- Maruti and Mahindra Finance have tied-up to offer new finance schemes
- Measures being taken to encourage and tap into demand
The country’s largest carmaker, Maruti Suzuki, has tied up with Mahindra Finance, one of the leading non-banking finance companies (NBFC) in India, to provide new finance options and schemes in a bid to encourage sales.
Under the tie-up, the offers now available to Maruti Suzuki car buyers via Mahindra Finance include:
- Buy now and pay later: Moratorium scheme of two months to help customers manage their cash flows
- Step up EMI: Unique step up option at a frequency of six months
- Balloon EMI: Customer to pay 25 percent of the contract value as last EMI
- Agricultural customer schemes, including quarterly EMIs
- Low down-payment scheme
- Other highlights of the retail loan scheme include on-the-spot approval for both salaried and…
