Get Equipment loan Through us - Contact us on +91-9000003004

Kurakula's Auto Marketing Pvt Ltd.


Features

• Can be used to finance most equipment that generates income• Loan can be structured with or without balloons and with payments

in advance or arrears• Interest rate and repayments fixed for loan term


Benefits • No deposit generally required• Repayments may be tailored to suit your cash flow• No GST on the loan or repayments• You retain ownership throughout the loan term• Interest component of repayments and depreciation on the

equipment may be tax deductible if the equipment is used to generate assessable income


Customer Profile

• The eligibility for availing Commercial Vehicle & Construction Equipment loan is different depending upon the customer profile.

Kurakula's Auto Marketing Pvt Ltd

Eligibility

• Experience-Ranging from 3 years to 5 years depending upon customer profile

• Min 1 year repayment Track of Commercial Vehicle & Construction Equipment loan OR any other loan-up to 50% of fresh Loan request depending upon the customer category (Captive-Non Captive)

• Last 2 years Audited Financial –Compulsory in case of Pvt/Ltd Co., Partnership Firms, Trust and Society

• Ownership of min 2 vehicles/ assets from at least 1 year.


Documentation• Age proof• ID proof• Application form• Photograph• Residence proof• Income proof• Current Repayment track• Work In Hand/Contract Copies.• Signature verification proof• Existing Vehicle Ownership proof• Performa invoice


FAQ’s

Q. What are the security / collateral to be offered from my end?A. The vehicle/Asset is hypothecated to we and lien is marked in favor

of we on the Registration Certificate, Final Invoice and Insurance Policy.

Q. What is the rate of interest?A. The lending rates vary on the basis of discounts which are offered

by manufacturers and dealers. Our Bank has a tie-up with all leading manufacturers and authorized dealers. Our sales team would help you negotiate the best rate on your loan.


FAQ’S

Q. Which are the Vehicles/Assets financed by Us? A . we finances most of the Commercial Vehicles and Construction

equipment’s which are available in India.Q. Can I Sell the Vehicle/Asset before I repay the loan?A. No, you cannot sell the Vehicle/Asset unless your loan account has

zero outstanding. A NOC is required from the bank before you can sell the Vehicle/Asset


Contact Us

Kurakula's Auto Marketing Pvt Ltd, Contact Us : 9000003004, 9966960847Mail us on : srinilaya @kurakulas.in


Thank You