faq

FOR EXISTING BMW FINANCIAL SERVICES CUSTOMERS.

  • Can I change my EMI date?
  • Can I make a Part-Payment towards my Loan Contract?
  • How can I change my registered bank Account for payments of EMI’s (Bank Swap)?
  • What is the procedure to update my registered Car details?
  • How can I claim TDS refund for TDS deducted and deposited against the PAN of BMW India FS for my loan contract?
  • Where/How can I access my Loan Statement and Loan Schedule?
  • How can I Terminate my Loan earlier than its maturity date?
  • What are the steps to be followed after Loan closure?
  • Can the NOC be renewed if the validity period gets over before submission?
  • What are the bank details for BMW India Financial Services?
  • How do I lodge a complaint with BMW India Financial Services?

FOR EXISTING BMW FINANCIAL SERVICES CUSTOMERS.

  • How do I request for various statements like Amortization Schedule and Statement of accounts?
  • How can I change my contact information with BMW Financial Services?
  • How can I change my Bank Account through which I am currently paying my loan installments?
  • How can I change my EMI / Payment due dates?
  • How can I claim for TDS refund, since I pay gross EMIs?
  • How can I make a part payment of my loan with BMW Financial Services and what are the applicable charges?
  • How can I Early Terminate my loan contract with BMW Financial Services and what are the charges?
  • How can I get my ‘No Objection Certificate’ on termination/ maturity of my loan contract?
  • How can I get my vehicle details updated in your records?
  • What are the various fee and charges applicable to my loan account?
  • When can I get a waiver of ‘Early Termination’ charges?

FOR BMW FINANCIAL SERVICES NEW CUSTOMERS

  • What are the product offerings of BMW Financial Services and how can I approach you?
  • What is the turnaround time for loan approval from BMW Financial Services?
  • What are the tenure options available on a loan from BMW Financial Services?
  • What is the maximum amount I can borrow with BMW Financial Services loan?
  • Who can avail a BMW India Financial Services loan?
  • Can my spouse’s income be included for calculation of approved loan amount?
  • Does BMW Financial offer a fixed or floating rate of interest?
  • What documents are required for applying/ approval of loan with BMW India Financial Services?
  • What are the various rates & charges applicable?
  • Disclaimer

FOR DEALER WHOLESALE FINANCE

  • What are the various rates applicable?

PUBLIC ANNOUNCEMENT