Unnati - Inventory Financing
Finance your inventory easily and manage your day to day business operations.
Unnati - Inventory Financing
Finance your inventory easily and manage your day to day business operations.
Easy, flexible & digital
Inventory finance simplified
Meet your inventory needs of business effortlessly without impacting your cash flows. With Unnati's Inventory Financing, bid on and purchase cars from the CARS24 platform today, and pay later up to 60 days. Benefit from competitive interest rates and a fully digitized process for complete transparency and convenience.
Industry-best rates starting @ 14%* p.a.
100% Transparency
Minimal paperwork
Flexible credit limits
Best Rates and Simplest Terms
Explore the features and benefits of choosing our inventory finance:
Best Rates and Simplest Terms
Explore the features and benefits of choosing our inventory finance:
Low Interest Rates
Starting at just 14%* per annum for big savings.
Flexible Credit Limits
Custom-fit to meet your unique business needs.
Fully Digital Process
Fast, easy, and hassle-free financing solutions.
Minimal Documentation
Less paperwork for a smooth experience.
No Hidden Fees
Enjoy complete transparency in all transactions.
Easy, Simple, Digital Paperwork
Simplify your inventory financing journey with easy documentation. Having the right documents ready ensures a quick and seamless eligibility check for your financing needs. Note: The requirement for Know Your Customer (KYC) documentation will vary based on the nature of the legal entity. We will request the necessary KYC documents in accordance with our established KYC policy.
Identity Proof
- PAN card
- Aadhar card/ Driver’s licence/ Voter ID/Passport
Address Proof
- Residence Proof - Aadhaar/ Passport /Voter ID/ Driver’s licence/ Utility bills/Passport/Notarized rent agreement
- Business Address Proof - GST Certificate/ Current Account Statement/ Utility bills/Passport/Notarized rent agreement
Business Proof
Udyam Aadhar/ Shop Act/ GST Certificate/ Trade License
Income Proof (Optional)
6 months’ bank statement
Co-Applicant (Mandatory)
- PAN card
- Aadhar card/ Driver’s licence/ Voter ID/Passport
- 6 months’ bank statement
Am I Eligible for Inventory Financing? Let’s Find Out.
1-2-3 Steps to Secure your Limit:
Follow these simple steps below to complete loan application online:
Express your interest
Click on ‘Apply Now’ or use our Dealer App to begin.
Submit and sit back
Our team will contact you to guide you through the remaining steps effortlessly.
Get Approved
Upon approval and signing the agreement, a credit limit will be assigned, allowing you to access Unnati Inventory Financing to bid and buy cars from CARS24 platform with ease.
Terms approval and utilization
100% Transparent Rates and Charges
Read the mentioned fees and charges to make an informed decision about taking inventory financing with us. Here are our different types of fees and charges (GST will be charged where applicable):
| Type of fee | Applicable charges |
|---|---|
| Interest Rate | Starting 14%* per annum |
| Processing Fees | Rs. 200 per lakh subject to Rs 1000 maximum |
| Penal Charges in case of default | Rs 50/- per day per lakh |
| Bounce/Swapping Charges* | Rs. 500/- per instance |
| Late Payment Fees | Rs. 1000/- per car |
| Collection Visit Charges* | Rs. 1000/- per car |
| Delinquency Charges* | Rs. 5000/- per car |
| Legal Notice Charge* | Rs. 5000/- per case |
| Arbitration Charges* | Rs. 10000/- per case |
| Repossession Charges* | Rs. 25000/- per case |
| Blacklist / RC Hypothecation Charges* | Rs. 5000/- per case |
| Repair Charges* | Rs. 2000 per car or as per actuals, whichever is higher. |
| Fuel Charges* | Rs. 500/- per car |
| Buyback* | Rs. 7500/- per car (Pick up from home) Rs. 5000/- per car (Inspection done at retail store) |
| Driver Cost* | Rs. 850/- per car |
Factors affecting your eligibility
Know the factors affecting your eligibility for inventory financing -
- Credit score: Your credit limit and interest rate are significantly influenced by your credit score. A score of 700 or higher can qualify you for higher limits and lower interest rates, while a lower score may result in reduced credit limits, higher rates, or even rejection
- Credit history: A clean financial history, free from defaults on loans or credit cards, assures the lender of your ability to make timely repayments.
- Business continuity: A minimum of 1 year in business is required to be eligible for inventory financing credit limits, ensuring a stable track record for financial backing.
- Cash Flow Stability: Lenders assess your business’s cash flow to determine your ability to repay the financing. Consistent and positive cash flow increases your eligibility for higher credit limits and better terms.
- Inventory Quality and Turnover: Lenders evaluate the quality and turnover rate of the inventory you intend to finance. Fast-moving, high-demand inventory is seen as less risky and can improve your eligibility.
Need Help? Find Answers Here
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