Consumer

Finance - Anytime, Anywhere.

This document is a property of Zen Lefin Pvt. Ltd. and is intended for use only to the recipient of this mail. This is strictly confidential and
should not be copied or reproduced in any manner.
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Product
Capital Float is reinventing retail consumer finance by offering simple, easy and no-interest financing
for high-value services in elective healthcare, wellness and education verticals.

• Advance is a Cloud based SaaS

platform that enables providers and
merchants to offer finance at point of
sale to consumers.

• Empowers consumers to afford the

purchase/service they deserve by
letting them choose the monthly
payment plan suiting their budget at no
or low interest.

• Industry’s first mobile-first platform

available for use anywhere – instore,
mobile or web.

• 100% paperless with delightful

customer experience.
Value Proposition
Capital Float’s consumer financing platform “Advance” is expected to increases sales for Service
Provider, bringing in consumer loyalty and increases marketing reach to new consumers

Service Provider Students

Increase sales and close more deals 100% paperless & single Application
Affordable monthly payment options Complete the entire process in less
increase purchasing power of than 15 mins and get the funding
consumers and hence conversions

Increase average ticket size No interest* & no hidden charges

Financing makes your service more No interest in promotional period for
affordable and will increase your full payment.
average ticket size. No hidden charges
Attract more consumers
Use financing as a sales and Anywhere financing
marketing tool. Free material for Avail financing at in-store tablet or
posters and integration Mobile application
Stand out from the competition
Financing will allow you to stand Flexible payment plan
out from the competition. Choose the term that suits your budget
Dedicated Account manager for without sacrificing your desires.
customer service.
Why Advance ?
Advance is the only mobile lending platform which is 100% paperless with no interest* financing

Instant Approvals Best Discount Rates Paperless

5 minutes 0-10% 100%

Digital
Average time Average merchant
Origination
of approval discount rate
and servicing

High Approval Rates Competitive Interest Rates High Conversion

>80% 0% >20%
Interest rate in Increase in
Approval
promotional sales once POS
rates lending is
period
enabled

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10x Leap for merchants and consumers
Advance offers the simplest and most affordable way to purchase medical care offline

Traditional Lenders Credit Card

18%-30% APR for range of

0% interest fixed monthly consumer profiles 1-month no-interest period
Affordability installments for consumers 0% promotion by 24% APR post 1-month
competitors

5-10 minutes for entire loan

application and approval. 1-2 days or more for the
Customer experience Pre-approval takes only 2 process
Instant
minutes

Mobile-first lending
platform.
Ease of Use Available anywhere – in
In-store loan officers Online, Low penetration
store, mobile

No setup fees, no hidden Cost of hardware and

Costs fee, no hardware
High Manpower costs
acquiring fee

Access to high purchase Credit cards have very low

Consumer benefits items
Same
penetration

5
Application & Settlement process
Capital Float offers real time underwriting for the consumers leading to enhanced cash flows for the
merchant

Midnight

Consumer purchase Consumer’s first

Consumer starts Consumer makes direct debit
approved by the
application down payment repayment
platform

30 days
10:00am 10:03am 10:10am 10:11am 10:12am 10:12am
later

Receives options for Merchant receives

Merchant uploads
taking financial payment within
provisional invoice
decision 24 – 48 hours*

* Time of disbursal from the lender to the merchant depends upon the start date of service
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Product Workflow
Service Provider can add, view and manage consumer finance application through a mobile application
available in-store while consumer uses the consumer application to confirm and manage the credit.
Application & Settlement process
Capital Float offers real time underwriting for the consumers leading to enhanced cash flows
for the Service Provider

Midnight

Consumer purchase Consumer’s first

Consumer starts Consumer makes direct debit
approved by the
application down payment repayment
platform

30 days
10:00am 10:03am 10:10am 10:11am 10:12am 10:12am
later

Receives options for Service Provider Service Provider

taking financial uploads provisional receives payment
decision invoice within 24 – 48
hours*

* Time of disbursal from the lender to the Service Provider depends upon the start date of service
Requirements for an Applicant
Before Start of any Application, the Applicant should have

1. Aadhar Card

2. PAN Card

3. Earning Professional – Salaried or Self-

Employed
• Between 21 and 65 years of age.

4. Savings Bank A/C

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Requirements for Service Provider
Before Start of any Application Service Provider should have

1. Phone ( Android 4.0 and above ) with OTG

Port

2. Biometric Device

3. Wifi or Internet

4. Login Credentials

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Dashboard

Total Applications till date

All New / Existing Applications can

be accessed from the dashboard
screen

Status of the Application. Stages are

1. KYC
2. Approved
3. Accepted
4. Agreement Done
5. Invoice Uploaded

Click on “+” symbol to

start a fresh Application

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Application Stage

123412341234

AAAA1111A

dentistry

9999999999

Remember: Any earning member in the direct blood relation to the consumer can also apply on
behalf of the student on our platform
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Application Stage
Only in case if the Applicant and Consumer is different

Fill in
Consumer
Details
and click
on “Next”

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E-KYC Stage

123412341234 123412341234 123412341234

Note: This message shows up only when you connect

the biometric device for the first time, click on the
“Tick” and press “OK” 14
E-KYC Stage

123412341234

9999999999

Advance.akash@gmail.com

Note: Ask the Applicant to put his finger on the

biometric device and press on “SCAN”.
You will automatically see his Aadhaar details.
Keep his finger pressed till you see the message
Click “Apply”.
“Capture Fingerprint Success”.
Do not press “NEXT” 15
Approval Stage

“Congratulations” Case Approved.

Select the plan and click on
By default it shows 3 months. All 3 plans will Appear.
“Accept”.
Click on this box
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Bank Account Details

• Please Enter the Bank Account Details of the

Applicant

• Account Holder Name

• Account Number

• Bank Name

• IFSC code

• Branch Name

• Make sure these details match the NACH mandate

proof that you will submit

• Signature for this bank A/c should match the

signature on NACH mandate signed.

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Digital Loan Agreement Stage

Click here “I accept the terms of the Loan

Agreement” and Press “Accept”
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 Digital Loan Agreement Stage
Aadhaar based OTP verification

OTP to be received within 30 secs

Enter the OTP received on Consumer Loan Agreement
in the inbox of the Applicant.
phone which is linked to will generate, click on
Resend OTP only if the OTP does
Applicant’s Aadhaar Card “Accept”
not come in a minute. 19
 Down Payment and Invoice Upload Stage

Click on “Pay Now”. There is no Select the date of service Delivery Type is based on
down payment required and Delivery Date. In type of service. If not listed,
most cases, it is same. enter “Other”
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Purchase Details – Document Upload

Upload Purchase Invoice Upload Signed NACH Mandate Upload Cancelled Cheque

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Invoice Uploaded and Process Complete

As soon as the final stage

shows on the Dashboard
“Invoice Uploaded”, The
Process is complete

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Documents to be collected
NACH Mandate

1 Copies of NACH Mandate – Only Signature

1. Signature should be in the highlighted area only
2. DO NOT fill anything else on the mandate
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Bank Account Proof – Only Savings Bank Account
Savings Bank Account is only acceptable

1. Name should be present on the Cheque along with IFSC Code and
Bank A/c only
2. Cancel the Cheque, Do not leave it blank at any time
If name is not present on the cheque, collect Bank passbook copy or
bank statement which should be self attested by the applicant 24
Disbursal

For Disbursal to happen within 24 hours from the application, kindly

make sure it is in “Invoice Uploaded” Stage.

Please send the physical copies to BLR centre

within 5 days

• 1 NACH mandates (Only signed)

• Cheque and Bank Proof (if applicable)

• Invoice (Stamped)

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FAQs
Frequently Asked Questions

For Applicants
1. What will be the first EMI Date?
Ans. First EMI will hit post 30 Days from the date of application closest to any of 4 EMI
cycles which fall on 1st-5th-16th-20th of every month.
Eg. Application 21st march – EMI 1st May, Application 7th April – EMI 16th May

2. When can a customer preclose a loan and are there any charges?
Ans. No charges and preclose the pending amount anytime.

For Service Provider

1. When does Service Provider courier copies of documents and where?
Ans. On every Thursday and Monday service provider to courier documents to
“Advance, Zen Lefin Pvt. Ltd., 'Gokaldas Chambers', #222/14, 3rd floor, 5th
Main, Bellary Road,Sadashivnagar, Bangalore - 560 080.
(Not Applicable for Bangalore, Chennai and Delhi; will be picked up by CF)

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 For any queries,
you can reach out to us at
advance@capitalfloat.com

Helpline : 1800 419 0999

Gokaldas Chambers, 3rd Floor, 5th Main, Bellary Road,

Sadashivnagar, Bangalore, Karnataka 560080 India