Faqs

We offer innovative products tailor made to suit your requirements. All our financial products will be offered solely to Toyota customers in India. We have several products to suit your monthly budgets and leverage on our Global expertise to bring unique products and processes at very competitive rates. We also have loyalty benefits which you can avail on your next purchase.

Depending on the scheme being availed, we can offer a Loan to value of upto 100%. We have special schemes for On Road funding as well.

Our products are priced at very competitive rates. For detailed information on the rates, you may write to us on customerfirst@tfsin.co.in , call us on 1800 309 9778 or visit your nearest authorized Toyota Dealer. Currently available in these locations - Download Locations List

The choice is yours. You can choose any repayment option from 12 to 84 months, all uniquely designed to suit your requirements.

Generally no. But if you do not meet our credit criteria, then you may be required to have a guarantor to stand surety for your loan.

Yes. One can pre-pay the loan any time post availing the loan. You have to pay a prepaymentcharge on the outstanding loan amount. We do provide pre payment benefit on choosing your next Toyota finance with us.

Processing Fees, Documentation charges and the actual stamp duty charges are applicable at the time of loan processing. There are additional charges in case of Cheque return, delayed payment, prepayment of the loan, Cheque swapping and loan cancellation. (For more details do check our Fee charges link at our homepage)

Documents required:

• Proof of Identity:- Passport copy, PAN Card, Voters card, driving licence ( Laminated, Recent, Legible) ,UAT, Company I D .
• Income Proof: - Latest salary slip with Form 16.
• Address Proof: - Ration card/ Driving licence/ Voters card/ passport copy/ telephone bill/ electricity bill, Salary Bank Statement

Documents required:

• Proof of Identity:- Passport copy, PAN Card, Voters card, driving licence( Laminated, Recent, Legible) ,UAT.
• Income Proof:- Latest ITR / Audited Financials
• Address Proof:- Ration card/ Driving licence/ Voters card/ passport copy/ telephone bill/ electricity bill Business Bank Statement.

In case of Corporates/ Pvt Ltd / Public Ltd Companies, there are additional statutory requirements of Board Resolutions, MOA, Common Seal.

Any one of the following can be a co-applicant- father, mother, brother, sister, children, spouse, father in law, mother in law, daughter in law and son in law.

The vehicle is hypothecated to Toyota Financial Services India Ltd and lien is marked in our favor on the Registration Certificate, Final Invoice and Insurance Policy.

Yes. One can pre-pay the loan any time post availing the loan. You have to pay a prepaymentcharge on the outstanding loan amount. We do provide pre payment benefit on choosing your next Toyota finance with us.

In case you do not meet the criteria, you can take in a co applicant or a guarantor to fulfill the eligibility criteria. any time post availing the loan. You have to pay a prepaymentcharge on the outstanding loan amount. We do provide pre payment benefit on choosing your next Toyota finance with us.

You can repay the loan by depositing Post dated Cheques. ECS or Electronic Clearing Service debit mandate is other mode of repayment by which your bank account gets debited for the loan repayment on a specific date in a month. These have to be submitted to the TFSIN representative dealing with you along with the loan documents after the sanction of the Loan.

You can obtain your foreclosure statement by sending a request to us by any of the modes mentioned below:

• Email us at customerfirst@tfsin.co.in
• SMS us with the key word “TFS”at 53030
• Call us on our Toll Free Number – 1800 309 9778

You can make the payment towards the foreclosure of the loan using a Funds transfer / RTGS mode from your existing bank account/ bank branch to the designated TFSIN Bank account.

Your un-banked PDC or Security PDCs will be automatically returned to you within 30 days of the closure of your loan. In case you do not receive the same, please contact us at any of our contact points and we will get back to you with the details.

Yes, if the spouse is taken as the co-applicant, then the income can be included for calculating the loan amount.

You can make the payment towards the foreclosure of the loan using a Funds transfer / RTGS mode from your existing bank account/ bank branch to the designated TFSIN Bank account. The details you need to fill in the RTGS/NEFT form are:*

After the last payment is made, you can get the lien of TFSIN removed on your car. You will be issued a loan closure letter by us along with Form 35 and NOC to the RTO for removing the lien from the RC book. A similar NOC will also be issued to the insurance company requesting for the removal of our lien from the policy.

• Beneficiary Name/Payee name - Toyota Financial Services India Limited
• Beneficiary Nickname - TFSIN
• Account No – (1492) + your 11 digit TFSIN Loan Account Number For e.g. If your TFSIN Loan Account Number is NDEL1234567, then your Account Number becomes 1492 + NDEL1234567 = 1492NDEL1234567
• IFSC Code – HSBC0560002
• Bank Name – The Hong Kong and Shanghai Banking Corporation Ltd.
• Account Type- Current Account.