Suzuki Motorcycle India Joins SMFG India Credit For Seamless 2W Financing

Mobility Outlook Bureau
19 Jan 2024
11:55 AM
1 Min Read

This collaboration positions SMFG India Credit as the preferred financing partner, ensuring around-the-clock access to retail financing for Suzuki two-wheelers.


Suzuki 2W

Suzuki Motorcycle India Private Limited has joined forces with Sumitomo Mitsui Financial Group (SMFG) India Credit Co. Ltd. to offer streamlined and hassle-free financing options for Suzuki two-wheeler enthusiasts. The Memorandum of Understanding (MoU) aims to provide customers with efficient retail financing solutions, reinforcing Suzuki's commitment to enhancing the purchasing experience.

Under the MoU, customers will benefit from swift vehicle loan approvals, minimal documentation requirements, and a user-friendly process.

Managing Director of Suzuki Motorcycle India, Kenichi Umeda, expressed the importance of associating with financiers who can simplify the purchasing process, aligning with the company's growth plans in the Indian market. 'We aim to offer flexible yet straightforward retail finance options, meeting the needs of our customers. Our partnership with SMFG India Credit is a significant step towards enhancing our ability to cater to the evolving demands of our growing customer base in India and supporting our overall growth plans,' he added.

The collaboration promises customers faster approval processes, competitive interest rates, and a variety of easy scheme options. SMFG India Credit ensures 24x7 operational support, digital login facilities, and pre-approved offers to add convenience to the financing experience.

Ajay Pareek, Chief Business Officer, SMFG India Credit Co, highlighted the collaboration as aligning perfectly with their mission of being a preferred choice in the financial services sector and a partner for progress. The diversified NBFC aims to offer tailor-made financial products beyond two-wheeler loans, supporting customers in achieving personal and business goals.

Pareek expressed enthusiasm for the partnership and the prospect of jointly serving millions of customers across India, reflecting the shared commitment to excellence and customer-centric financial services.

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