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Announcements
Team  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 1 (customer) followed by 2 (SalaryPlan car quotes)
reachus@salaryplan.co.in

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

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

1860 500 5050
1860 419 5050
IVR option 1 (customer) followed by 1 (existing leased car)
customercare@leaseplan.com

Insurance Team

Monday - Saturday | 10:00am - 6:00pm

 - Insurance related queries
 - Insurance claims assistance

011-66422888
customercare@leaseplan.com

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 reachus@salaryplan.co.in or call at 1860 500 5050 / 1860 419 5050.

 

Damage Repair & Claim Assistance Helpline 

 

In an unfortunate case of a damage or accident, you can now call a dedicated Damage Repair & Claim Assistance Helpline on 011-6642 2888. This helpline is operated and managed by SMC Insurance Brokers Pvt. Ltd., an insurance broker duly recognized by IRDAI, who 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.

 

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ILLUSTRATION OF FINANCIAL COMPARISON OF OPERATIONAL LEASE WITH A CAR LOAN

  • 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