up to 30 L | Up to 1.5 Cr | Up to 3 Cr

## PG Vintage| > 6 months | > 6 months | Not Required

## Avg 6 months Razorpay PG GMV (Gross Merchandise Value) | > 1 L | > 5 L | Not Required

## Turnover (previous FY) | Not Required | > 6 Cr | > 50 Cr

## PAT (Profit After Tax) | Not Required | Positive for previous 2 years | Positive for previous 2 years

## Entity Type| Pvt Ltd, Public Ltd, LLP, Partnership, Proprietorship | Pvt Ltd, Public Ltd, LLP, Partnership, Proprietorship | Pvt Ltd, Public Ltd, LLP, Partnership, Proprietorship

## Exclusions | Negative Industry List | Negative Industry List | Negative Industry List

Business Vintage | 3+ years | 3+ years | 2+ years

<Info>
  **Handy Tips**
</Info>

**Secured Cards** do not require the above eligibility criteria to be met. They are sanctioned solely based on Fixed Deposit(s). The deposit is lien-marked against the Corporate Card santioned. Secured Cards are:

* Suitable and recommended for entities failing to meet the criteria for Unsecured Cards by partner banks.
* Available for any registered entity (including trust, proprietorship, partnership and society).
* Sanctioned for a maximum limit of 90% of the deposit amount.
* Minimum deposit required is 7 lakhs, which is negotiable up to 5 lakhs. The deposit will earn interest as per prevailing bank norms.

<Warning>
  **Watch Out!**

  * All policy changes and final underwriting decisions rest solely with Yes Bank, in accordance with applicable RBI regulations.
  * Premature closure of the lien-marked FD is not permitted while the card is active, though partial withdrawals may be allowed subject to the credit limit, as per the norms by the partner bank.
</Warning>

## Related Information

* [About RazorpayX](/x)
* [About RazorpayX Corporate Cards](/x/capital/corporate-cards)
* [Sign up for RazorpayX Corporate Cards](https://razorpay.com/x/corporate-cards/)
* [RBL Onboarding](/x/capital/corporate-cards/rbl-onboarding)