You may also avail finance against your existing car.

Pre-approved loan* (Low ticket size loans)

• Loan amount up to Rs. 5 Lacs
• Minimum documentation*

Preferred segment loan

• Loan amount between Rs. 5000 – Rs. 5cr.*
• Hassle-free processing
• Funding 120% to 150% with maximum tenure of 36 months*

Approve you own loan* (For salaried employee)

• Monthly Installments Upto 50% of net salary*
• Loan amount equals up to 2 times of your annual salary*

Cash against your car*

      Avail this loan by pledging your existing car which is free from any loan / hypothecation.

Take over of your existing car loan and generate cash*

It’s a loan take over from the bank where the foreclosure amount is lesser than what KMPL actually funds on the asset. That’s how you generate cash and you can get more than 100% finance.*

Documents

Common Documents-

• 2 Photographs each applicant & co- applicans,
• Passport of each applicant & co- applicant,
• Utility Bill of office and residence (latest month) each applicant & co- applicant,
• Pan Card Copy each applicant & co- applicant.

In case of Salaried

• Employment certificate from the employer,
• Copies of pay slips for last 6 months and TDS certificate,
• Last 2 Years Form 16 issued by employer Bank statements.

Income Documents-

• 2 yrs ITR, computation of income, P&L, Balance sheet, +all Annexure & schedule, Dr. & Cr. List. (self & CA attested),
• 2 yrs ITR, computation of income, P&L, Balance sheet of individual,
• Last 6 months bank statement of individual,
• Last 12 months bank statement of the company, and all the EMI reflection if any loans going on,
• Sanction letter of all Loans & OD/CC (if any),
• Sales & Purchase Summery April – 2011 – Till Date,
• Dr. & Cr. List April – 2011 – Till Date.

Additional Documents-

• MOA & AOA copy / Partnership Deed,
• List of Directors/ Partners & Shareholder,
• Pan card copy of Company,
• Business Proof (Shop & Establishment Certificate, VAT, Sales Tax, Service Tax, IEC).

Car Documents-

• Car Insurance,
• RC Book