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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.

 

Vehicle Damage Repair & Insurance Claim Assistance

 

In case of an unfortunate case of a damage or accident, you can now call our Insurance Claim Assistance Helpline on 011-6642 2888. Our team will assist you with:

- Claim process documentation

- Coordination with insurance companies

- Guidance to workshops that provide cashless claim facility

Please feel free to avail the service for a smooth, cashless claim.

 

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Help/FAQs

Help/FAQs

SalaryPlan car leasing is a tax efficient and convenient way for acquiring a car. Compare cars, add accessories, select insurance, budget-in services and order your car online.

Help/FAQs

The following FAQs may help you find answers to some of your questions. In case you have a specific query which has not been addressed here, please email the SalaryPlan Team at reachus@salaryplan.co.in, Or, call at 1860 500 5050 1860 419 5050


Q1. Why consider SalaryPlan as a means for obtaining a new vehicle?

SalaryPlan enables you to lease a car through your company and pay for lease rentals through your monthly salary.
Lease deduction is done from your pre-tax salary which makes your car acquisition plan much more attractive than buying the vehicle outright or applying for a bank loan.


Q2. How does the SalaryPlan process work?

SalaryPlan is a unique vehicle leasing website designed for corporate employees. It allows employees of empaneled companies to make instant lease quotes, compare vehicle models and lease rentals and lease cars online.


Q3. Can I sign-up as an individual?

SalaryPlan is available for corporate professionals whose companies are empaneled for this programme. Please contact your company to check if they have enrolled for SalaryPlan.


Q4. How do I register myself on the website?

To be able to register on SalaryPlan website, your company should be empaneled with LeasePlan. When you register, the system will validate your company’s domain name.
Registration on the website is simple. Please look for the ‘Registration’ button on the home page. Please complete the Registration form and submit.


Q5. Will leasing a car affect my credit borrowing capacity if I choose to take a loan in the near future?

There will be no negative impact on your borrowing capacity as leasing does not have any bearing on your CIBIL score hence keeping your borrowing capacity intact.


Q6. How do I get tax benefit on car lease?

Lease rentals for your car are deducted from your pre-tax salary, which reduces the overall taxable component (after considering HRA and other savings) of your salary. Depending on your tax bracket, you can save up to 30% on the lease rental amount. 


Q7. What is the benefit of leasing over loan?

While loan EMIs are deducted from your post-tax salary, lease rentals help you save on taxes as these are deducted from your pre-tax income. This means, depending on your tax bracket, you can save up to 30%. Furthermore, you can include accessories and services in your lease package to maximise your tax benefit. There is no down payment required for lease, plus your borrowing capacity/limit for loans remain intact.


Q8. What is the documentation required for leasing a car?

You will need to submit a Proforma Invoice and your KYC documents (PAN card, License, Aadhar card). Also, depending on your company’s policy, an employer-employee agreement might be required.


Q9. How many cars can I get through leasing?

Only one lease vehicle per employee is authorised as per the Income Tax Rules.


Q10. How does GST impact car lease?

There is no impact on car lease vis-à-vis VAT scenario. You can continue to enjoy tax benefits.


Q11. Will I get the input tax credit benefit on leasing?

As a leasing company, we are entitled to Input Tax Credit. When we calculate the Lease Rental for your car, the benefit of the credit is passed on to you. Accordingly, lease rental is calculated on the base price of the car (ex-showroom minus taxes).
Please note, GST charges are applicable on lease rentals and are not subject to Input Tax Credit.

Illustration:
If a car costs Rs. 10L (with 3L as GST), then the Lease rental is calculated on base price which is Rs. 7L. In case the Lease Rental amounts to Rs. 15,000, the GST will be applicable on this amount.

 

Q12. Which dealership will LeasePlan purchase my leased car from?

LeasePlan has strong dealer empanelment across the country from where we will procure your leased car. Our dealer partners will ensure better discounts, faster delivery and a superior delivery experience. Log in to check the list of empanelled dealer in your city.


Q13. Can I add Accessories / Services to my car while leasing it from you?

Yes, while preparing your lease quote, you can add accessories and services which you can choose from SalaryPlan website


Q14. Is it possible to end the lease during the lease term?

Yes, it is possible to foreclose your car lease in between should you so decide.


Q15. Can I switch my existing car to SalaryPlan car lease?

Yes, you can easily switch your existing car to lease and derive leasing benefits