Shriram Life – Launching 7 New Products

Today Shriram Life Insurance Company, a division of Shriram Group, launched seven new products, belonging to the life insurance segment in market. As per the words of company’s CEO, Mr. Manoj Jain, four products out of seven are market-linked, whereas the remaining three belong to the traditional product category. While serving better value proposition with respect to better death benefits and higher surrender value, Jain told, the new products score high on their customer-friendly factor. According to him, these products fulfill the new guidelines of Insurance Regulatory and Development Authority. While answering a query, he informed that three to four new products are with IRDA for approval. After the launch, the company now has 13 products to offer to its customers.  Read more at: http://www.financialexpress.com/news/shriram-life-insurance-launches-seven-new-products/1216490

How to Buy a Used Bike

Buying used bikes in India can be an extremely risky task for people, with little knowledge on the trends in automobile industry. This kind of information always results in deals, highly inclined towards looks. After getting attracted to the good looking pre-owned bike, people hardly look at the other aspects to be kept in mind while buying a second-hand bike. But, this practice is not fruitful to spend a long time with a used bike. Apart from the appearance, one should also consider its other aspects that contribute in its better performance.  

This first criterion in the selection of a pre-owned bike is to look at the condition of its various parts. If you have to get it repaired after the purchase, it will result in a completely non-profitable deal. So, look out for the buckled wheels, bent cranks or worn tyres before buying your second-hand bike as they require a big pocket for repair.

A bike, suspected to be stolen, always results in criminal dealings. This mean, if you buy such second-hand bike it will be considered as a crime. Hence, before you make a purchase of used bike, do proper research on its history.

To measure the condition of a second-hand bike, check the state of its tyres, wheels, brakes, headset, chain, chainwheel, sprockets, pedals, handlebars, saddle, and many more. This will certainly help you in deciding the total worth of that bike. Also, it will serve as a base for deciding if that particular used bike is worth buying or not.

In order to serve excellence in the automobile industry, Shriram Automall India Limited (SAMIL) has always offered quality options in its every segment. The close association of some incredible names in the industry has always paved way for serving credibility in the form of pre-owned bikes.

“While walking steadily towards a single destiny of immense growth, we have followed the road of transparency and authenticity. And, this is how we aim at diversifying ourselves in the automobile industry” – Mr. Sameer Malhotra

Pre-Owned Bikes - The Perfect Option for an Economical Dream

Pre-Owned Bikes – The Perfect Option for an Economical Dream

Biking is the most essential aspect of every man’s life. In a market flooded with various brands, people mostly hunt for the most expensive and attractive options in bikes. But this choice requires a huge pocket to get transformed into a purchase. That is why everyone cannot afford the dream of a good-quality bike. In such a scenario, second-hand bikes come for a rescue. Used bikes are a perfect option to welcome your dream bike in your yard and embrace its experience with a wild ride.   

The pre-owned bikes segment of the automobile industry is also flooded with various brands. However, before purchasing a second-hand bike, it is essential to keep certain points in mind like, model, year, type, condition, engine size, mileage and year.

In comparison to a new bike, the purchase of a used bike is more beneficial. It saves a huge amount of your money, which can be further invested in the purchase of some special accessories; thus embellishing your second-hand bike further. One can also negotiate better while buying a used car as it serves a great scope for making a purchase at lower prices.

New media has eventually evolved as an amazing platform for the trade of pre-owned vehicles. With a plethora of options in brands to choose from, this medium is considered to be an authentic source of gaining any information regarding second-hand bikes. Though one can also visit the market to buy such bikes, but it is difficult to end up with an experience which is as convenient as in the case of online.

With world-class services Shriram Automall (SAMIL) serves the most credible options in its second-hand bikes segment. While holding the hands of esteemed manufacturers, the company has always showcased quality pre-owned bikes on all its bidding platforms.  

Hike in petrol and diesel price by 75p and 50p, respectively

India is on the verge of witnessing a hike in petrol and diesel prices. The alterations in the prices came to effect from January 4, 2014. Now, the cost of petrol in Mumbai will be Rs 79.52 per litre and for diesel, it will be Rs 61.42.  

The major reason for the increment is because of the Government’s decision to raise the commission, paid to petrol pumps.

Visit here at https://www.facebook.com/ShriramAutomall for daily news.

New Media – A Revolution in the Trade of Used Cars

With the growing prominence of new media, trading of used cars in India has enhanced its horizon to a great extent. The online platform is flooded with various products to facilitate their business. Used car is one such product in the clutter, which has a huge potential market online.

Any form of trade in pre-owned cars should be backed by a deep research. In order to sell or buy this kind of vehicle in a profitable manner, it is essential keep a track of market trends before striking a deal. Along with the financial aspect, there are various other things to be kept in mind while buying a used car online. To ensure its good quality, always go for a test drive before making a purchase.

Through the most unmatched business solutions, Shriram Automall excels in the trade of used cars online. While keeping its motto intact, the company always serves credibility and transparency in its services. 

Auto Loan Rates – New Vs Old Cars

As per the market sources, interest rates on loans for new and used cars remained same for another week. The rate of loan for a 60-month new car is still 4.22%, whereas a new car with the age of 48-month and 36-month had the rate of loan at 4.13% and 4.03% respectively. The scenario remained the same in case of used cars in India loan rates, with the average 36-month loan staying at 4.72% and the average 48-month loan remaining at 4.73%. Visit SAMIL on Facebook.

RANDOM COMPANIES REVIEW FOR DECEMBER 2013

• VE Commercial Vehicles, a 50:50 JV between the Volvo Group and Eicher Motors, reported 30.38% decline by selling 4,032 units in the same month of previous year.
• Toyota Kirloskar Motor reported 12.21% decline in its total sales at 12,622 units in December.
• Ashok Leyland, Tata Motors and Volvo are in the race for an Rs.450Crore order for supply of about 1,500 buses to the Andhra Pradesh State Road Transport Corporation.
•  Mahindra & Mahindra reported 15% increase in total tractor sales at 17,037 units in December.
• Maruti Suzuki India stated 4.4% decline in its total sales at 90,924 units in December 2013.
•   General Motors India reported 19.27% drop in sales in December 2013 at 5,705 units.
• Suzuki Motorcycle India had a successful year 2013, registering more than 10% M-o-M growth in sales.