We work with exclusive top of the line customers - our strength is reflected in our current portfolio consisting of blue chip Indian companies, MNCs operating in India & the PSU sector. Typically we work only with AAA rated (or similar) companies and our philosophy is to become a one stop solution for our customers when it comes to their employee cars. Our approach is consultative and we spend substantial time with each of our customers, especially the HR and Finance divisions of our customers to strategise, structure and then implement an appropriate Car Policy for the employees. Over the years, our customers have recognised us as product leaders and innovation and ability to customise the product basket has been our hallmark. The key difference that we bring to the table are as follows -
Act as a key consulting body for the corporate HR / Finance to structure a suitable car policy for employees
Registration of vehicle in our name and not in lessee (customer) name - this ensures perfect compliance with Accounting standards, an alignment with the global system of leasing cars and also provides the benefit that if an employee has to resign he can move with the car without any change in the RC book thus protecting the asset value. In case of any accidents etc we act as a buffer and a first point of contact with authorities thus giving a further comfort factor to our clients. Though the liability for violation of Motor Vehicles Act and Rules lie with the employees in possession of the vehicle, the corporate clients have us as a partner who assist them to tackle such situations.
Various schemes where the liability of the employer is either minimal or nil unlike any other leasing product in the market (in general lease, if an employee resigns the whole liability of outstanding lease value rests with the corporate but that is not the case with TranzLease)
Auto Desk services is another way we help our corporate client - our auto desk members often are present at client premises for mutually decided periods handling all queries and taking care of the employee car purchase needs thus providing flexibility to the HR/Admin team of our clients and ensuring a healthy outsourcing of this time consuming job.
Our customers include prominent names from various sectors ... India Oil, GAIL, Mahanagar Gas, SCI, Nicholas Piramal, Colgate, Royal Bank of Scotland, KPMG, E&Y, NIIT, Sutherland Global, Max Bupa, Max Life, HDFC Standard Life, Raymonds, CEAT, Whirpool, Reliance Capital, Reliance Power and many more ...