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Utility Vehicle Loans

The finance amount is based on vehicle price & the loan eligibility as per the profile.
We do not fund any accessories unless it is a standard fitting by OEM.
The interest rates offered are reasonable and are determined by the location of the customer, loan tenure and customer profile.
The loan is available for a maximum period of 5 years.
Normally, the approval is given in one working day subject to the submission of the required documents. To check the documents required.
Yes, a copy of the agreement will be provided to the applicant post loan disbursement.
No, collateral security is not required.
Not always.
To do so, you can send your request to the nearest Star Finance branch. Click here to view a list of our branches.
Yes. You can remit your installments in any of our branches. Click here to view a list of our branches.
Under the finance agreement, foreclosure is not contemplated. However, upon your specific request, we may advise the settlement amount to you and on remittance of the same, the necessary termination papers would be issued post loan closure.
On payment of the last installment and any other pending dues as per the agreement, the termination papers including the RTO related papers would be issued.
The termination letter
The no-Objection letter addressed to the RTO
Insurance endorsement cancellation letter
You can intimate the concerned branch, which you normally deal with. Otherwise, you can email us by clicking here.
Comprehensive insurance coverage is mandatory.
We do not insist on this, but please feel free to arrange for comprehensive insurance and produce the policy copy with our endorsement in time. We are always committed to our customers to provide a one-stop solution for all loans & insurance needs. We offer one of the best insurance solutions through our subsidiary company Mahindra Insurance Brokers Ltd. However, if you pay the premium along with monthly installments, we can take care of your insurance needs.
Our innovative and flexible repayment tenures are designed to suit the need of every borrower, with convenient and comfortable schedules. We offer monthly, quarterly and half-yearly repayment schedules depending on the type of product

Two Wheeler Loans

You can avail finance of up to on-road 85% of the invoice price of the two-wheeler.
The tenure options available are up to 36 months.
Yes, at a nominal pre-closure rate
The 2-wheeler loan process will be completed within two days.
Yes, with other documents in place

Tractor Loans

No, the tractor loan will be available without the mortgaging of land.
Convenience: Minimal documentation
Reach: Strong network of branches in rural and semi-urban India
Speed: Loan approval within 2 working days.
You can obtain your loan through any Star Finance branch. You can even apply online, and receive a call back from a Star Finance executive in your city or town.
There is no fixed minimum-maximum amount. Tractor loan amounts can be customised to suit your individual needs
The minimum period is 3 months and the maximum period is 5 years
The down payment is a balance between the vehicle price and the tractor loan amount. However, you can choose to make a higher down payment depending upon the finance option and your personal needs.

Three Wheeler Loans

Yes, we provide finance for all major three wheelers that are currently available in the Indian market.
The finance amount is based on the vehicle bought and the profile of the customer.
We do not fund any accessories unless it is a standard fitting.
The interest rates offered are best in industry and are determined by the location of the customer, tenure of loan and customer profile.
The three wheeler loan is available for a maximum period of 4 years.
Normally, the approval is given in one working day after all the required documents are submitted. To check the documents required, click here.
No, collateral security is not required.
Not always.
To do so, you can send your request through one of our nearest branches. Please see 'Our Network' to view a list of our branches.
Yes. You can remit your installments in any of our branches. Click here to view a list of our branches.
Under the finance agreement, foreclosure is not contemplated. However, upon your specific request, we may advise the settlement amount to you and on remittance of the same, the necessary termination papert
On payment of the last installment and any other dues as per the agreement, the termination papers including the RTO related papers would be issued.
The Termination letter
The No-Objection letter addressed to the RTO
Insurance endorsement cancellation letter
You can intimate the branch, which you normally deal with. Otherwise, you can email us by clicking here.
No, comprehensive coverage is required.
We do not insist on this, but please take care to arrange for comprehensive insurance and produce the policy copy with our endorsement in time. However, if you pay the premium along with monthly installments, we can take care of your insurance needs.
Yes, a copy of the agreement will be provided to the applicant.

Pre-owned Car Loans

Contact or visit your nearest Star Finance branch. You can even apply online, and we’ll get in touch with you shortly.
Eligibility for a pre-owned car loan from Star Finance depends on the individual appraisal and the product, and all loans are given at the sole discretion of the company.
It depends on the age and condition of the vehicle and repayment capability of an individual.
Minimum 1 year and maximum 5 years, depending on the age and condition of the vehicle.
Our extensive network of branches at over 1200+ locations have speedy and simple documentation processes and with the capability of our executives to take quick, smart decisions, the process of obtaining a used car loan is a quick and smooth one.

Commercial Vehicle Loans

Yes, we provide loans on commercial vehicles and construction equipment of all major manufacturers.
The finance for body construction is extended for certain customer profiles as defined by product policy.
The maximum amount of finance depends on the customer profile and the product.
We work on a monthly reducing interest rates.
We levy product specific, document and stamp charges on actual basis as levied by the statutory authority and also depends on the place of execution of the contract.
Normally, the loan is sanctioned within 24 hours after all the required documents are submitted.
We require a guarantor or co-applicant depending on the profile of the customer and product.
No collateral security required.
Yes, special promotions and tie-ups with several manufacturers/dealers will be running at various locations and at various points of time.
Yes, you can. However, it is always preferred to select the dealer who is nearer to your business or residential location for better after-sales service.
We accept bulk part payments. However, the excess amount will be parked in a suspense account and will not result in the reduction of the loan outstanding or reduction in IRR.
Yes, you can pay your EMIs in any of our branches.
Yes. However, a charge will be levied for the collection of such cheques.
Statement of accounts would be sent after we receive a request from you.
You can intimate the branch, which you normally deal with.
Comprehensive policy is mandatory as per the rules laid down by the concerned authority.
We have in-house Mahindra Insurance Broker Limited which can take care of all your insurance needs and can give you the best deal.
Our field executive would inform you on the documents & vehicle quotation required from your end and visit you at your residence/office to collect the same and forward the same to our credit team for appraising. On approval of the loan, our field executive will visit you to have the loan agreement & PDC/ACH signed, post the same, we will release the Deliver Order to the concerned dealer.
Our field executive would inform you on the documents & vehicle quotation required from your end and visit you at your residence/office to collect the same and forward the same to our credit team for appraising .On approval of the loan, our field executive will visit you to have the loan agreement & PDC/ACH signed, post the same, we will release the Deliver Order to the concerned dealer.

Car Loans

Yes, we provide loans on commercial vehicles and construction equipment of all major manufacturers.
We do not fund any accessories unless it is a standard fitting by OEM.
The interest rates offered are reasonable and are determined by the location of the customer, loan tenure and customer profile.
The loan is available for a maximum period of 5 years.
Normally, the approval is given in one working day subject to the submission of the required documents. To check the documents required, click here.
Yes, a copy of the agreement will be provided to the applicant post loan disbursement.
No, collateral security is not required.
Not always.
To do so, you can send your request to the nearest Star Finance branch. Click here to view a list of our branches.
Yes. You can remit your installments in any of our branches. Click here to view a list of our branches.
Under the finance agreement, foreclosure is not contemplated. However, upon your specific request, we may advise the settlement amount to you and on remittance of the same, the necessary termination papers would be issued post loan closure.
On payment of the last installment and any other pending dues as per the agreement, the termination papers including the RTO related papers would be issued.
The termination letter
The no-Objection letter addressed to the RTO
Insurance endorsement cancellation letter
You can intimate the concerned branch, which you normally deal with. Otherwise, you can email us by clicking here.
Comprehensive insurance coverage is mandatory.
We do not insist on this, but please feel free to arrange for comprehensive insurance and produce the policy copy with our endorsement in time. We are always committed to our customers to provide a one-stop solution for all loans & insurance needs. We offer one of the best insurance solutions through our subsidiary company Mahindra Insurance Brokers Ltd. However, if you pay the premium along with monthly installments, we can take care of your insurance needs.
Our innovative and flexible repayment tenures are designed to suit the need of every borrower, with convenient and comfortable schedules. We offer monthly, quarterly and half-yearly repayment schedules depending on the type of product.


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+91-7672-226500 / 225900

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Silver Star finance And Leasing Limited

starfin@stargroupindia.biz

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A Leading RBI Registered Non-Banking Financial Company, with more than 5000 vehicles financed and an active portfolio of 600 vehicles. Operations are in Madhya Pradesh.

Silver Star finance And Leasing Limited

   Mukhtiyar Ganj, Satna (M.P) 485001

   starfin@stargroupindia.biz

   +91-7672-226500, 225900

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