India’s largest car manufacturer Maruti Suzuki India on Friday has announced the launch of Maruti Suzuki Smart Finance (MSSF) across India with 14 financing partners offering tailored financing options for the clients.
The dealership across Arena and Nexa can finance cars online across India.
MSSF is a unique online finance portal that enables customers to customise their car buying experience with a range of options.
These options include choosing the right financial partner, choosing the most suitable loan product, filling out all finance-related papers, and paying off the loan online.
To make online car financing even more comprehensive, MSSF offers an integrated exchange trip for customers, which enables customers to receive an appraisal of their old car in the event of a replacement purchase. Besides, it also offers the option of co-applicant financing, which covers a wide range of customer profiles.
Shashank Srivastava, Senior Executive Director (Marketing & Sales), Maruti Suzuki India, said, “Even before walking into a car dealership, most potential buyers already start their shopping process online -- browsing cars and finance options. Keeping in view the changing customer behaviour, we have launched MSSF.”
MSSF has tied up with HDFC Bank, ICICI Bank, Yes Bank, Axis Bank, State Bank of India, IndusInd Bank, Bank of Baroda, Karur Vyasa Bank, Cholamandalam Finance, AU Small Finance Bank, Mahindra Finance. Kotak Mahindra Prime, Sundaram Finance and HDB Financial Services.
The company plans to add more financial and structured finance products in future expansions to provide customers with an unprecedented auto finance experience.