1. COMMERCIAL VEHICLE LOAN
WELCOME YOU..

2. INTRODUCTION
- Present Portfolio - About Commercial Vehicles - Types of Commercial Vehicles - Product Details - Employee Referral Incentive

3. What is a Commercial Vehicle
What is a Commercial Vehicle? A vehicle driven for commercial purpose and which can be used for carrying Goods or Passengers. What is the need for Commercial Vehicle Loan? India has one of the largest road networks in the world. As, Road transport is quicker, more convenient and most flexible there is Increasing demand for Commercial vehicles in the market. Due to High cost of vehicles, which cannot be generally met by Customers/ Individuals on stand alone basis, there is always a need…

4. Types of Commercial Vehicles
- SCV – Small Commercial Vehicles (Carrying capacity Less than 3.5 Tons) - LCV – Light Commercial Vehicles (Carrying capacity above 3.5 – 12 Tons) - M & HCV –Medium & Heavy Commercial Vehicles (Above 12 Tons)

5. SCV – Small Commercial Vehicles

6. LCV – Light Commercial Vehicles

7. M&HCV –Medium & Heavy Commercial Vehicles

8. Other Commercial Vehicles

9. Types of Loan
- Purchase of New Vehicle - Purchase of Used Vehicle - Refinance on Existing Vehicle

10. - First time User / Buyer
Type of Customers
- First time User / Buyer
- Captive Customer
- Vehicle Owner
*** (Individual /Proprietorship /Partnership firm /Limited Companies /Schools /Colleges /Trusts /Hospitals /HUF)

11. Documents Required
- ID & Address Proof - Experience proof (DL/RC/SSI/ST) - Vehicles details - Bank statement - ITR/Loan repayment track (If available)

12. Latest Circular -5961 Extension of 5760 & 5856
Incentive to MAFIL Employees for referring customers for CV Loans
Dotnet Lite:
Other loans---> Commercial Vehicle Loan ---> Lead Generation
Other loans---> Commercial Vehicle Loan ---> EMI Collection

13. Employee Referral Scheme
No. of Disbursal in a Month
Incentive to Employees
Upto 3 Files
@ Rs.1000 per file
Greater than 3 Files
@ Rs.1500 per file
Apart from file base incentive as mentioned above, top 3 contributors (PAN India basis) on the basis of loan disbursement amount shall also be eligible for special incentive on a monthly basis as below subject to a minimum contribution of Rs.10 lacs
Rank
Special Incentive Amt (Rs.)
1st
3000
2nd
2000
3 rd
1000

14. Business Incentive for RM/MM/AH per file is as given below:-
Eligible Functionaries: RMs, MMs and AHs
Business Incentive for RM/MM/AH per file is as given below:-
Applicable
No. of Files
Incentive per file (Rs.) RM
0-10
250/- MM AH
0-5
Special Incentive for RM/MM/AH for more number of files done during the month, in addition to file incentive Rs.250/-
Applicable
No. of Files
Special Incentive (Rs.) RM
> 11
2000/- MM
>11 AH
> 6
1000/-
Volume based incentive as special incentive for files disbursed during the month based on Area and Region for highest volume.
Applicable
Rank
Volume Incentive (Rs.)
RM/MM
1st
5000/-
2nd
4000/-
3rd
3000/- AH
2000/-
1000/-

15. MOST FAQ’S WHAT IS OUR INTEREST RATE ?
WHAT IS OUR MINI/MAXIMUM LOAN AMOUNT ?
DO WE FUND FOR LOWER MODELS ?
WHAT IS THE LTV PROVIDED ?
ARE THIRD PARTY SETTLEMENTS ACCEPTED ?
HOW LONG IT TAKES FOR DISBURSEMENT ?
WHAT IS OUR MAXIMUM TENURE AVAILED ?
ARE WE DOING CAR LOAN FUNDING ?
WHAT ARE THE OTHER CHARGES AND HOW MUCH ?
WHAT IS THE REPAYMENT MODE ?

16. OUR CONTACT DETAILS
JAYESH –SOUTH ZONE MARKETING
MR. KARTHIKEYAN –BM –MADURAI