MARUTI SUZUKI INDIA PARTNERS WITH KARUR VYSYA BANK
Maruti Suzuki India partners with Karur Vysya Bank
Automobile Giant Maruti Suzuki India (MSI) has partnered with Indian Karur Vysya Bank to offer simple and flexible financing schemes for it’s wide customer base in India.
This partnership is about to bring some beneficial schemes for the customers. The prospective buyers can in the future avail a special scheme of up to 100% on road funding with six months holiday period on all models except the EECO Van.
The partnership will also offers car loans to salaried as well as self employed customers. The most amazing news is that the loan interest rate will be below 10% and the repayment period will be available for around 84 months.
Apart from low interest rates and greater repayment period, the partnership will offer loans to customers with non-income proof as well.
MSI Executive Director Shashank Srivasta in his statement said that in the prevailing circumstances and the dynamic business environment, it is important to take action and provide some customer centered financial products and schemes.
The Partnership will prove out to be very beneficial for the Indian consumers. Owing a car will now become easy and with attractive EMI options with holiday period, the current covid crisis will not affect it.
Maruti Suzuki is the leading automobile company in India with around 3,086 retail outlets in 1,964 cities in India and Karur Vysya Bank has around 780 branches across 22 states in India.
Consumer convenience will be the outcome of this partnership. Karur Vysya Bank approves digital loans in 15 minutes and the amount is sanctioned in 1-3 working Days.
Maruti Suzuki-Karur Vysya partnership will definitely capture a larger market in future. Customers can avail the schemes from 1st September, 2020 at 12:00 am IST.