Your dream of owning a two-wheeler is just one step away with Ride Finance
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.
#Gogreen #GoElectric with 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 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.
Easy Loan Process
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RAR Finance
Milestones
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, ‘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.
People Love to Talk about
Latest News And Events
How do dreams get a pair of wings to fly? The ‘Ride Finance’ Story.
Ride Finance Inaugurates New Branch in Davangere, Karnataka
Agreement with Shriram Transport
Get In Touch
We are here to help you with anything that you need. Fill the fields here to have a quick conversation with our customer support team.
Realize your dream of owning a Two Wheeler Today!
You have waited long enough for that dream ride of yours. With 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 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.
Reach Us
- support.deccan@myridefinance.com
- 044 - 28257575 / 28252625