Question
What is the Minimum Holding Period (MHP) requirement for
loans with a tenor of up to 2 years before they can be transferred by the originator/transferor?Solution
• As per RBI’s guidelines on Transfer of Loan Exposures (TLE) and securitisation norms: o For loans with a tenor of up to 2 years, the Minimum Holding Period (MHP) is 3 months. o For loans with a tenor of more than 2 years, the MHP is 6 months. • The MHP is counted from the date of registration of the underlying security interest with CERSAI (Central Registry of Securitisation Asset Reconstruction and Security Interest of India). • The purpose of MHP is to ensure that the loan is adequately seasoned and reflects the repayment capacity of the borrower before being transferred or securitized.
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