use case
Checks for vehicle finance
Check the borrower, the vehicle’s registration and the address you will be dealing with, in one flow.
the problem
What teams deal with
- The vehicle record and the borrower need to agree before disbursement.
- Field visits to confirm addresses are slow and costly.
- Repayment accounts need checking before the first instalment.
a typical flow
One flow, one integration
Each step is a separate API with the same request and response design. Your policy decides which steps a product needs.
- PAN verification
- RC verification
- Digital address verification
- Bank account verification
- Bank statement analysis
- Your decision
apis
APIs for vehicle finance
Vehicle RC verification API
Check a vehicle registration certificate: status, masked owner name, vehicle details and registration validity.
Digital address verification API
Compare the address a customer declares with location evidence captured on their device, and see the distance and its limits.
PAN verification API
Check that a PAN exists and is active, and see the permitted details on record, with the source and time of every field.
Bank account verification API
Check that a bank account exists and can receive funds, and compare the account holder’s name with the name you were given.
Bank statement analysis API
Turn bank statement data into income, balance, obligation and repayment-capacity measures, each traceable to the transactions behind it.
good to know
Good to know
- Your KYC obligations remain yours. Koshio supplies checks and the evidence behind them; your policies decide what happens next.
- A registration record does not show who has the vehicle or whether it is free of other loans.
questions
Questions
Does this check whether the vehicle already has a loan against it?
Not on its own. RC verification returns the registration record; a separate check for existing financiers is on our catalogue but not yet among these pages.
Talk to us about vehicle finance
Tell us what your flow looks like today, and we'll show you how the checks fit into it.
Or write to sales@koshio.in