> ## Documentation Index
> Fetch the complete documentation index at: https://razorpay-881012b3.mintlify.site/llms.txt
> Use this file to discover all available pages before exploring further.

# Yes Bank Onboarding

> Know the onboarding process and eligibility criteria for Yes Bank powered RazorpayX Corporate Cards.

<div style={{display:"flex",flexWrap:"wrap",alignItems:"center",gap:"0.35rem 0.9rem",border:"1px solid rgba(128,128,128,0.28)",borderRadius:"0.5rem",padding:"0.45rem 0.75rem",margin:"0 0 1.25rem",fontSize:"0.875rem"}}>
  <span style={{fontWeight:600}}>Available in</span>
  <span>🇮🇳 India</span>
</div>

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

## Onboarding Process

1. [Contact Razorpay Support](https://razorpay.com/x/corporate-cards/signup/) to raise a request for Corporate Cards.
2. Razorpay checks eligibility based on policies.
3. Submit [required documents](/docs/x/capital/corporate-cards/docs-required) for KYC verification by Razorpay and YBL.
4. Assessment of credit card limit by YBL.
5. Sanction letter issued by YBL.
6. Post-sanction documentation like signed agreements on stamp paper, original documents verification, and so on.
7. Final KYC and CKYC (Central KYC, a process of checking your KYC with the nation-wide Central repository of all registered KYCs).
8. Card issuance and despatch.
9. Card activation.

## 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**

  **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.
</Info>

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