We are Portfolio Management service providers for NBFCs and Financial Institutions who are engaged in financing auto loans.
Major part of the work we do includes:
a. Sourcing of customer,
b. Field investigation,
c. Credit assessment,
d. Collection of pre and post disbursal papers,
e. Collection of EMI and other dues,
f. Bookkeeping,
g. Repossession,
h. Sale of repossessed automobiles
You can get a loan for all-
• 2 Wheelers
• 3 Wheelers
• 4 Wheelers
We provide loans for new and pre-used vehicles.
NO. We provide Portfolio Management service for NBFCs and Financial Institutions who are engaged in financing of auto loans.
You are required to submit the following documents for the amount to be credited:
a. Identity and Address Proof
i. Aadhar Card,
ii. Pan Card,
iii. Voter id,
iv. Driving licence
v. Ration card
vi. Passport Size Photo
b. Address Proof
i. Electricity bills
ii. Phone Bill
iii. Municipality Tax
iv. Water Tax
These documents are to be of Applicant, Co Applicant (if any) and Guarantor (Mandatory).
We are proud to be associated with-
a. Bajaj Finance Limited
b. Muthoot money Ltd
c. Bike Bazar Finance
d. Shriram Transport Finance Company Limited
e. Khusbhu Auto Finance Ltd
f. Vardhmana Mahila Co-operative Urban Bank Ltd.
g. Hero Fincorp Ltd.
You can reach out to us through:
a. Website – https://padmasai.in/
b. Dealer or Sub Dealer Showroom
c. Corporate Address – Padma Sai Finance Pvt Ltd – H. No. 5-4-156, Flat No. 1401, T-19 Towers, MG Road, Ranigunj, Secunderabad – 500003, Mob No. 8008600111, Email Id support@padmasai.in
d. Social Media Pages – facebook, Twitter and Linkedin
Yes, a Guarantor is required before we start processing the loan. The same KYC and age criteria apply to the guarantor as they do to the customer (loan applicant).
Our NBFCs offer loans at very competitive interest rates. The charges or processing fee depends upon the product on which the loan is being processed or availed.
We offer the best and most flexible repayment options. The customer can choose the duration as per their choice.
Two, Three & Four Wheelers
ECS (NACH) – 12 Months to 36 Months
NON ECS (Cash Payments) – 12 Months to 30 Months
The Maximum loan amount that you can avail depends upon the Market Value of the product you want to buy.
It is considered unethical to sell the vehicle before the repayment of the loan. If you do, you will have to go through a legal procedure for the repayment of loan.
We understand that you may miss to make the EMI payments timely sometimes. It will not hinder your loan, but you may have to pay additional interest, your CIBIL score will be negatively affected. In few scenarios we might repossess your vehicle as per agreed terms and conditions.
If the CIBIL, Field Investigation comes Negative or any other mandate documents are not provided with the respective product, your loan application is at the risk of being rejected.
Yes, the interest rates are negotiable. They can be negotiated based on Profile & funding.
Today, time is money, and we appreciate our customers’ time. We operate with extreme precision to disburse loans within a two-hour interval.
Our NBFCs does not allow partial pre-closure. When you decide to pre-close the loan, you must clear principal amount, interest balance, and any nominal fees that is applicable.
Yes, you can surrender the vehicle to the company. If the realisable value is less than the receivable amount, you must compensate the loss. Company might have to initiate legal process to recover the loss. The same information will be updated to the CIBIL through our NBFCs.
Make sure for timely making of payments on or before the due date. The same information shall be provided to the NBFCs and will be updated in the CIBIL. Regular payments of dues will help you in improving your CIBIL score.
