NATIONALLY SPRAWLING IN 67 LOCATIONS

It’s a never ending battle between making a decision of whether to buy a used vehicle & if yes, then where to buy it from.

Shriram Automall India Limited (SAMIL) since its inception in 2011 focuses on providing the Highly Demanding Used Automotive Market, what it always needed i.e. an organized approach. SAMIL with the professional organized approach changed the appearance of the market from inside out.

Company is a 100% subsidiary of India's largest Asset Financing Group i.e. STFC (Shriram Transport Finance Company) which manages assets over USD 10billion. SAMIL is an uncommon company which is best known to transform the loves of lakhs of people.

“SAMIL, started doing what was necessary, and became the country’s most trusted brand!”

Indian auto industry is already one of the largest in the world accounting for 7.1% of country’s gross domestic product (GDP). With the growing population, demand for this sector is growing quite effectively as well.

And while realizing the growth of this growing sector, SAMIL become the ‘boon’ in disguise which provided customers all over India, the prodigious platform to buy and sell pre-owned vehicles & equipment in a well organized manner.

With the fundamental aim serving more people with its professional services, company has become:

“India’s No.1 Trusted Service Provider for Pre-owned Vehicles & Equipment” in a short span of 6 years.

‘Today’s New’ is ‘Tomorrow’s Used’ with this approach Shriram Automall took it first step by constructing a grand multifunctional first Automall in Chennai, and while doing so company created a whole staircase that goes in every nook & corner of the country, where SAMIL very efficiently unfurled other 67 Automalls, while serving all type of needs of pre-owned vehicles & equipment in every area of the country. 

In order to keep up with the prolong demand of huge Automotive sector, many players showed their keen interest and started investing in the sector. But SAMIL turned out to be the only investor who provided a unique dimension to the sector, by providing diversified platforms for acquiring and disposing pre-owned CV’s.

The company provided its customers with the holistic approach where every new vehicle sold becomes the base of used vehicle industry which customers can make a use of for expansion of their business through efficient measures.

In the market full of highly occupied conservative and unreliable trade practices, company successfully created a name for itself through completely transparent trade practices.

SAMIL is the only company in India, which provides service like “Physical Bidding” where pre-owned vehicles and equipment walk on the ramp for live bidding & interested buyer after registration bids on their desired used vehicle. In their vast Automalls, through devoted services company also provide multiple allied services to boost customer experience.

With tremendous success in such a short span of time, the company feels proud to look at its journey for which they have won many accolades along the way. Company has also been honored, by the recognition as the “The Largest Platform for Acquisition & Disposal of Pre-owned Vehicles & Equipment” & “Highest Number Of Online & Physical Bidding Events in a Single Day”  in Limca Book of Records in FY 2015-16

Company is committed to total customer satisfaction and continual improvement in performance by providing complete transparency in every transaction thereby building trust, reliability and value for its customers, with its Amazing Administration, Company always stood alongside its valuable customers & market while following its core values.

Great people know that when spider webs unite they can tie up a LION.

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Indian Automotive Industry

Indian automobile industry is one of the largest industries, in the whole world with 23.96 million vehicles in FY 2015-16, as an annual production.

With the increasing population, young driver rate is increasing as well. As a result both middle class & young population has made Two-wheeler sector leader of India Automobile Industry, with 81% market share.

The sector has witnessed a number of investors, investing heavily to cope up with the growing demand. According to the data released by Department of Industrial Policy and Promotion (DIPP), industry has attracted foreign direct investment (FDI) worth US$13.48 billion in “April 2000 to June 2015”.

Government on its part is taking all the necessary initiatives to boost the growing demand even more by encouraging foreign investment in the automobile sector and thereby allowing 100% FDI under the automatic route.

Government also focuses on making automobile manufacturing the main driver of "Make in India" initiative, while expecting the passenger vehicle (PV) market to triple to 9.4 million units by 2026, boosting the sales in the tractors segment. Government provided Union budget of over 850,000 crore (US$127.5 billion) in 2015-16 to farmers. Govt. will also promote eco- friendly vehicles i.e. CNG-based vehicles, hybrid vehicles, and electric vehicles in the country for minimal air pollution. 5 per cent ethanol blending in petrol will be mandatory.

India Automobile, register marginal growth of 3.07% year to year with production of over 14.25 million vehicles including private vehicles (PVs), commercial vehicles (CVs), three wheelers and two wheelers.

In 2000 to tune in with the initiative to reduce vehicular pollution, government itself unveiled the standards titled "India 2000" which was later upgraded to be known as Bharat stages. These standards are quite similar to the European standards, and are implemented in an effectively efficient manner with latest upgrade. At first initiative was mannerly phased, in 13 cities & later in rest of the Nation.

13 cities where Bharat Stage IV was first imposed are as follows: Delhi (NCR), Mumbai, Kolkata, Chennai, Bangalore, Hyderabad, Ahmedabad, Pune, Surat, Kanpur,  Lucknow, Solapur, and Agra.

Indian government is taking all the measures to both boost the Indian Automobile Industry & to cope up with growing demand.

With huge market place, SAMIL itself is playing its part to keep up with pace of the automobile segment.

Through innovatively well structured bidding platforms, SHRIRAM AUTOMALL has introduced Indian Automobile market with an easy & organized approach of acquiring and disposing used vehicles & equipments. SAMIL plays a crucial role in Indian National Development, as it makes it easy for both rural and urban areas to acquire & dispose used vehicle through any of their 67 Automalls unfurled in every corner of the country.

Company helps serve the demand of the used vehicle in the market in an organized & transparent manner. If you as well is looking forward, to dispose or acquire a used vehicle or equipment SAMIL is the best choice to make. You can both visit your nearby Automall, or register yourself by clicking the link below. http://bit.ly/2kqM0Ro

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Don’t hesitate, just ACCELERATE!

Two-wheeler segment is leading the Indian auto industry with increasing number of young owners.

Today’s self efficient generation wants to drive the world on their own and having their own transport seems to give them ticket to their choice of life. As a beginner, young generation craves to be the owner of their own two-wheeler in a smart way i.e. they look forward to start their journey with a used vehicle rather than buying a new one.

Being the easiest way of transportation, demand of used two-wheelers has been witnessing a speedy growth. With such a vast demand, many players entered the market with an unorganized approach in dealing used two-wheelers.

But, SAMIL being the no.1 service provider to acquire and dispose pre-owned vehicles and equipment has become the first choice of customers all over India.

Company provides market an innovative approach while making their experience of both buying and selling easy.

Customers here are free to inspect the vast inventory stuffed with latest & exclusive range of pre-owned two wheelers. Company has made their Automalls OneStop solution to customers all over India by establishing 65 of them in every nook and corner of the country serving thousands of people.

From many established dealers SAMIL still came on the top through their other allied services and transparent idealistic bidding platforms which makes process of buying and selling used vehicles accessible for customers at their convenience.

By providing complete transparency and wide range of used two wheelers company has turned many youngsters in its direction. As it provides the used vehicle with complete documents and refurbishment facilities and also provides the ‘valuation’ facility for the customers looking forward to learn true worth of their vehicle on road while selling it so that they don’t face the loss.

So, if you are looking forward to start you journey or change your journey by acquiring a used two-wheeler or disposing it, SAMIL is the best choice to make all you have to do is click the given link and you are all set to go.

Link: http://bit.ly/2kqM0Ro

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TYING UP WITH THE BEST TO OFFER THE BEST

Great people know that when spider webs unite they can tie up a LION. Just like when Shriram Automall unite they tie up the best inventory of used vehicles and equipment with finest services to offer their customers. As they believe in creating services for the customers than creating customers for their services. They look forward to help their customers with all their great services way before closing deals with them.

SHRIRAM AUTOMALL a subsidiary of STFC (SHRIRAM TRANSPORTATION FINANCE COMPANY) which came into existence in year 2011 and I could not help but notice that this extraordinary company is growing with a remarkable speed gaining both trust and visual presence  in the market.

As a part of their endeavor to reach out to all the customers throughout the country, they not only opened 65 Automalls and 150+ bidding locations around the country but also tied knots with leading financial institutions like Bank of India ( January 13,2016) , Religare Finvest Limited ( August 10,2016 ) , Manappuram Finance Limited ( June 9,2016 ) and many more which manifests the expansion of the company in span of just 5 years.

Sameer Malhotra (CEO) talked about his fundamental aim which to be a resource to his target audience. And by commencing association with these financial institutions company has paved its way to be no.1 choice of customers looking for pre-owned vehicles and equipment.

SAMIL strongly believe in building relationships through multi tasking services and platforms which makes the company an accomplished asset to the market of pre-owned vehicles and equipment. As these tie ups are nothing but a proof that it is indeed on the right path of making its presence all over the country while playing its part towards national development as well.

Company was already a big hit for being the no.1 service provider for buying and disposing used vehicles and equipment offering negotiated deals with complete transparency through diversified bidding platforms and tie ups with well known financial institutions has helped SAMIL to grow even further.

So, Visit Shriram Automall today if you need to buy a used car/bike/commercial vehicle etc. of your choice at the most optimal price or you can click the link below to go through the used vehicles and equipments in our inventory. http://bit.ly/2kqM0Ro

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COMMERCIALLY ENGAGED TRANSPORTATION

Life is just like a bumpy road and Shriram Automall makes driving on those bumpy roads worth it with their wide range of used commercial vehicles. As we know that Indian commercial vehicle market has transmuted itself from being the supply-driven segment to the demand-driven segment.

Commercial vehicle is a motorized vehicle used to transport goods or paid passengers. And SAMIL is the most trusted service provider of pre-owned commercial vehicles focusing on making dream of transporters in India true by providing them a feasible platform.

Commercial vehicle segment has always been the pivotal segment for both the country and its economy. And with the growing demand, Shriram Automalls team has stepped in the market to cope up with the demand providing pre-owned CV’s with both quality and quantity through their advance services like Physical Bidding, Online Bidding, OneStop, Private Treaty and that too in reasonable affordable prices giving you the unforgettable experience of all time.

The company came into existence in 2011 and since then they were able to complete over 2 lakh commercial vehicle transactions. With such remarkable performance results SAMIL has become the first choice for both disposing and acquiring pre-owned vehicles.

Customers look forward to SAMIL as a trustworthy brand as they focus on finding and supplying the pre-owned vehicles according to customer demand. As they are able to sell the problem nobody else is able to solve making them accountable for all the commercial vehicle demand in the country.

They not only offer the wide range of commercial vehicles through their various bidding platforms but also offers easy finance option making buying easy for you while giving you the most transparent dealing experience of all time.

Both young and established transporters who are involved in exchange of pre-owned commercial vehicles always prefer SAMIL because they offer the inventory which is hard to match up to as they provide quality, brand and services all at one place.

So, if u r looking forward to dispose or buy used commercial vehicles Shriram Automall offers you a good way to go. All you have to do is  submit your Query here.

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PRIVATE TREATY – LET’S BRIDGE THE GAP

Looking forward to bridge the gap and make a deal directly with a person while buying or selling the pre-owned vehicles and equipments. You can stop looking, as if you are reading this you are looking right where you need to look to attain the most informative, transparent, user friendly experience you 

desire.

I am Anuj Kohli (32), two years back with increasing demand of crops, I was looking forward to diversify my business in lending harvesters and tractors on rent to land owners. But I was all confused and not so sure about the pre-owned vehicles and equipments in the market. I was not even sure about the sum of money I needed to invest for the same.

That’s the time when a friend suggested me about SAMIL’s vast inventories. And nothing makes me feel better than remembering the day I stepped in SHRIRAM AUTOMALLS because that’s when their team changed my life.

I was amazed to see the vast collection of vehicles and equipments they had to offer and from then till now whenever I visit the Automall, their inventory seems stuffed with all the latest used vehicles & equipments people like me need to grow their business. Their vast range of quality vehicles that too at affordable prices is what makes it my last stop for both disposing and buying pre-owned vehicles.

They even let me know about the genuine worth of the pre-owned vehicles I plan to dispose in the market. With such kind of facilities SAMIL always find an edge to be the no.1 platform in the market as their team works in a result oriented culture and their supply and quality of pre-owned vehicles and equipment match the need of customers.

With so many services to choose according to our convenience striking a deal through Private Treaty suited me best as with this service not only I was able to meet the person whose disposed pre-owned vehicle I was buying but I was also able to strike a deal with him in person as SAMIL’s Private Treaty bridges the gap between the buyer and the seller providing complete transparency in the easiest and simplest ways possible while minimizing our troubles and doubts. Once a suitable quote is approved they even helped me with the financial services they had to offer helping me with bulk buying.

I found myself satisfied and contented even when I was on the other side of the deal i.e. when I disposed my pre-owned vehicles by striking a deal with the buyer directly through Private Treaty getting the best price that too through a quite easily accessible process.

As Sameer Malhotra ( Director & CEO, Shriram Automall) quoted that his success is nothing but the direct reflection of a good team and their hard work, as good things in business are never done alone but with the team of people.

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NEW AGE MACHINE WITH TOUCH SCREEN INTERFACE

SAMIL’s one stop classified kiosks work as the directory for the interested clients as it provides them with the detailed information about the equipments and vehicles available for disposal.

Being a highly interactive medium of displaying vehicles and equipments as a OneStop inventory it makes customer experience user friendly.

I am Rohit Vij (38), my business is to deal with people who are looking forward to rent trucks and buses for transporting goods, tour and travel purposes. SAMIL made my business easy and vast by giving me the access to OneStop inventory where I was able to go through the list of used vehicles available.  With increasing demand of vehicles in market SAMIL helped me satisfy my customers. As SAMIL employees made buying and selling of pre-owned vehicles easy and that too in desirable affordable prices providing the complete transparency between the buyer and the seller while closing the deal.

SHRIRAM AUTOMALL is now my first choice for both disposing my trucks, buses and for buying the new pre-owned ones. As whenever I have a requirement they always come up with customized solutions that are very hard to say no to. And as a regular customer I am happy to state that quality of vehicle they provide is commendable.

Above all this installation of kiosks in Shriram branches and Automalls provides real-time information on vehicles available across the country in a great detailed manner. Looking at the big picture I can say that SAMIL always move one step ahead to make their customer’s experience both informative and easy, installation of new age machine with touch screen interface is quite a good representation of that.

Installation of these KIOSKS in such large number made it easy for everyone to go through the inventory that too in highly interactive manner. All I had to do is look into the inventory list then register for the required vehicle I was looking for. After registration they generated a User ID & Password while giving me the access to go through the vehicle in further more detail. After inspection I got in contact with Automall manager who assisted me with further steps in making the desired vehicle mine.

I experience both amazing and user friendly environment whenever I deal with SHRIRAM AUTOMALL team.

As Sameer Malhotra (Director & CEO, Shriram Automall) states “our strength is in their team which keep their integrity and work ethics intact for better results.”

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ONLINE BIDDING - A CATALYST

Need to exchange or dispose pre-owned vehicles & equipments?

SHRIRAM AUTOMALL is the place to look forward to.

The company provides great platforms through their different bidding strategies one of which is Online Bidding commencing to make bidding easily accessible for its customers.

Online Bidding turned up to be a responsible catalyst especially for people who find it difficult to be personally available at the Automall for large scale physical bidding events organized by Shriram Automall.

Being a regular customer I am glad to state that their understated presence at the right time with the right schemes propagated me along with them. I am Sameer Kumar (28) a farmer (as my father left me a ‘profession’ as a family legacy) from a village in Bihar. I found myself engaged in ‘farming’ since I was 8 with my father , my life was all caught up in its own regime until I came in contact with SAMIL. I financed a tractor from SAMIL 4 years ago and now I am the owner of a big farm field and a lot ofequipments.

The result oriented SAMIL employee introduced me to the diversified online strategies company offers making me pay my dues easily without stepping out of my home while introducing me to the Online Bidding not only of vehicles but also of latest agricultural equipments paving the way for me to be the owner of all the latest equipments and vehicles I needed making cultivation, irrigation easy and less time consuming that too at affordable prices.

SAMIL’s Online Bidding has been a life transforming experience for me as with all the advance new ways of business they introduced me to helped me evolve my livelihood both personally and professionally. Not just me it has turned lives of many people like me, upside down with just one touch. All the interested buyer has to do is show their interest in the equipment or the vehicle and bid the price for it. SAMIL providing the complete transparency among the buyer and the seller while negotiating the price closes the deal leading to timely delivery.

See Also : Steps For Bidding Online At ShriramAutomall

All the efforts and actions SAMIL’s employees make are directed to help their customers live the dream they desire for themselves and I can feel that whenever I deal with SAMIL. As I saw nothing but the complete attainment of what I always wanted when SAMIL employees considered my dream as their own.

 As Sameer Malhotra (Director & CEO, Shriram Automall) says coming together is the beginning, staying together leads to progress, and working together helps attain success while motivating each other to go far.

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BUDGET 2017 – HERE IS WHAT THE AUTOMOBILE INDUSTRY IS EXPECTING

2016 was a rough year for the automobile industry; it has gone through a roller coaster ride with some government decisions like diesel ban, GST and demonetization hampering the overall industry growth projected for FY 2016-17. Auto industry contributes 7.1% to the country’s GDP and has been on an evolving note. It is the only industry that took the PM Modi’s Make in India project on its head and contributed the best.

 The industry is currently recouping and hence a lot of friendly announcements are expected in the Budget 2017 to further boost growth.

Relaxation on excise duty - The industry is expecting lowered as well as uniform excise duty structure. This will essentially reduce vehicle cost and boost sales.

Faster implementation of GST - The Industry will be expecting the implementation of GST, proposed to come into effect from July 1, 2017, without further delay.

Clarification on vehicle scrappage policy - The industry will be keeping its ear to the ground for announcements on incentives, timeline and fleet modernisation under the scrappage program.

More incentives for hybrid and electric vehicles – Along with the FAME India scheme, the industry still expects lower taxes and benefits for the segment to grow in the country.

Reduction in interest rates - Indian automobile industry will be expecting government to reduce interest rates on auto loans for passenger as well as commercial vehicles.

You May Also Read : GST IMPACT ON USED VEHICLE & EQUIPMENT INDUSTRY

All of us are hoping for a favorable budget this year as last year despite all positive scenarios the industry felt short of its projection. This year if all of these announcements are made than there will be no stopping as the industry alone contributes a lot in terms of revenue, employment, Foreign Direct Investment. As the new and old vehicle market go hand in hand, we expect tremendous boost in the demand of pre-owned market altogether. Sameer Malhotra, CEO SAMIL

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INDIAN TRACTOR INDUSTRY ALL SET TO BE BACK ON TRACK

Tractors Industry which was witnessing steady single digit growth for the past three years are all set to post a double digit growth this fiscal even in this scenario of demonetization which has hit the country adversely.

As per several tractor manufacturers, tractor sales is likely to grow by 18-19% to 5.8-5.85 lakh units by the end of this fiscal. If this comes true, it will be the second highest sales volume recorded in the domestic tractor market in a year after sales surged 20% to a record high of 6,34,151 units in 2013-14. Between April and October 2016, tractor sales accelerated 25% over that in the previous year. After falling 14% in November, sales picked up in December to grow 7% over that a year ago.

At the same time the pre-ownedtractor segment is also showing a decent growth in the past one year, organized players like Shriram Automall India Limited are receiving good demand for used tractors thanks to the favorable outcomes this year in terms of decent monsoon and sowing of rabi crops.

Industry pundits are expecting a good demand in the year to come as the new budget for FY 2017-18 is all set to boost the spending capacity of all individuals across the country and with the implementation of GST can make tractors cheaper and easy to afford.

‘The ongoing year has already created a favorable market scenario for the farm equipment segment and in the next FY we are expecting to have a positive increase in the demand for used tractors are the government is all set to focus more on the agricultural sector. Also people often opt to buy a pre-owned tractor through finance and put their hard earned money in avoiding crop failure.’ Said Sameer Malhotra, CEO SAMIL

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HERE IS WHAT OUR CUSTOMERS SAY ABOUT SHRIRAM AUTOMALL

Shriram Automall being India’s most trusted service provider for exchange of used vehicles & equipment generally attracts a number of customers at all its bidding events across the country. The company have over 6,00,000+ unique bidders who like to visit the Automall for all their vehicle & equipment need.

‘Every time I come to shriram Automall it feels like they have increased their inventory of used cars by hundreds, I always find the best of car at the price of my choice. I feel like a big part of this family.’ Suresh Reddy – Customer Nagpur Automall

‘It was a new experience for me all together, I came here to just to inspect the available bikes but with such a vast inventory I thought I would be foolish to go empty handed as the price of something I just could not ignore. I finally bought a Bajaj pulsar.’ 

Vikas Mitra – Customer Manesar Automall

Being a transporter I visit Shriram Automall on a regular basis. I use their professional service to the fullest as I dispose my used trucks here and at the same time get the finance facility on the trucks that I buy again. It’s totally OneStop solution for everyone’s need. I recommend SAMIL whenever someone asks me about a place for buying used vehicles.

Nishant Gupta – Customer Panvel Automall

Like them Shriram Automall has furnished the requirements of more then 3, 50,000 customers who now only trust SAMIL for their used vehicle needs. Its transparent & organized process has been accepted very well in the country and with Automall near their reach it has truly transformed the pre-owned vehicle market.

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HERE IS YOUR SECOND CHANCE TO BUY CLAAS HARVESTERS IN SALEM

Shriram Automall India Limited (SAMIL) India’s Most Trusted Platform for Buying & selling of Used Vehicles & Equipment in association with CLAAS Agricultural Machinery Pvt. Ltd will be conducting second bidding event in a raw at their Salem Automall. The event will be a one of a kind bidding event where unused inventory of CLAAS CROP TIGER 30 Terra Trac Machines will be disposed at a never seen before price.

The event will feature disposal of 10+ used harvesters through SAMIL’s most transparent & organized physical bidding platform. Customers from Salem & nearby locations can take benefit and participate in this exclusive event which features world class harvesters that can multiply the harvesting efficiency for your farm. 

Salient features of the harvester includes:-

1. Powerful 62 HP TATA Engine with High Backup Torque
2. Optimum Size Cutter Bar of 7ft for Small Paddy Field
3. Top Unloading System for Quick & Clean Grain Unloading
4. Multi Crops Harvesting Using CLAAS Tangential Axial Flow (TAF) Technology 
5. Lifted Chassis (+150 mm) for Easy Movement | 1200 Liter Grain Tank

Bidding event will be conducted at Shriram Automall Salem: Shriram Automall Salem, Puthur Itteri Road, Nethimedu, Salem, TamilNadu which is expected to receive a mass footfall as a result of extensive marketing & promotion activities conducted by the company.

Since its launch in India the machine has revolutionized mechanized rice harvesting, this compact and light combine harvester equipped with reliable rubber tracks is ideal for rice paddies. As well as making harvesting quick and easy, the CROP TIGER 30 TERRA TRAC delivers excellent grain quality and negligible losses.

Customers are free to inspect the machines two days before the event at the above mentioned address to make their choice. The event will began at 10:00 am and customers can participate in it by paying a Refundable Security Deposit (RSD) amount of Rs. 20,000 through a Demand Draft.

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ON ROAD EMISSION TESTING NOW BEGIN AUTOMOTIVE RESEARCH ASSOCIATION OF INDIA STARTS VEHICLE TESTING

Ref - http://www.indiaenvironmentportal.org.in/

Vehicular pollution has always been one of the major concerns of Indian Government & to combat that various state government has introduced a number of initiatives, most popular being the ‘Odd & Even Scheme by Delhi Government. Later the government informed the automobile industry that it needs to upgrade their vehicles to BH VI compliant engines by the year 2020.

With its aim to contribute its part the Automotive Research Association of India starts on road emission testing in Pune to collate data about tail-pipe emissions. Currently only lab based testing is compulsory in India however the on-road testing will be compulsory in India too by 2023, three years after the implementation of Bharat Stage-VI regime on April 1, 2020.

Experts consider the on-road testing to be a way more efficient model to measure emissions. “If you carefully study emissions notification under BS-VI, it prescribes the closeness with which real emissions happen with respect to the standard lab condition. We will start collecting data (for BS-IV compliant vehicles) on some sections of expressways, national and state highways, cities and village 

roads. This will be done in a mix and match manner,” Rashmi Urdhwareshe, director, ARAI, said.

Mr. Sameer Malhotra, CEO Shriram Automall said ‘Vehicular pollution in my view does not contribute a large extent but what’s important is when the industry moves to BS VI engines they will contribute much less then what the number is now. Collecting data for BX IV vehicles & then comparing it will BS VI compliant vehicle will help the agency to find what I think will be called a stark difference. I am optimistic about the years to come that India will rise high and contribute less pollution in every possible way’

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BUYING A USED CAR – GET THE INSURANCE POLICY TRANSFERRED ON YOUR NAME

Ref - http://msdx.org/

Buying a vehicle is getting easy day by day and with coming of organized platform dedicated to this industry people are putting good amount of trust and are inclined towards buying a used car of their preference. Today we bring you a major point that people forgets to do while transferring the name of vehicle owner.

Congratulations! You bought a used car of your choice, the first thing that you are expected to do now is to get the owner name transferred and be a legal owner as well. But wait! If you bought a car that already has a valid insurance policy running it’s important to also get the policy transferred as well to seek reimbursement in case of repairing accidental damages.

On January 10, consumer court bench dismissed a complaint by Pimple Gurav resident Vasant Gaikwad, who alleged deficiency in service on the part of Bajaj Allianz General Insurance Company for rejecting his claim of Rs 1.43 lakh against repairs of his car on “flimsy grounds”. Court ruled out his plea to claim the reimbursement amount irrespective of the fact that the policy was in the name of its previous owner.

The court relied on a 2014 ruling by the National Consumer Disputes Redressal Commission in a case of Section 157 of the MV Act not complied with. “The complainant has failed to transfer the insurance policy in his name. Hence, he cannot take the benefit of insurance policy which was obtained by the previous owner.

See Also - Tips To Avoid Traps While Purchasing A used Car

Shriram Automall India Most Trusted Platform for Buying & Selling of used vehicles & equipment makes sure to educate its customer on such instances as we believe that the customer should be protected against all odds be it in terms of insurance or for choosing a transparent platform for buying used vehicles in India.

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Tips to check Used Truck

Here are some useful tips to check the used truck before buying it. Have a look to make a sound buying decision.

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SHRIRAM AUTOMALL AND THE YEAR 2016

The year 2016 has been regarded as the year in which the automobile industry saw the most growth across all segments. Both the new and used automobile industries are on a growth trajectory with impressive spikes in sales, production, and exports over the last two years. With an average production of around 24 million vehicles annually and employer of over 29 million people (direct and indirect employment), the automotive sector in India is one of the largest in the world. India is the largest three-wheeler and tractor manufacturer, 2nd largest two-wheeler manufacturer, 2nd largest bus manufacturer, 5th largest heavy truck manufacturer, 6th largest car manufacturer and 8th largest commercial vehicle manufacturer.

2016 has also been a great year for Shriram Automall India Limited as the company was successful in expanding its road to even the remotest corner of the country. The company inaugurated 7 new well structured Automall across the country which is now attracting more than 500,000 customers throughout.

SAMIL was successful in collaborating with more than 10 leading Banks, NBFCs & OEMs this year with the aim to source the best inventory for its customers and in return get the revenue out of the unused assets of these entities.

In order to reach more customers the company launched various technologies like:

Mobile Bidding Application – The application helps you to bid on your desired vehicle in the comfort of your home, pay the RSD amount through various payment options & even contact nearest Automall.

Desktop Live Physical Bidding - all new features to help customers participate in physical bidding events anywhere from their desktop. Bid on your desired vehicle & equipment easily

2015 was the year when we begin to get rewarded for your unique platforms & other services but it’s the year 2016 that won a number of accolades from industries leading bodies like:

Limca Book of Records - for conducting highest number of Online & Physical Bidding Events FY2014-15

Indian Brand Convention - Most Promising Brand & Best Online Market Place in Pre-owned Automobile Industry"

Disruptive Tech & Innovation Awards 2016 - Best Disruptive Innovation of the Year – Automotive

The CRISIL rating of AA+ has also been reaffirmed by the body which boosts the confidence of its customer in the brand.

On the verge of 2017, the company aims to reach more and more customers by opening Automall at untouched locations. Getting equipped with latest technology, support the dream of our Hon. Prime Minister of being a cashless economy and more.

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Steps on how to inspect a used bike

Buying a used bike? Consider these steps to be prepared and buy the best of available options.

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ONESTOP KIOSK - STOP YOUR USED VEHICLE SEARCH HERE

Have you ever come across an ATM like machine when you visited your nearest Shriram Automall? If not then today we provide you with enough reasons why the KIOSK is your ultimate solution for identifying the vehicle you like and even posting you requirement easily. It is the OneStop destination for all your used vehicles & equipment requirements.

  

Here is why you should stop at the OneStop KIOSK.

·         A SINGLE PLATFORM WITH HUGE INVENTORY

This single machine carries detailed information & pictures of over 4,000 pre-owned vehicles and equipment from across India. So, whatever may be your demand, we have a supply in return for it at the OneStop Classified Kiosk.  

·         Easy & Innovative Interface

Simple, Easy & Quick is how we regard the KIOSK as. Getting acquainted is not a problem at all, it houses a simple & interactive interface that it takes no time to learn and & once you are done you’ll definitely enjoy using it. Because, the search of your dream vehicle becomes quick and easy here!

·         Nominal Registration Fees   

Registration as a customer through the OneStop KIOSK is simple & quick. You just need to fill the basic details like name, contact, address & your KYC document details along with a nominal fee of Rs. 100 to make your search interesting.

·         End-to-End Personal Assistance

Once you get registered, you get complete personal assistance in your search by a local representative at the Automall. If you face any issue or problem during your search, feel free to contact the SAMILIAN, you can find him wearing a yellow T-shirt for your assistance

So, next time when you visit a Shriram Automall, don’t forget to check out One Stop Classified Kiosk - Making Search Easy!

“OneStop KIOSK at Shriram Automall is a platform that has gained huge popularity mainly due to a significant inventory and the ease of its use. People look forward to use these KIOSKS at the Automall or Shriram branches to satisfy their demand” – Mr. Sameer Malhotra (CEO of SAMIL)

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