FAQ

Do you finance all makes of cars?

We finance most of the passenger and multi utility vehicles available in the market.

What is the maximum amount of car finance available?

The auto finance amount is based on the vehicle bought and the profile of the customer. Avail funding upto 100%* on ex-showroom value.

Do you finance the cars alone or the accessories as well?

We do not fund any accessory unless it is a standard fitting.

Do you quote on a flat rate basis or on a diminishing balance basis?

We quote on a flat rate basis.

What is the maximum repayment period for an auto loan?

The auto loans from Baid Leasing and Finance Company Limited are available for a maximum period of five years.

How much time do you take to sanction a car loan?

Normally, the approval is accorded in one working day on submission of all the required documents.

Do I need a guarantor for New Car Loans?

No, but if your income does not meet our credit criteria then you may be required to have a Guarantor/co-applicant. To stand surety for your loan.