This course explains Policy Deviation Risk Assessment and how the risk implications of deviations from established credit policies are evaluated within Agri & Rural Commercial Credit. It covers the key dimensions of frequency, materiality, product circulars, and PSL rules, emphasizing the need for structured assessment, clear boundary definition, and independent validation before credit decisions are finalized. The course also distinguishes Policy Deviation Risk Assessment from operational procedure design, and highlights its role within Policy, Program & Compliance Application, where the credit analyst executes assessments, completes documentation, and flags exceptions for review, including escalation to credit committees where required.