The following Hire Purchase Schemes are available for motor vehicles.

A Hire Purchase Agreement is signed between the Hirer and the company(owner) before the disbursement of loan. A marginal amount equal to the cost of vehicle less the loan amount given in the table is paid by the Hirer initially.


Hire Purchase Schemes
Vehicle Loan Duration EMI Document
Charge
TVS STAR R
Rs.25,000/-
24 Months
Rs.1,350/-
Rs.700/-
TVS STAR DELUX
Rs.25,000/-
24 Months
Rs.1,350/-
Rs.700/-
TVS STAR CITY
Rs.25,000/-
24 Months
Rs.1,350/-
Rs.700/-
TVS XL-Super HD
Rs.17,000/-
18 Months
Rs.1,150/-
Rs.500/-
TVS XL-Super
Rs.17,000/-
18 Months
Rs.1,150/-
Rs.500/-
TVS Scooty
Rs.25,000/-
24 Months
Rs.1,350/-
Rs.700/-
TVS Scooty Pep
Rs.25,000/-
24 Months
Rs.1,350/-
Rs.700/-
HERO HONDA Splender Plus
Rs.25,000/-
24 Months
Rs.1,350/-
Rs.700/-
HERO HONDA Super Splender
Rs.25,000/-
24 Months
Rs.1,350/-
Rs.700/-
BAJAJ CD100
Rs.25,000/-
24 Months
Rs.1,350/-
Rs.700/-
TATA 407 Cargo
Rs.1,00,000/-
30 Months
Rs.4,480/-
Rs.1,000/-
ASHOK LEYLAND TARUS
Rs.1,00,000/-
30 Months
Rs.4,480/-
Rs.1,000/-
Garuda Auto
Rs.15,000/-
12 Months
Rs.1,450/-
Rs.500/-