Option I : NANO CAR

1. Company will pay Rs.1.5 lakhs down payment only for NANO Car.
2. Rs.75,000 (Rs.1.5 lakhs - Rs.75,000) will be deducted from their monthly eligible car fund.
3. After this Rs.75,000 deduction, they will be eligible to get regular monthly car fund (maximum 36 months).
4. Minimum eligibility to get monthly car fund is 100 Pair PV.
5. Total monthly car fund will be paid only for 36 months.

Option II: Below Rs.3 lakhs

1. Company will pay Rs.1.5 lakhs down payment only for the Cars (preferably ALTO) below Rs.3 lakhs on road price.
2. Rs.75,000 (Rs.1.5 lakhs - Rs.75,000) will be deducted from their monthly eligible car fund and only 50% of the total eligible car fund will be deducted.
3. After this Rs.75,000 deduction, they will be eligible to get regular monthly car fund. (maximum 36 months).
4. Minimum eligibility to get monthly car fund is 100 Pair PV.
5. Total monthly car fund will be paid only for 36 months.

Note:

1. Scheme applicable only from April 2011 Car Achievers.
2. Car achievement should be achieved within 18 months from joining month. If not achieved they will get car fund as per old condition.
3. No changes in the existing car fund scheme.(Rs.75000 down payment + 72 months EMI)