Honda Cars India Offering Attractive Financing Schemes This Festive Season

In an endeavor to provide a fillip to the festive buying spirit, Honda Cars India Ltd. (HCIL) has partnered with Bank of Maharashtra to introduce attractive and affordable finance schemes for its customers. The partnership will help Honda customers avail exciting car finance schemes with low Rate of Interest and Hassle free quick sanction of loans on purchase of new Honda Amaze, Honda Jazz, Honda WR-V and Honda City.

With this tie-up, customers from diverse income groups like Salaried employees, Self Employed, Professional, Businessmen or Agriculturists will benefit from the Bank of Maharashtra’s signature product “Maha Super Car Loan”.

The major benefits include finance upto 90% of the cost of the vehicle, Low rate of Interest (ROI) starting from 7.05% (linked to RLLR), hassle free sanction with turn-around-time of 48 Hours, Concession on ROI for Corporate Salary Account Holder and Existing Housing Loan borrower, NIL Processing Fee (till 31st December, 2021), no pre/ part payment charges etc. Car loans upto 80% of the cost of the vehicle will also be available for companies registered as corporate clients.

Commenting on this partnership, Mr. Rajesh Goel, Senior Vice President & Director -Marketing & Sales, Honda Cars India Limited, said, “This tie-up with the Bank of Maharashtra will strengthen our efforts to offer affordable and accessible personal mobility solutions to a diverse set of valued customers. With a wide network of Bank of Maharashtra and Honda’s advanced technology product range, this partnership will mutually benefit each other and result into deeper penetration of the market. Customers can take benefit of lower rate of Interest and hassle-free experience of car finance to purchase their much-awaited dream car this festive season.”