Buying Genuine spare parts in Coimbatore

Source-www.ahg.com.au

It’s quite boring to wake up on a Sunday morning when someone asks you to join for a religious ceremony My uncle had a client meet in the morning and he called me up to say “be ready downstair I am coming in 15 mins”. I had just 10 mins to wind up my stuff. So here I was ready waiting for him to pick me up. The religious function was around 100 km away. I was ready for a long journey, this time not on the wheels. My Uncle was at driver’s seat. He is safest driver I know. He doesn’t care about other cars and he drives at his speed. His funda is “Follow the rules, don’t break it, No accident will ever happen”. In a way he is partially correct ( not fully coz we are young blood bound to rip off the road at 130km/hr).
During the trip, our car was moving swiftly but at the end of the tunnel our car got stuck unknowingly. I stepped out of the car to check whats the problem. The front tyre was punctured. Now getting car tyre in Coimbatore at this point was an uphill task. I was thinking where would I get spare parts in Coimbatore.I called up my friend who informed a local guy and after 45 mins waiting in the scorching heat he arrived and he changed the tyre, so our journey took a halt for some time but it started again and finally we reached at the venue though little late but we made it .I was thinking the cause of tyre failure could be friction from moving contact with road surfaces, causing the tread on the outer perimeter of tyres to eventually wear away. When the tyre tread becomes too shallow, the tyre is worn out and should be replaced. The same wheels can usually be used throughout the lifetime of the car. Other problems face in tyre failure:
Uneven or accelerated tyre wear: can be caused by under-inflation, overload or bad wheel alignment.
Increased wear on a tyre facing the outside or the inside of a car: often a sign of bad wheel alignment.
Tread worn away completely: especially when the wear on the outer rubber exposes the reinforcing threads within, the tyre is said to be bald and should be replaced as soon as possible. Sometimes tyres with worn tread are recapped, i. e. a new layer of rubber with grooves is bonded onto the outer perimeter of a worn tyre. Since this bonding may occasionally come loose, new tyres are considered superior to recapped ones.

When you are on the long journey make sure you keep:-
Spare tyres – Many spare tyres for modern cars are smaller than normal tyres (to save on trunk space, gas mileage, weight and cost) and should not be driven very far before replacement with a full-size tyre. New cars are equipped to run flat tyres that may be driven with a puncture over a distance of 75 km to 100 km. This eliminates the need for an immediate stop.
Rotation – Front tyres, especially on front wheel drive vehicles, have a tendency to wear out more quickly than rear tyres. Routine maintenance including tyre rotation (exchanging the front and rear tyres with each other) is often done periodically to facilitate uniform tyre wear.
Tyre pressure gauges – which can be temporarily attached to the valve stem to check a tyre’s interior air pressure. This measurement of tyre inflation pressure should be made at least once a month, make sure to do it while the tyres are cold. That way, you’ll get a more accurate reading since the tyre’s air will not have expanded because of the heat
Tyre Pressure monitoring system – The use of a pressure sensor directly mounted on the tyres of a vehicle.The pressure inside the tyre is measured using a pressure transducer with the pressure information being subsequently sent to the vehicle to warn the driver of under or over inflation of a tyre.

After the function got over, I told my Uncle whenever you get in trouble always buy genuine spare parts in Coimbatore.They provide optimum performance and reliability to your vehicle. They keep your car at its peak performance level.Genuine Parts add to your safety and driving pleasure while ensuring that your car gets a long service life.

Getting a Car insurance in Coimbatore

As usual I left my home on Friday (TGIF- Thank God its Friday) last day of the weekend, I was elated I am gonna enjoy my weekend with friends. In the evening I got a call from my boss, he was livid with one senior guy, had a long discussion and I sneaked in the cabin. His tone was unusual and told me “you need to shift to Coimbatore for 6 months” As I heard those lines, my brain got exploded like a bomb. I was expecting a hike and he gave me “South” hike. lol. (Just joking).

Well, you never know what’s in store for you so I packed my bags and left for South. I heard about Coimbatore is known as the “Manchester of South India” due to its extensive textile industry. I can feel the heat now. My office place was far way from my home. Daily commuting from public transport was a big headache for me. I shifted to my Uncle’s place as he stayed near to my office.I was excited to see his new car as well. He brought new Elite I20. Well, he did not have any idea about other formalities, documents, so I looked up for car insurance in Coimbatore and I compared with other companies and got insured car in a week’s time. Buying insurance is an expensive affair but when trouble strikes your finances will be protected. You just mitigate the risk.  I researched online and also visited quite few insurance companies office to know about their plans.

There are basically two kinds of Motor Vehicle Insurance:

  • Motor Policy A (Third Party Risk) the ‘Act Only Policy’ covers third party damages up to Rs 6000/- only. Risk from fire and theft requires an additional premium
  • Motor Policy B (Comprehensive Insurance Policy) protects you from the following eventualities:
    1. Damage due to man-made or natural calamities: Natural calamities include fire, floods, hurricanes, landslides, cyclones or earthquakes. Man-made calamities include theft, riots, strikes, malicious acts of vandalism or damage occurring in transit via road, rail, waterways or air
    2. Personal accident cover: In the event of an accident, it is important that you have personal accident coverage. You may also opt for a personal accident cover for passengers travelling with you, just to be on the safe side
    3. Third party legal liability: This would cover you for legal liabilities that result in permanent injury/death or damage to property, in the event of a mishap

The insurance policy is valid for a period of one year. If you do not make a claim during the policy period, you are eligible for a discount, which is adjusted against the renewal premium. In case your policy expires, you can still avail the no claim bonus if you renew the policy within 90 days of its expiry

 

 

 

 

 

 

To submit the claim you need to provide following documents to the insurance company:

  1. Vehicle Insurance Policy
  2. Original and a copy of the registration book
  3. Original and a copy of the driving license
  4. FIR in case of an accident involving third party injury or damage
  5. Claim form and the estimated cost of repairs from your workshop

Once the above-mentioned documents are submitted, the insurance company will inspect the damaged vehicle and authenticate the estimated cost of repairs. Once the surveyor has completed the inspection, the car can be repaired.

 

 

 

Also Keep in mind important points carefully while ensuring car insurance: –

  1. Fill up the proposal form yourself, answering all the questions correctly and sign it. This plays a vital role in deciding the premium and the admissibility of the claim. Incomplete or incorrect information may result in denying the claim to you. Therefore, never leave it to any other person to fill it up.
  2. Ensure that your and vehicle details are correctly recorded in the policy schedule. Make sure that every digit of vehicle registration number, engine and chassis numbers etc. are fully and correctly entered. Any error should be immediately got corrected as otherwise it would create trouble at the time of claim.
  3. In case of any material change you should inform us immediately so that it can be corrected by the way of endorsement
  4. Read policy terms, conditions, particularly the exclusions etc. very carefully. They are important from claim point of view.Remember, registration and insurance of the vehicle should always be in the same name with same address. Otherwise, the claim is not payable.

My Uncle thanked me for helping him out in buying car insurance in Coimbatore I told him don’t forget to renew insurance. As renewing is hassle free and just pay the premium on time. He gave me a delicious treat at Le Meridian hotel. We enjoyed the car ride and had best time together.

Securing Loan for a Commercial Vehicle

A small yet inspiring story about my uncle who stays in Coimbatore. I would like to share with you guys.Mr.Uday Shankar’s story, A humble person, dedicated to work, he used to work with transport company for about 4 years. Having slogged day and night, leaving no time for his personal life. He worked steadily and carefully, but there was a time when he told himself. I will work for myself. He pulled himself by his bootstraps and ventured his own transport company.The first hurdle was financing. The commercial vehicle loan in Coimbatore was blessing in disguise for him. He was relieved after securing commercial vehicle loan. If you compare the interest rates in Coimbatore are at par with other cities.

A decade ago, Commercial Vehicle loan were uncommon in India.Those who were from affluent has access to it.The common man was beyond the reach.They feared the risk or were more interested in saving the money.Cite an example of Mr. Uday Shankar.Owning a commercial vehicle was of low priority.Earlier it was a dream but now it’s a reality.Securing  Commercial Vehicle loan used to be big headache earlier.These days Commercial Vehicle offers a lot of flexibility in terms of rate of interests, maximum tenure etc. The criteria and conditions for sanctions are relaxed to help extend the loan to the needy people at an attractive rate of interest and minimum processing charges.

Main criteria are: –

  1. Look at the Credit history
  2. Type of Vehicle – new or used vehicle,
  3. Tenure of the loan.

Before applying for a commercial vehicle loan pre-requisite criteria such as –

Be ready with following documents –

  1. Income proof,
  2. Residential proof that can be verified,
  3. Borrower’s credit history should be good,
  4. Borrowers must have valid driving license.
  5. Also, keep documents ready for check such as telephone bills, Utility bills, bank statements, income tax returns etc.

The main security for this type of loan is a vehicle itself.The vehicle which is financed is hypothecated as a security.

Banks offers a variety of commercial loan products so that it’s very easier to obtain and faster processing which help grow the business.  Basically, the loan process is very simple and hassle-free. Flexible financial solutions provided to meet individual requirements. It covers the broad spectrum of customers like individuals, first-time users, partnership firms, private and public limited companies, Large, medium, small –size fleet owners. It would be required for expanding a small business or accumulating funds for the new purchase. More than 90% of commercial vehicles are sold are through finance options. If you look at the balance sheet of the banks the percentage of commercial vehicle loans when compared to the overall asset size of the bank is very high.The no. of products under commercial vehicle loan category offered by banks and demand for customers for loans is high. With Vehicle financing, Its endeavor to create entrepreneurs in every section of society.