Dedicated Account Manager
A single point of contact for programme design, renewals and ongoing support.
Employee Lease
Employee Car Lease for Companies in India
Give employees the freedom to drive their preferred vehicle while helping organisations optimise compensation structures and improve employee satisfaction with a structured MYLEASE employee car lease programme.
Understanding the Model
What is Employee Lease?
Employee Lease is a long-term vehicle leasing solution where the employer provides a leased vehicle as part of the employee's compensation package.
Employees enjoy tax efficiency, lower monthly costs, and a hassle-free ownership experience while employers benefit from improved employee retention and simplified fleet administration.
Programme design
How employee car leasing works with MYLEASE
Employee car lease (often structured alongside salary and entitlement banding) lets eligible employees drive a brand-new vehicle for a fixed tenure while the organisation retains policy control. MYLEASE designs grade-based vehicle categories, tenure and inclusions with HR and finance, then manages procurement, registration, insurance options and lifecycle support through a dedicated relationship manager and MYLEASE One.
Compared with ad-hoc reimbursements or personal loans, a corporate employee lease programme creates a clearer mobility benefit, reduces admin for HR teams, and keeps monthly costs more predictable for both employer and employee. Typical tenures run 24–60 months depending on vehicle category and policy.
Finance teams gain transparent proposals and operating-expense style rentals in many structures; employees get a newer car without residual-value risk at end of term. For a deeper talent and retention view, read our guide on how employee lease programmes improve retention.
Employee car lease FAQs
It is designed for Indian organisations that want to offer a structured vehicle benefit to eligible employees — commonly managers and above — without running a full owned fleet.
Yes. MYLEASE helps HR and finance define vehicle categories, tenure and inclusions aligned to grade policy so employees choose within a clear band.
Employees and admins can renew, upgrade or return the vehicle as per the programme. MYLEASE supports end-of-lease assessment and handover steps.
Benefits for Employees
- Lower monthly outflow
- Tax-efficient salary structure
- Drive a new vehicle
- No resale risk
- Comprehensive maintenance
- Insurance included
- Road tax managed
- Upgrade at the end of tenure
Benefits for Employers
- Attractive employee benefit
- Better retention
- Reduced administration
- Predictable mobility costs
- Centralised fleet management
- Nationwide support
MYLEASE Advantage
The consultative support, digital tools and nationwide network behind every MYLEASE programme.
Digital MYLEASE One Platform
Manage vehicles, documents and service requests through one secure corporate platform.
PAN India Network
Consistent procurement, servicing and support across major cities nationwide.
Transparent Pricing
Clear lease proposals with standard inclusions and optional services outlined upfront.
Flexible Lease Tenure
Programme structures aligned to employee entitlements and organisational policy.
Multi-brand Vehicle Options
Brand-new vehicles from authorised dealerships across leading passenger and executive categories.