• 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…

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