CreditMantri Finserve Private Limited
4th Floor Sudhama, 36 Vijayaraghava Road,T Nagar, Chennai, Tamil Nadu 600017
Have any queries? Click here for more details
All written queries will be responded within 1 working day.
We'd love to help you through every step along the way.
Is your Credit Score >750?
In the year 1895, Laurin & Klement was launched as a prominent Czech automobile manufacturer. It underwent name change subsequently and is now popularly called Skoda Auto. Skoda introduced high-end cars in India which promises to deliver best-in-class design and engineering. Skoda finance was launched to ensure that Skoda cars are available for a wider set of audience. Skoda Car Finance deals exclusively with Skoda cars. They provide a hassle free, technology driven experience which translates to higher customer satisfaction.
Skoda Car Finance is an exclusive dealer for Skoda cars. They provide the best offers in terms of interest rates and flexibility in payment of EMI (equated monthly instalments). The entire loan application and disbursement process is streamlined in such a way that the customer experiences least amount of inconvenience. Information flow is seamless, the status updates are provided on an automated basis. The key features and benefits of availing car loan from Skoda Car Finance is mentioned below –
Skoda Car Finance provides car loan to all applicants who qualify based on the eligibility criteria.
The applicant for Skoda Car Finance can be either a salaried employee or self-employed person. The eligibility criteria for these two categories are slightly different. The source of income / stability of income is a key criterion for eligibility of car loan. Below table depicts the eligibility criteria for Skoda Car Finance for both the categories –
Eligibility of salaried individuals
Eligibility for self – employed applicants
After establishing the eligibility for Skoda Car Finance, the loan application process can be initiated. The Skoda Finance Car Loan Application Process has been extremely simplified and streamlined. The logistics are designed to ensure that there is seamless flow of documents from one step to another, thereby ensuring that the required approvals / sanctions happen within the stipulated timelines. The steps pertaining to Skoda Finance Car Loan Application Process are as mentioned below –
The logistics and turnaround time involved in the above process is pretty tight. This ensures that the entire loan application and disbursement process is carried out with optimal efficiency.
The documentation for Skoda Car Finance is different for each category of applicant. Here is a list of documents required –
Documentation required for Self-employed applicant
Documentation required for Partnership applicant
Documents required for Limited applicant
All the documents should be self-attested and irrespective of the loan value, 6 months bank statement would be required.
After the documents are duly submitted along with the completed application, the loan approval happens. The submission of loan documents and application can be done physically at any of the Skoda finance outlets or one can upload the documents on their website. By submitting soft copy, the loan gets an e-approval. The original documents will be cross-checked with the soft copies submitted before the loan is sanctioned and disbursed.
On disbursement of the loan, the customer can drive the car home. The copy of the vehicle registration, insurance policy and invoice will be retained with Skoda finance. The EMI will commence from the subsequent month. The car bought will remain as collateral with Skoda finance. There is no requirement for any additional collateral.
Skoda finance extends finance only for Skoda cars marketed and distributed in India. The Czech manufacturer has gained strong foothold in India over the years. The fleet of cars that are available in India include Skoda Octavia, Skoda Superb, Skoda Yeti, Skoda Rapid. These cars are best in design and engineering. The high quantum of loan extended includes the gadgets and accessories, this enables customers not to compromise in terms of look and feel of the driving experience.
Further, being the exclusive dealer, Skoda finance is able to provide attractive offers from time to time to enable customers to not only avail car loans at attractive interest rates but also significant discount on the ex-showroom price of cars.
Owning a Skoda car is no longer a dream for many, all thanks to Skoda finance which has helped reach out to a wider set of audience.
1. Where can I obtain Skoda Car Finance loan application form?
You can either download it from the website or visit the nearest Skoda car dealer for a copy of loan application form
2. How can I check the status of my loan application?
You can call the customer care service which is available 24 / 7 who will be able to provide the status of your application
3. Can the loan statement be accessed online?
Yes, the latest loan statement can be accessed online though unique login ID and password. The physical copy can be availed from Skoda dealer.
Get low interest loans & Lifetime FREE credit cards
Get customized Credit Health Report
Improve your creditworthiness
Audi Car Finance
Cholamandalam Car Finance
Ford Car Finance
Honda Car Finance
LT Car Finance
Mahindra Car Finance
Maruti Car Finance
Renault Car Finance
Shriram Car Finance
Sundaram Car Finance
Tata Car Finance
Toyota Car Finance
Volkswagen Car Finance
CreditMantri will never ask you to make a payment anywhere outside the secure CreditMantri website. DO NOT make payment to any other bank account or wallet or divulge your bank/card details to fraudsters and imposters claiming to be operating on our behalf.