Your dream of owning a two-wheeler is just one step away with My Ride Finance

My Ride Finance offers attractive loans for New Motorcycles, in addition to this we extend financing them to used motor cycles. To facilitate clean and green earth and to proudly be a part of this journey, we even finance Electric Two-wheelers.

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#Gogreen #GoElectric with My Ride Finance

An average EV two-wheeler reduces your spending by 43% compared to similar petrol vehicles. Electric vehicles are the future of the automotive transformation that is happening today. To facilitate this transition, we at My Ride Finance have hassle-free financing for Electric two-wheelers. In addition to the green push, our processes are transparent, and funding is quick, and on time.

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Bank / NBFC Partners

RAR Finance

Milestones

1980
1992-93
2000
2015
2017-20
2021

1980

1980

Incorporation

Deccan Finance laid the first baby steps in the year of 1980. It started as a deposit taking NBFC. It commenced its UCV business also during the same time. The company listed itself in the Madras stock exchange in the year 1980.

1992-93

1992-93
  • In the year 1992-93, Mr Sanjay Bansali joined the Company. Mr Kailash Duggar continues as the Chairman of the company.
  • The company also converts itself into non deposit taking NBFC and prepaid Rs. 11 crore of deposits in doing so.
  • Another important milestone for Deccan Finance also came in the same year. Deccan Finance became the exclusive new car financier for Maruti Udyog in TamilNadu.

2000

2000

New Openings

In the year 2000, the company took another step in helping Indians own a car. Deccan finance started financing used cars in addition to new cars.

2015

2015

Mr Sanjay Bhansali was appointed as the Managing director of Deccan Finance Limited. This is the position which he continues to hold today.

2017-20

2017-20

Going Private

In 2017 the company decided to go private, and delisted from the Madras stock exchange. The shares were purchased in a buyback offer at Rs. 40 per share. This transformation was complete by 2020. The company also saw tremendous growth in the used car financing Business.

2021

2021

In 2021, the company started another phase of transformation and it included a professional management team to launch the flagship two wheeler financing arm, ‘My Ride Finance’.

Simple Addons

At Deccan finance, we believe in building long-lasting relationships. So here is some good news for our existing loan account holders. We offer additional loans with no extra verifications and guarantees. We are using state of an art AI system to enable us to make better decisions. In addition to this, we would love to serve your requirements of finances for two-wheelers and electric vehicles as well. For any assistance required in this regard please feel free to get in touch with us.

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Realize your dream of owning a Two Wheeler Today!

You have waited long enough for that dream ride of yours. With My Ride Finance, that wait is now over. Extremely fast processing, attractive interest rates, personal touch, and a lot of love is what you get at My Ride Finance. Kickstart your journey with us.

Corporate Office

Deccan Finance Limited

“Padminee Towers”, 3rd Floor, No.20, Pycrofts Garden Road, Nungambakkam, Chennai –
600 006.

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Grievance Redressal

Alamelu A, Vice-President-Finance & Planning of the Company is the Grievance Redressal Officer under the Fair Practices Code. She can be approached by the customer for resolution of complaints against the Company in the below mentioned address:

Deccan Finance Limited
“Padminee Towers”, 3rd Floor,
No.20, Pycrofts Garden Road,
Nungambakkam, Chennai – 600 006
Email address: alamelu.a@myridefinance.com

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