FPC Policy
The Fair Practices Code (FPC), as adopted herein TVS Credit Services ltd, is in conformity with the guidelines on Fair Practices Code for non-banking finance companies (NBFCs) as prescribed by the Reserve Bank of India
Know your customer (KYC) documents to be obtained as per the Reserve Bank of India Regulation.
TVS corporate governance
The philosophy on Corporate Governance of TVS Credit Services Ltd is to achieve highest standards in ensuring transparency, accountability, equity, professionalism, risk management and code of ethics in all its operations with all stakeholders, which includes the customers of the company.
Interest rate and Gradation of risk
The rate of interest and gradations of risk and the rationale for charging different rate of interest to different categories of borrowers.
Repossession Of Vehicles Financed
As per guidelines issued by RBI, the Company has included a built in re-possession clause in the loan agreement with the borrower which is legally enforceable
RPT Policy
As per guidelines by RBI, details of all material transactions with related parties has been disclosed in the annual report and the company has disclosed the policy on dealing with Related Party Transactions on its website and also in the Annual Report.