Do you finance all makes of three-wheelers?
Yes, we provide finance for all major three-wheelers that are currently available in the Indian market.
What is the maximum finance amount of a three-wheeler loan available?
The finance amount is based on the vehicle bought and the profile of the customer.
Do you finance the vehicles alone or the accessories as well?
We do not fund any accessories unless it is a standard fitting.
What is the interest rate for auto-rickshaw loans?
The interest rates offered are best in industry and are determined by the location of the customer, tenure of loan and customer profile.
For what time period is the three-wheeler loan available?
The three-wheeler loan is available for a maximum period of 4 years.
How much time does loan sanctioning take?
Normally, the approval is given in few working days after all the required documents are submitted. To check the documents required, click here.
Do you need any collateral security?
No, collateral security is not required.
Will you always require a guarantee?
What should I do in case I wish to replace my PDCs?
To do so, you can send your request through one of our nearest branches. Please see 'Our Network' to view a list of our branches.
Can I remit the instalments in any branch?
Yes. You can remit your instalments in any of our branches. Click here to view a list of our branches.
What is the procedure in case I wish to foreclose my account?
Under the finance agreement, foreclosure is not contemplated. However, upon your specific request, we may advise the settlement amount to you and on remittance of the same, the necessary termination papers would be issued post loan closure.
What should I do when my contract tenure gets over?
On payment of the last instalment and any other dues as per the agreement, the termination papers including the RTO related papers would be issued and delivered to your address.
What papers do I have to collect on termination?
The termination letter.
The no-objection letter addressed to the RTO.
Insurance endorsement cancellation letter
What should I do in the case of address change? Who should I intimate?
You can intimate the concerned branch, which you normally deal with. Otherwise, you can email us by clicking here.
Is a third party insurance cover enough?
No, comprehensive coverage is required.
Do you insist that insurance has to be done only through your agent? Can I take responsibility for insurance on my own?
We do not insist on this, but please take care to arrange for comprehensive insurance and produce the policy copy with our endorsement in time. However, if you pay the premium along with monthly instalments, we can take care of your insurance needs.
Will you give me a copy of the agreement duly filled in for my records?
Yes, a copy of the agreement will be provided to the applicant.