
In these past two years, Uber has helped create new job opportunities in Mumbai. For those interested in partnering with Uber, we’ve compiled a list of everything you need to know about the business.
CONTENTS
Why Uber?
Vehicle Categories
Vehicle Solutions
If you do not have a car currently, Uber facilitates the purchase of a new one. We have partnered with major car dealerships and financiers to get you great discounts and low interest rates. These offers keep on getting updated on a monthly basis, and we would recommend visiting our city office to get the latest information. (Please note that we have stopped issuing comfort letters for UberBlack cars).
Vehicle Finance
- Will Uber provide a car/ Will Uber provide a loan?
- No, we do not own any cars or provide loans but we have partnered with dealers and financiers to help you get the best option.
- How do I get the loan?
- Our team has sourced out the best finance options for you, where you can get upto 95% financing on buying a new car. We are associated but not restricted to Toyota Financial Service, Tata Motor Finance, AU Finance, Shriram Finance, Mahindra Finance and so on.
- How long does the whole process take?
- If all the documents are in order your loan process moves fast. The delivery of the car, completely depends on the inventory with the dealers.
- What all documents do I need to establish for loan processing?
- Most banks look out for your Bank Statements, Income Tax Returns, ID Proof and Address proof. The best people to give you more details are the banks and the financiers.
- Is it necessary to have an account with the bank from which you take loan?
- There is no such compulsion for you to have an account with the bank. Normally banks have no problem in giving loans to people who do not have an account with them. However there may be certain privileges you may enjoy with having an account of the same bank you take a loan from.
- What if I do not have a good credit history?/ What if I do not have Tax Return? What if I cannot arrange a guarantor?
- If your profile does not match the bank’s requirement you can reinforce it by bringing in a co-applicant /guarantor who matches the requirement. No issues, we have private financiers viz Mahindra Finance, AU Finance who can help you with your process.
- What will be the loan repayment (EMI) period?
- Generally repayment/EMI period is 4-5 years.
- Ok I’m interested .What’s the Uber process to avail the schemes ?
- The process is very simple. First meet the dealer and financier/bank and then book your car, get a booking slip and get that to the Uber onboarding office). On showing the booking slip to a representative, you will be given a comfort letter. This comfort letter has to be given to the dealer and financier. Then you make your payment to the dealer and sign a contract with the financier.
- Why is this comfort letter required? Does it cost any money?
- We do not charge for the comfort letter. It helps you get the best possible schemes in the market which are extended exclusively to Uber.
Leasing
XLI
- Xchange Leasing India Private Limited (XLI) is a privately owned firm which has partnered with Uber in India to lease out cars to Partners on the Uber Platform.
- This option is for people who cannot buy their own car due to certain market issues like high interest rates and down payment, lack of strong credit history, no guarantor, etc.
- XLI buys cars on its name and leases them out to Partners who can drive it on Uber and start earning independently.
How does leasing work
- Interested Partners are sent through a QC process , passing which they are given the car on lease for 3 years.
- Partners need to pay a certain deposit amount which is refundable after 3 years and a hassle-free and low weekly rental which is deducted from the Uber payment itself.
- Less formalities and easy payments make this the most sort after option for Partners looking to get a vehicle to drive on Uber.
Documents Required For Registering On Uber
DRIVER |
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PARTNER |
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VEHICLE |
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Documents Required For Police Verification
MUMBAI |
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NAVI MUMBAI |
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THANE CITY |
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THANE RURAL |
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PALGHAR |
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Contact Us
Office Address for on-boarding, vehicle financing and leasing:
- Kurla: Unit 4, First Floor, Centrium, Phoenix Market City, LBS Marg Kurla (West)
Office Address only for on-boarding:
- Thane: Shop No. 146, High Street Mall, Old Agra Road, Near C.P. Goenka School, Sai Nagar, Majiwada junction, Thane (West)
- Andheri: C-210, Aptech Limited, Twin Arcade, Opp. Shugun Hospital, Marol, Military road, Andheri (East)
- Malad: A-210, Hemu Classic, above LIC branch office, opposite New Era Theater, SV road, Malad (West)
Reach us at: 02233992233
Posted by Paarmi
Get a ride when you need one
Start earning in your city
Get a ride when you need one
Start earning in your city
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