Kotak Prime will now have access to over 16,000 high-quality customers with a total loan outstanding of Rs 425 crore. FCIPL customers will be transitioning to Kotak Prime in a planned manner over the next few months, Kotak Prime said in a statement.
In September 2021, Kotak Mahindra Group had announced acquisition of the vehicle financing portfolio of Volkswagen Finance Private Limited, comprising passenger cars, two-wheelers and commercial vehicles.
Kotak Prime Car Loan Statement Download
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Kotak Prime started as a car finance company, and started financing two-wheelers in 2018. The company operates in financing in the form of loans for dealers and retail customers. It offers financing for the entire range of passenger cars, multi-utility vehicles, pre-owned cars and two-wheelers.
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