Good news! Get up to Rs 20,000 discounts on new cars if you have this vital document: Details
Top Stories Tamfitronics In a meeting today between Union Minister Nitin Gadkari and the delegation from the Society of Indian Automobile Manufacturersmajor automakers in India have agreed to offer substantial discounts on new vehicle purchases for customers who present a ‘Certificate of Deposit’ after scrapping their old vehicles. These automakers include both, commercial and passenger vehicle manufacturers.Top Stories Tamfitronics Certificate of deposit: What is it and how to availA Certificate of Deposit, also known as a scrappage certificatewill be issued to vehicle owners when an old vehicle is scrapped at an authorized scrappage centre. To obtain it, vehicle owners must take their end-of-life vehicle to a certified scrapping facility, where it will be dismantled. Post completion of the scrapping process, the document will be provided to the owners using which owners...
