Dos and don’ts of purchasing a pre owned commercial vehicle
Samil hosts grand anniversary special bidding event at shriram automall bangalore
1. Key Highlights
One-stop destination for pre-
owned vehicles and equipment.
Regular bidding events
Inspection of vehicle, two days
prior to the bidding event
Hassle-free and transparent
bidding process
Huge parking space
Refurbishment facility
Quick documentation
Education Support through
Scholarship Programme
Easy Finance
SAMIL hosts Grand Anniversary Special Bidding Event at Shriram Automall Bangalore
Bangalore, 16 February, 2015: Shriram Automall India
Limited (SAMIL), an ISO certified Company with AA rating
from CRISIL, marked the celebration of its Bangalore
Automall’s first business anniversary by rolling out a
grand bidding event for nearly 300 customers. More than
200 pre-owned vehicles were displayed on the ramp, out
of which numerous were successfully disposed. A lucky
draw was organised and five fortunate winners were
given gift hampers.
Mr. Sameer Malhotra (CEO of SAMIL), stated “Last year, Shriram Automall Bangalore marked its inception with an
aim to bring complete organisation and transparency within the pre-owned space of automobile industry here.
After completing a year of successful bidding, we are all set to take this initiative on to the next level by offering
value-for-money transactions to our customers”.
Shriram Automall Bangalore made a substantial
contribution to the ongoing Swachh Bharat Abhiyan in
India by conducting a cleanliness session within the
Automall premises. Also, trees were planted as an
initiative towards a greener Automall. The Company’s
top officials participated in both the initiatives and made
them a huge success. Numerous Privileged Bidder Cards
and Education Scholarship cheques were also
distributed at the anniversary special bidding event.
Shriram Automall Bangalore began its operations in February, 2014,
while eyeing at organised and ethical trade practices within the pre-
owned vehicles and equipment industry. Currently, it provides a huge
bidding platform to the people of Bangalore for acquiring and
disposing a wide variety of pre-owned commercial vehicles,
construction equipment, tractors, buses, cars & SUVs, three-wheelers
and two-wheelers. For its customers seeking information on pre-
owned vehicles from different locations of India, the Automall is
equipped with a one stop classified kiosk. It’s a virtual box, containing
information on more than 20,000 vehicles and equipment, available for
disposal. Repair facility is also provided through NewLook
Refurbishment. It was the 30
th
Automall of SAMIL in India, inaugurated
by Mr. Umesh Revankar (MD of STFC) along with Mr. Sameer Malhotra
(CEO of SAMIL). Today, the Company accounts for over 45 well-
structured Automalls, across the country. It also plans to set up 3 more
Automalls in February, 2015.
2. About Shriram Transport Finance Company (STFC)
Shriram Transport Finance Company Ltd. is the largest asset financing Small Banking Finance Company (SBFC). The
company is a leader in organized financing of pre-owned trucks with strategic presence in 5-12 year old trucks and
a market share of around 25%. It has a pan-India presence with a network of 630 branches, and employs more
than 18,000 employees including 11,243 field officers. The company has built a strong customer base of approx.
1.10 mn. Over the past 34 years, it has developed strong competencies in the areas of loan origination, valuation
of pre-owned trucks and collection. It has a vertically integrated business model and offers a number of products
which include: Pre-owned CV financing, New CV financing and other loans like accidental repair loans, tyre loans
and working capital finance, etc. For more information please visit www.stfc.in.
About Shriram Automall India (SAMIL)
Shriram Automall India Limited (SAMIL), one-of-its kind facility, is a wholly owned subsidiary of Shriram Transport
Finance Company (STFC). It is India's first-ever service provider that offers various well organised and transparent
bidding platforms, including physical, online, one stop classified and negotiated deals, for acquisition & disposal of
pre-owned commercial vehicles, construction & industrial equipment, tractors & agricultural equipment,
passenger vehicles, three wheelers and two wheelers. The company also provides various allied services, including
New Look Refurbishment services, valuation, parking and finance (through STFC). It has successfully launched more
than 100 bidding locations, including over 45 well-structured Automalls and nearly 70 strategic parking locations,
across India. The company has been awarded ISO 9001:2008 certification for its Quality Management System and
rated AA from CRISIL.
For more information, please contact:
SHRIRAM AUTOMALL INDIA LIMITED
709, Best Sky Tower,
F-5, Netaji Subhash Place,
Pitampura, Delhi-110034
Tel: 011-41414444
Fax: 011-42414444
E-Mail: contact@samil.in
Website: www.samil.in
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