Chola Repo Kit

Cholamandalam Investment And Finance Company Ltd.
‘Dare House’, First Floor, 2, N.S.C. Bose Road, Chennai – 600 001, India.
Tel: +91-44-30007172 Fax: +91-44-25346464
Website: Www.Cholamandalam.Com
SEZ/AUTL/FORM 02
AUTHORISATION LETTER TO REPOSSESS THE VEHICLE
Date:_________
To,
Sub: Authorisation to repossess the vehicle
Asset Make:
Regn. No.:
Borrower:
We hereby authorize you to repossess the above mentioned vehicle, in a peaceful manner, from the custody of
our customer whose details are given below:
Borrower’s Address:
This vehicle is being repossessed since the said customer committed default in payment of his installments due to
us under agreement No. ____________________________ entered into with us.
While repossessing the vehicle, please ensure that the repossession is peaceful and get a sign off from the
customer/custodian stating that there is no cash / valuable goods in the vehicle. Our company shall not be
responsible for any claims thereafter, in this connection.
We request you to handover a copy of this letter to the customer.
This letter is valid till end of this month.
Thanking you,
Yours faithfully,
For Cholamandalam Investment & Finance Company Limited.,
Authorised Signatory.
There is no Cash / valuable goods in the vehicle at the time of

repossession and the repossession has been peaceful.
Name of Custodian of the vehicle:

Signature of the custodian :
Tel: +91-44-30007172 Fax: +91-44-25346464
INTIMATION TO POLICE BEFORE TAKING POSSESSION OF THE VEHICLE
Date:_________
The Inspector of Police,
____________________ Police Station.
Dear Sir,
Mr _________________ had availed financial facility from us under the Agreement No. ________________________ for
the purchase /Refinance of the vehicle __________________ bearing Reg. No. ________________. Contrary to the
contractual obligations, Mr.___________________ has committed default. Despite repeated requests and reminder the
borrower has not come forward to clear his dues under the said agreement. The customer is due and payable to us as on
__________ a sum of Rs.___________________. In the above circumstances, in exercise of our vested right under the said
agreement, we are taking possession of the vehicle as detailed below::
Name of the Borrower:
Address:
Vehicle:___________________ Model:________________ Regn. No.____________________
Chassis No.____________________________Engine No.__________________________
We authorize Mrs/ Mr. ______________________________ our service provider to take possession of the
vehicle___________________ and hereby request you not to entertain any complaint from the customer Mr.
____________ in this regard.
Thanking you,
Yours truly,
For Cholamandalam Investment and Finance Company Limited,
Authorised Signatory
Tel: +91-44-30007172 Fax: +91-44-25346464
INTIMATION TO POLICE AFTER TAKING POSSESSION OF THE VEHICLE
Date:____________
The Inspector of Police,
______________________ Police Station.
Dear Sir,
Ref: Our communication dated………………………
Sub: Vehicle:_______________________ Model:____________________ Regn. No.____________________
Chassis No._________________________ Engine No._____________________________
With reference to the above, we hereby bring to your kind notice and information that we have taken possession of the
subject mentioned vehicle on………………at…………………….., in peaceful manner and in accordance with our rights
vested under the Loan Agreement executed with the borrower Mr………………………..
Subsequent to taking possession of the vehicle, we have taken inventory of the vehicle and are intimating the borrower of
the fact of having taken possession of the vehicle enclosing a copy of the inventory if the vehicle.
Thanking you,
Yours faithfully,
For Cholamandalam Investment & Finance Company Limited,
Authorised Signatory
Tel: +91-44-30007172 Fax: +91-44-25346464
SEZ/IPS/FORM 05
POST-SEIZURE INTIMATION TO POLICE STATION
SEZ/INV/FORM 06
INVENTORY OF THE VEHICLE
Agreement No.: Customer Name:

Sl. No. Particulars Status
1 Seizure /Surrender Date
2 Seizure Agent Name
3 Vehicle Registration No.
4 Vehicle Chassis No.
5 Vehicle Engine No.
6 Vehicle Model / Make/ Colour
7 Sp. Metre Reading (Kms)
8 Original RC Book
9 Insurance Policy / valid upto
10 Tax Card
11 Tax paid upto
12 Permit Renewal upto
13 F.C. Due on
14 Original RC / Insurance – avl. Or not
15 Whether RC / Insurance can be collected from customer if yes
specify the date before which it will be collected
16 Name and place of parking yard
17 Parking expenses per day
18 Vehicle inspected by
19 Vehicle key is kept with
20 Tinkering work to be done or not
21 Tyre make & condition Front and Rear
22 Body type and condition
23 Number of wheels
24 Air conditioner avl. Or not
25 Jockey with rod avl. Or not
26 Tool set avl. Or not
27 Rear View mirror
28 Stephnee (Disc & tyre)
29 Tarupaulin & rope
30 Tutor / Amplifier av. Or not.
31 Stereo set
32 Battery
33 Seat covers
34 Wiper
35 Any other specific item
36
37
38
39
Seizure Agent Signature: Driver Sign.: Yard Incharge Sign:

Seizure Agent Name: Name: Name:
Yard Seal.

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Cholamandalam Investment And Finance Company Ltd.

Sub: Authorisation to repossess the vehicle

We request you to handover a copy of this letter to the customer.

This letter is valid till end of this month.

There is no Cash / valuable goods in the vehicle at the time of

Name of Custodian of the vehicle:

INTIMATION TO POLICE BEFORE TAKING POSSESSION OF THE VEHICLE

The Inspector of Police,

____________________ Police Station.

Name of the Borrower:

Vehicle:___________________ Model:________________ Regn. No.____________________

Chassis No.____________________________Engine No.__________________________

For Cholamandalam Investment and Finance Company Limited,

INTIMATION TO POLICE AFTER TAKING POSSESSION OF THE VEHICLE

The Inspector of Police,

______________________ Police Station.

Ref: Our communication dated………………………

Sub: Vehicle:_______________________ Model:____________________ Regn. No.____________________

Chassis No._________________________ Engine No._____________________________

For Cholamandalam Investment & Finance Company Limited,

Agreement No.: Customer Name:

Seizure Agent Signature: Driver Sign.: Yard Incharge Sign:

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Vehicle:_ Model: Regn. No.__

Chassis No.__Engine No.

Sub: Vehicle:___ Model: Regn. No.

Chassis No._ Engine No._____