IKF PARTNERS WITH

HDFC Bank Limited

Most trusted Private Sector Bank in India


The Company has entered in to a Channel Business Arrangement with HDFC Bank Limited to compete with the big players in the market and also to expand the Company’s Customer base.

Under the arrangement, IKF assumes the responsibility of identifying and selecting the prospective Borrowers who intend to purchase Commercial vehicles in accordance with the broad guidelines issued by the Bank along with the Asset / Collateral Monitoring and collection responsibility.

The Company has been continuing its association with HDFC from 2004 onwards and has disbursed Rs.500 Cr so far.


Most trusted NBFC in India

Sundaram Finance Limited, Chennai has extended Securitization exposure limit to the Company for purchase of Company’s Vehicle Receivables Portfolio in trenches on revolving basis.

The borrowing cost of the Company will come down proportionately with the securitization of receivables at lower rate of interest than the present borrowing rates.

Besides the low cost of funds, it also helps to maximize the liquidity of the Company, which will enable the Company spearhead its lending activity.


Most reputed business conglomerate in India



The Company has entered in to a Channel Business Arrangement with Bajaj Auto Finance Limited in the year 2009.

The Company has been continuing its association with BAFL and has disbursed Rs.35 Crores so far.