AMC(Annual Maintenance Contract)
An annual maintenance contract (AMC) is an agreement with a service provider for repair and maintenance of property used by your company. While an annual maintenance contract is a great way to cover basic service on products, a comprehensive service contract (CMC) covers any additional spare parts, labor, or transportation costs that come up for techs while servicing those products.
Annual Maintenance Contract is a facility provided to a Commercial Vehicle buyer wherein TML provides maintenance and repair services to the customer at the specified National Highways through the Service outlets of its authorized dealers or Tata Authorized Service Stations