1 Malik Motor Finance Limited

THE COMPANY
Malik Motor Finance Limited is a registered Financial Services Company providing short to medium
term financing to Individuals, Small and Medium sized Enterprises (SME) in India. Malik Motor
Finance Limited is registered and supervised by the Reserve Bank of India. The Company
commenced operations in 1982. The Malik Motor Finance Limited team is young, vibrant and
innovative and have significant experience in the financial services industry. Malik Motor Finance
Limited Financial Services was founded based on the need to fill a gap in the way financial services
are offered to individuals and Small and Medium Enterprises.

The Malik Motor Finance Limited

team is continuously looking for
innovative and efficient means of
clients accessing short term
financing. We realize that not
every business or personal loan
application will fit in the “straight
and narrow” traditional loan
appraisal checklist and we
therefore look at different ways of
serving our clients with the
information they have readily
available for a credit appraisal.

WHAT WE BELIEVE

Making access to Short turnaround time, Innovative and Great customer

short term financing minimal efficient channels service and
easy for both documentation, for clients to experience
individuals and SME’s precise credit appraisal accesses financing
and efficient service
 Malik Motor Finance Limited 2

OUR VISON

• Our vision is to be the preferred financial solutions provider for Personal

credit, Small and Medium Enterprises (SME’s) in India.

OUR VALUES

• Preferred financial Institution by Individual and SME customers in our

chosen markets through offering innovative products and services

• Preferred employer by attracting, developing and retaining good quality

employees

• Increase value in our society by lending responsibly and supporting the

society in which we operate in

• Grow value for our shareholders

PRODUCTS AND SERVICES

The Company supports SME’s and Individuals by providing financing needs through short term
loans. Our loans are designed to provide financial support in the following categories:

PERSONAL LO AN S BUSINESS LO AN S

We provide different loan We provide different loan

products to individuals in our products to companies who
society. provide services to reputable
off-takers.
3 Malik Motor Finance Limited

OUR CLIENTS
Over the years we have serviced several clients from different sectors of the economy. Our clients
provide goods and services to Non-Government Organizations, large Corporates, the Mines,
Government, the Banking Sector, Telecoms Industry and Oil marketing Companies among others.

Our clients emanate from different sectors which include:

SUPPLIERS

FARMING
ENTERPRISES C O N STRUCTION

MANUFACTURERS
RETAILERS

TOURISM
 Malik Motor Finance Limited 4

LOAN FEATURES

Loan tenures
ranging
from 1 to
120 months.

Loan
amounts
from INR
1Lac to
INR 1Cr.

Tailor made
products to
meet the
needs of our
clients
 5 Malik Motor Finance Limited

BUSINESS LOAN TYPES

SEC URITY BACKED SM E FINANCIN G

This facility is a security backed loan that is open to all Small and Medium Enterprises that are duly
incorporated and registered with PACRA and have evidence of servicing reputable Companies.

O RDER FIN ANCING IN VOICE DISC O UNTING TERM LO ANS

SMEs who have orders with
established C orporates can
obtain short term credit of
30 to 90 days to enable
them to fulfill their Supply
contractual obligations.
SME’s that have already
supplied goods and
services to C orporates and
wish to get an advance
against the amounts
payable by the Corporate
to meet their short-term
needs.
SME’s with proven track
records and regular cash
flows from servicing
reputable corporate
organizations may qualify for
a short-term working capital
loan ranging from 1 to 12
months.

LO AN APPLICATION PROCESS

1 2 3 4 5
SME Malik Motor C redit appraisal Management Security perfection
supplier/contractor Finance conducted credit committee with lands, PAC RA
approaches Malik Limited approves facility & RTSA
Motor Finance confirms undertaken &
Limited for order with finance is
funding corporate KYC advanced to SME
documentation
reviewed
REQUIREMENTS ACCEPTABLE SECURITY
• Company documentation • For loans up to 50Lac – Motor vehicle
• 12 months Bank Statements (comprehensively insured)
• Directors KYC • For loans above 50Lac – Landed
• Copies of orders, Invoices and property
supply Contracts
• Acceptable Security
 Malik Motor Finance Limited 6

BUSINESS LOAN TYPES CONTINUED…

C O RPO RATE M O U BASED SM E FINANCIN G

These products are available to SMEs who provide services/goods to established Corporates who
have signed a Memorandum of Understanding with Malik Motor Finance Limited to facilitate
payment of Malik Motor Finance Limited loan repayments directly from the off-taker.

APPLICATION A ND LO AN PROCESS SMEs may obtain advance payments on

their Supply/Service Invoices that they
have already delivered on/fulfilled,
invoiced and are pending payment. This

1
CORPORATE SIGNS MOU facility is only open to SME’s servicing
WITH MALIK MOTOR C orporates that have signed an M O U .
FINANCE LIMITED
REPAYM ENT UN TIL M ATURITY

2
SME APPLIES FOR LOAN AND
Malik Motor Finance Limited
CREDIT APPRAISAL IS
CONDUCTED
1 makes submission of amounts
due to Corporate

3
Malik Motor Finance Limited
RECONFIRMS INVOICES/SUPPLY
HISTORY WITH CORPORATE
Corporate pays Malik Motor
2 Finance Limited full invoice
value

4
Malik Motor Finance Limited
ASSIGNMENT OF RECEIVABLES
BY SME TO Malik Motor
3 deducts loan amount payable
and remits balance of funds to
Finance Limited the borrower

5 FINANCING ADVANCED TO SME 4 Loan closed off

7 Malik Motor Finance Limited

PERSONAL LOAN TYPES

N O N –PAYROLL LO ANS

We provide short term loans to individuals who are in employment or have proof of regular
income. These type of facilities can be issued to individuals requiring funding to meet emergency
needs which may include school fees, medical bills, acquiring assets, building or expanding your
home and many other unforeseen expenses.

I KYC documents for applicant

II Proof of regular income

III 6 months bank statements

No adverse information on your CRB

IV report

Security (landed property or motor

V vehicle)

LO AN APPLICATION PROCESS

1 2 3 4 5
Individual Malik Motor C redit appraisal Management Security perfection
approaches Finance conducted credit committee with Ministry of lands
Malik Motor Limited approves facility or RTSA is
Finance confirms undertaken &
Limited for individual KYC finance is advanced
funding documentation to individual
and supporting
documents
 Malik Motor Finance Limited 8
PERSONAL LOAN TYPES CONTINUED…
PERSONAL C REDIT – C ORPORATE PAYROLL
Malik Motor Finance Limited provides short term credit facilities to employees of Companies that
enter into a Memorandum of Understanding (MOU) for payroll deduct loans with Malik Motor
Finance Limited. We offer superior service with a short turnaround time. The process is simple, and
funds are disbursed within 24hours of a complete application being received. The funds are
collected via monthly payroll deductions from the employer Company.

KEY FEATURES OF OUR LOANS

• Short term in nature, meant to finance short term needs that Banks typically do not finance.
• Loan repayment period is from 3 month to 120 months
• Top ups available after 6 months of performance on initial loan
• No collateral required
• Early Loan repayment allowed
• Loan size depends on Employee’s salary and tenure of loan
Our standard affordability criteria is that the employee should remain with at least 40% of Gross
pay as take-home pay after all statutory, employer and third-party deductions.

HOW IT WORKS

MOU Signed Between Employer and Malik Motor

1
Finance Limited
• Employer agrees to facilitate Malik Motor Finance Limited loan
deduction from payroll
• Employer agrees to remit deduction schedule and payment to Malik
Motor Finance Limited

Employee Application
• NRC
•
•
•
Three(3) latest pay slips
Preapproval document form HR/Finance
Three(3) latest bank statements
2
• Introductory letter

Malik Motor Finance Limited Review of

Application

3 •
•
Check that employees pay is within M O U conditions
Credit reference Bureau check
• Reconfirms employment status
• Loan approved
• Loan disbursed within 24 hours

Month End Repayment of Loan

• Malik Motor Finance Limited submits loan repayment schedule on

•
•
agreed date
Employer uploads deductions on payroll
Employer transfers consolidated deductions with deduction
4
schedule to Malik Motor Finance Limited
• Malik Motor Finance Limited uploads repayments on system and
loan is fully paid off
9 Malik Motor Finance Limited

LOAN TYPES CONTINUED…

INSTANT SALARY ADVA NC ES

Malik Motor Finance Limited provides short term credit facilities to individuals in formal
employment. We offer superior services with a short turnaround time. The procedure is simple
and straightforward in addition funds are disbursed within the short turnaround time of 30
minutes or less upon successful completion of application forms.

HOW DO I QUALIFY?
To apply for an instant salary advance fill in a loan application form and bring the following:

Three latest pay Three latest bank Introductory letter

slips (stamped by statements from the employer
employer) (stamped by bank)

C opy of N RC/Valid Two passport size

passport/valid photos
driver’s license

The funds are collected at the end of the month through Direct Debit and Credit Clearing
(DDACC) payment system.
 Malik Motor Finance Limited 10

WHY CHOOSE US

We engage our We work with We provide We are We add value to

clients to find out employers to mobile service to efficient the lives of our
how we can ensure needs of avoid the cost to clients by
improve our employees are both the providing access
service offering met employer and the to other products
employee through our
strategic alliances

ADVANTAGES TO EMPLOYER

Reduce A well monitored

administrative and coordinated
Frees up working
burden of management of
capital for the
administering the scheme in
employer
salary advances liaison with the
and loans employer

ADVANTAGES TO EMPLOYEE

Finance for
education, Short turn around
Access to quick personal time between
and easy financing development and 30min to 24hours.
other short-term
funding needs.

Existing Loan
Interest rates are
Refinance
fixed over the
(Replace existing
tenor of the loan
facilities with new
thereby providing
loans from our
peace of mind
organization)
H-213, Sector 63, Noida, Uttar Pradesh Noida Office: +91 8961743313 b8961743313@gmail.com
Gautam Buddha Nagar UP 201301 IN

Malik Motor Finance Limited