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LeasePlan Car Insurance Management

This is to inform you that we have moved the entire Insurance Management Process inhouse and will be directly coordinating with insurance companies - Future Generali, Bajaj Allianz and Tata AIG as our Insurance Partners. This new model will help us extend better service to you. Please note, we are no longer working with SMC Insurance Brokers Pvt Ltd. 


While all new insurance policies and renewals will be managed by our new Insurance Partners, we assure you that the existing insurance policies will remain valid and continue to be served by us without any interruption till their expiry.  For any support or clarifications, please call us at 1860 500 5050 or email us at


Call us on 1860 500 5050 / 1860 419 5050

Contact us on our helpline numbers for a quick, hassle-free resolution and support.

Click here to download Response Times through the car lease cycle - from quotation to delivery, services to end of lease and re-order.


Contact Details

SalaryPlan Quote Support
Monday - Friday | 9:00am - 5:30pm

 - How to order your SalaryPlan car
 - Quote making queries

1860 500 5050
1860 419 5050
IVR option 2

LeasePlan Customer Support
Monday - Saturday | 8:00am - 8:00pm

 - Status of your ordered car
 - Service and delivery queries
 - End of lease queries
 - Insurance claims assistance

1860 500 5050
1860 419 5050
IVR option 1

Insurance Team

Monday - Friday | 9:00am - 5:30pm

 - Insurance related queries

1860 500 5050
1860 419 5050

LeasePlan Empanelled Dealerships

Please note, going forward LeasePlan will be procuring cars only from its empanelled dealer network. This is to ensure that we can extend better discounts, faster deliveries and superior service experience to you.


To check the list of empaneled dealerships in your city, please log in or reach out to SalaryPlan Team at or call at 1860 500 5050 / 1860 419 5050.


Damage Repair & Claim Assistance Helpline 


In an unfortunate case of a damage or accident, and if your car insurance has been taken from LeasePlan, you can now call us at 1860 500 5050 / 1860 419 5050 or email us at We will assist you with:


- Insurance claim process documentation

- Coordination with insurance company

- Guidance to workshops that provide cashless claim facility


Please feel free to avail the service for a smooth, cashless claim as well as damage repair services from LeasePlan’s network of empaneled workshops.



  • CityNew Delhi
  • Ex-showroom priceRs.1,200,000
  • DiscountRs.0
  • Road TaxRs.125,000
  • 1st year comprehensive insuranceRs.37,050
  • ON Road CostRs.1,362,050
  • Car Loan Rate of Interest11.50%
  • Amount Financed in case of Car Loan (85% OF EX Showroom)1020000
  • Amount Financed by Lease Plan1362050
  • Term - months36
  • Employee Tax Rate Slab30.00%
  • Outflow Analysis
  • Finance EMI
  • Dow payment (15% of ex show room Road Tax and Insurance)Rs.342,050
  • Car LoanOperational Lease
  • Per MonthPer Month
  • Rs.33,316 Rs.39,681
  • Rs.9,501
  • Recurring Expenses
  • Subsequent years Insurance (Year 2 & 3)
  • Opportunity Cost on down Payment @ 10% p.a.
  • Total Out Flow per Month
  • Tax Savings
  • Net EMI
  • Approximate Residual Value with applicable Taxes at end of 3 years
  • Total Out Flow over the Life Cycle
  • Savings over a 3 year period
  • Rs.2,435 Rs.2,435
  • Rs.3,145  
  • Rs.48,398 Rs.42,116
  •  -Rs.12,635
  • Rs.48,398 Rs.29,482
  •  Rs.360,000
  • Rs.1,742,330 Rs.1,421,335
  • Rs.320,995
  • The above calculation is only for the purpose of Illustration and can vary depending on the tax slab that an employee will fall under.
    The Tax benefit shown is as per the current Income Tax rules