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Refinancing
Refinancing
 

TMF offers range of refinance products to suit your needs. Available for vehicles from 0-8 years of age for loan duration of 12 to 48 months. All this with TMF advantages of faster loan disbursals, attractive interest rates and flexible terms.

REFINANCING is available for :

 
SALARIED INDIVIDUALS -
 
Eligibility Criteria:-
- Minimum age of Applicant: 21 years
- Maximum age of Applicant at loan maturity: 60 years
- Minimum employment: 1 year from date of joining
 
Documents required:-
Proof of Identity:-
Passport , Photo Credit Card, PAN Card, Voters Id car, driving license, Employee ID issued by Government of India, PSU, Limited companies, Local Panchayat ID card, Notary certification with Photograph.

Income Proof: -
Latest salary slip with form 16.

Address Proof: -
Lease Agreement, Ration card, Driving license, House Tax Challan, Housing Society Bill, Voters card, passport, telephone bill, electricity bill, Water Tax Challan, Telephone Bill / WLL Connection, Credit Card Statement, Post Paid mobile bills (2 bills required – bill of the last completed month and of 6 month before the last completed month), PAN Card, Bank Certification / Statement duly certified by the bank in original, Gas Connection Bill.

 

SELF EMPLOYED -

 
Eligibility Criteria:-
- Minimum age of Applicant: 21 years
- Maximum age of Applicant at loan maturity: 70 years
- Minimum employment: At least 2 years in business
 
Documents required:-
Proof of Identity:-
Passport, PAN Card, Voters Id car, driving licence,Latest Sales tax assessment order, Sale tax registration certificate.

Income Proof: -
Latest ITR.

Address Proof: -
The documents collected towards identity proof to reflect the current address of the concern/firm.

 

PARTNERSHIP FIRMS -

 
Eligibility Criteria/Documents required:-

Proof of Identity:-
Partnership deed, Shop & Establishment Act certificate, Latest Sales tax assessment order, Sale tax registration certificate.

Income Proof: -
Audited balance sheet, Profit & loss Account for latest two years and the latest 2 years IT returns of the company.

Address Proof: -
The documents collected towards identity proof to reflect the current address of the concern/firm.

 

PARTNERSHIP FIRMS -

 
Eligibility Criteria/Documents required:-

Proof of Identity:-
MOA & AOA (with registration certificate).

Income Proof: -
Audited balance sheet, Profit & loss Account for latest two years and the latest 2 years IT returns of the company.

Address Proof: -
The documents collected towards identity proof to reflect the current address of the concern/firm.

 
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Loan Required For
 
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