Loan underwriting is an eligibility process check performed by a lender , such as a bank or NBFC, to determine if a borrower/applicant meets the lender's eligibility criteria before approving the loan. It involves evaluating the borrower's credit information, reports, CIBIL scores, and financial documents such as income statements to assess their creditworthiness . A credit underwriter and a credit officer perform this process . The eligibility criteria vary across lenders,