How it works
Seven steps from lead to disbursement.
Every CarFin loan moves through a transparent workflow shared between borrowers, dealers, DSAs, and Red Fort Capital's credit team.
1
Apply online
Borrowers, dealers or DSAs create an application with borrower, employment and vehicle details.
2
Upload CarDr report
Upload the CarDr diagnostic PDF. Our underwriter team confirms key fields like DTC counts, repair estimate and grade.
3
Automated valuation
We compute lendable value adjusted for repair exposure, age, mileage and diagnostic discount.
4
Credit rules engine
FOIR, LTV, CIBIL and Red Fort Capital credit policy are evaluated. A draft offer is generated.
5
Underwriter review
Our credit team reviews exceptions, applies counteroffers, and approves the loan.
6
Sanction letter & EMI
Digital sanction letter is generated and an EMI schedule is computed on reducing balance.
7
Disbursement
Loan is disbursed to dealer / seller account. Borrower starts repaying as per schedule.