Maruti Suzuki Partners With Mahindra Finance To Bring Easy Car Finance Schemes
Maruti Suzuki has joined hands with Mahindra Finance to ease the finance availability for customers looking at personal mobility solutions during ongoing COVID-19 pandemic.
Under the tie-up, Maruti Suzuki customers can avail wide options for getting their car financed from Mahindra Finance including:
Speaking on the partnership with Mahindra Finance, Shashank Srivastava, Executive Director (M&S), Maruti Suzuki India said, “Mahindra Finance is a very well networked NBFC across India and has the expertise in lending across all profiles including semi-rural, rural and no-income proof customers. More than one-third of Maruti Suzuki’s retail sales come from rural India. We are extremely confident that this alliance with one of India’s largest NBFCs will help in increasing easy finance availability to our customers in the current challenging situation arisen due to COVID-19 pandemic. Customers will benefit from the range of offers like Buy now and Pay Later, Step Up EMI, Balloon EMI etc”.
Speaking on this strategic alliance, Ramesh Iyer, Managing Director, Mahindra Finance, said “We believe that demand in rural will revive the fastest on the backdrop of a good monsoon expectation and less impact of the current pandemic. We are geared up to support and service all customers in these markets. Maruti Suzuki has been a very close and important partner to us. We believe providing solution is more important than just offering credit. With our wide spread branch network serviced through employees recruited locally we will be able to become a solution provider instead of only a financier to these rural customers”
