Honda Cars India, IndusInd Bank To Offer Tailored Finance Schemes

Mobility Outlook Bureau
31 Aug 2021
06:35 PM
1 Min Read

The partnership aims to make it easy for customers to take advantage of bespoke financing solutions when purchasing Honda Amaze and Honda City, such as low EMI, Flexi term, up to 100% ex-showroom funding, and customised schemes for specific customer groups like farmers, etc.


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The Indian subsidiary of Japanese automaker Honda Cars India (HCI) has partnered with IndusInd Bank to offer customers a range of convenient, affordable, and tailored financing programmes to meet their diverse financing and payment needs. 

The partnership aims to make it easy for customers to take advantage of bespoke financing solutions when purchasing Honda Amaze and Honda City, such as low EMI, Flexi term, up to 100% ex-showroom funding, and customised schemes for specific customer groups like farmers, etc. According to Rajesh Goel, Senior Vice President & Director, Marketing & Sales, HCI, an increase in demand is anticipated in the near future.  

He said, “The partnership with IndusInd Bank is an extension of our efforts towards making personal mobility more accessible and affordable to a diverse set of customers, both salaried and self-employed. Leveraging IndusInd Bank’s wide network of distribution points and branches, we will be increasing our reach and penetration across the country while making the brand interaction and purchase process much easier for customers.” 

S V Parthasarathy, Head – Consumer Finance Division, IndusInd Bank, said, “Our association with Honda Cars India will further enrich customer experience and aid the journey to purchase their dream cars with our pocket-friendly financial schemes, warm customer service and extensive market knowledge. These lucrative and customised financial schemes can be availed by all customers through an easy documentation process followed by our network pan-India.”  

Given the festive period ahead, HCI has tied up with multiple financiers, including PSU banks, retail financiers and NBFCs, with a keen focus on semi-urban and rural regions, to offer competitive interest rates and flexible repayment options to enhance customer convenience during their car purchase. 

Special schemes have also been offered, which according to the company, will offer easy to buy options for customers in the prevailing COVID scenario, where more and more customers are opting for personal mobility to keep themselves safe and healthy.  

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