About the Pool

The pool consists of HL contracts originated and currently serviced by PCHFL. At the time of securitisation, the pool was geographically concentrated with Maharashtra accounting for 67.0 per cent of the principal outstanding. The pool had a moderate seasoning profile (weighted average net seasoning of 17.7 months); all receivables in the pool were from contracts that were current on payment as on the pool cut-off date. The pool had a weighted average original tenure of 18.4 years and an average ticket size of Rs.15 lakh.

Pool Performance Summary (as after May 2023 payout)

!CCR = {Total collections in the pool/(Total billings + opening overdues at the time of securitisation)}
^MCR = Monthly collections in the pool / Monthly billings

*TCR = The minimum cumulative collection ratio required on a pool’s future cash flows, to be able to service the investor payouts on time

Counterparty Details

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