|
To retain and expand customer base of the company and also to meet the ever-increasing demand for low cost funds, the Company has entered in to partnerships with various Banks and Institutions to fund the vehicle acquisition plans of individual transport operators. The other prime considerations include; |
 |
 |
Effectively countering the competition with low cost funds accessible under the partnership arrangements, which are otherwise not available to the Company. |
|
|
|
Utilize the Company’s available Infrastructure, expertise and wide contacts the Company has among the Truck Operators to earn fee based Income. |
|
|
Benefit from the enormous investments opportunities in the Vehicle finance segment with out tying down Company’s relatively high cost of funds. |
|
|
Under the Asset Management, IKF assumes the responsibility of identification and selection of the prospective borrowers who intend to purchase commercial vehicles, in accordance with the broad guidelines issued by respective Bank/ Institution.
IKF undertakes to monitor the asset financed by the respective Bank/Institution and assumes the collection responsibility of monthly Installment amounts from the respective Borrowers and remit the same to the Bank/FI on the due dates. |
