INSUBCONTINENT EXCLUSIVE:
Ola on Tuesday revealed that it is waiving away lease leasings, similar to an EMI, for driver partners who operate cars owned by firm's
subsidiary, Ola Fleet Technologies under its leasing program
We can confirm that we are fully forgoing away lease services, similar to an EMI, for driver partners that run lorries possessed by Ola's
subsidiary, Ola Fleet Technologies under its leasing program, the business said in a statement
Driver-Partners that are currently in distress due to the temporary lockdowns to detain the virus of COVID-19, will certainly stand to
profit with the decreased financial worry throughout these times, it added.Under its leasing program, Ola provides chauffeurs an alternative
to take a lasting lease for an automobile by billing a deposit and a daily leasing quantity between Rs 700-Rs 1,150 depending on the city
At the time of leasing, Ola Fleet Technologies bills Rs 4,000 as non-refundable cost and also Rs 21,000-Rs 31,000 as refundable protection
deposit depending upon the vehicle type
Further our benefits on insurance policy for drivers and also their partners against loss of revenue due to tightening of COVID-19 along
with other medical assistance during this time around, will certainly remain to be provided to all our driver-partners across the country,
said the company.Earlier, the business introduced that all its qualified driver-partners as well as their spouses if detected favorable for
COVID-19 shall be covered by an amount of Rs 30,000 under which they can obtain a payment of Rs 1,000 each day for a maximum of 21 days.This
quantity will consist of healthcare facility and also home quarantine suggested by a qualified doctor, as accepted by the Government
standards from time to time.Drivers can make an insurance claim for this settlement for themselves as well as( or)their spouse by giving
ideal clinical papers.(This story has actually not been modified by TheIndianSubcontinent team and is auto-generated from a syndicated
