Honda Cars India Joins Bajaj Finance To Offer Finance Solutions

Mobility Outlook Bureau
08 Aug 2023
03:18 PM
1 Min Read

The partnership will help Honda customers with car finance schemes with lower interest rates and hassle-free quick sanction of loans on the purchase of Amaze, City and soon-to-be-launched Elevate.


Honda
(L-R) Kunal Behl and Siddhartha Bhatt

Honda Cars India has partnered with Bajaj Finance to offer finance solutions for its customers with lower rates of interest and hassle-free quick sanction of loans on the purchase of Amaze, City, and soon-to-be-launched Elevate.

A press release from the carmaker noted that both parties are confident that the collaboration will strengthen their position in the market and reaffirm their shared mission of providing auto financing solutions to customers.

Under this partnership, Bajaj Finance will provide Honda customers with customised retail finance schemes with the introduction of the Flexi Pay Scheme & digital-first experience, including up to 100% on-road funding, providing a low rate of interest starting from 8.75%, hassle-free sanction with lower turnaround time as low as 30 min, among others. To ensure greater convenience, the entire financing process will be enabled through a digital customer journey for the loan disbursement process.

Kunal Behl, Vice President, Marketing & Sales, Honda Cars India, noted that the alliance allows the company to offer more financing options to its customers and enhance their ownership experience.

Siddhartha Bhatt, Chief Business Officer, Bajaj Auto Finance, said, “Through our digital-first approach & affordable solutions (flexi loans), we strive to make car buying incredibly easy and affordable for our customers.”

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