KMP Type identifies the nature of the key managerial person’s role in the borrowing entity. In MSME credit files, the same individual may act as promoter, director, partner, guarantor, authorised signatory, or finance controller, and each role has different implications. For example, a director may not be involved in daily operations, while a managing partner may control both business decisions and bank dealings. This classification helps underwriters assess governance, authority, succession, related-party links, and responsibility for disclosures. It matters because unclear role mapping can create documentation and accountability gaps. The common caution is to use controlled role values and verify the role from entity documents, resolutions, filings, or partnership deeds rather than free-text descriptions.