Rates & Fees :

• Our rates are one of the most competitive in the market.
• The interest rates are fixed for the tenure of the contract and are calculated on a reducing basis.
  
  
  

  Description of Charges	Commercial Vehicle Loans
  Loan Processing Charges / Renewal Charges	1% of loan amount or Rs. 2,000/- whichever is higher
  Prepayment Charges	4% on the principal outstanding
  Solvency Certificate	N.A.
  Charges for late payment (loans)	2% per month
  Charges for changing from fixed to floating rates of interest	N.A.
  Charges for changing from floating to fixed rates of interest	N.A.
  Cheque Swap Charges	Rs. 500/-
  Document Retrieval Charges	N.A.
  Cheque bounce charges	Rs. 200/-

* - Upto 5% for select categories

• In general repayment period is of 3 -4 years, however depending on the nature of the deal the tenure can vary from 6 - 60 months.
• Normally the repayment is done via PDC's.
• Cheque bouncing charges would be as applicable.
• The repayment schedule & the amortization schedule would be sent on disbursement of the loan.
• Foreclosure of the loan is allowed at a charge of 4 % on the principal outstanding.
• In the event of an accident, our local representative needs to be informed of the same.

Please click here if you wish to apply online for Commercial Vehicle Loans and we will send our representative to visit you.

OR

Please contact our representative near your residence / office and he will help you fill in the application form.

There is no need for you to visit our office. All formalities will be completed at your doorstep itself.

Once all the details are in our possession, the loan can be sanctioned within 24 hours.

As a policy we do not disclose the reasons for rejection.

The asset will be hypothecated to Alphazee. Till the loan is repaid, Alphazee retains the right to reposess the asset in case a customer does not repay the loan. However, you are still the owner of it and the invoice will be in your name. All the original papers will be kept in your possession and photocopies with Alphazee.

Contact Us :

Wish To Contact Us?

You can email us at customercare@alphazee.net & alphaze@gmail.com

You can Call us at Telefax 044 2454 3000/1, 2445 5551/2

You can Visit Us at :

Alphazee Automobiles Pvt. Ltd.
Alphazee,
# 1 & 2, (old 4/575), Rajiv Salai, (OMR),
(Opposite to YMCA HOSTEL)
Kottivakkam, Chennai - 600 041.
Telefax: 044 - 2454 3000/1, 2445 5551/2, Mobile: 98400 67809
E-mail: alphaze@gmail.com