Suzuki Motorcycle India Collaborates With SMFG India Credit For Two-Wheeler Financing

Suzuki Motorcycle India entered into an MoU with SMFG India Credit Co. (formerly Fullerton India Credit Co.) to provide quick financing on the purchase of Suzuki two-wheelers. SMFG India Credit is registered as an NBFC-Investment and Credit Company (NBFC-ICC) with the Reserve Bank of India and a member of Sumitomo Mitsui Financial Group (SMFG).

The partnership will allow customers to avail of retail financing options round-the-clock on the purchase of a Suzuki two-wheeler. The MoU will also provide benefits such as vehicle loan sanction and easy documentation to the customers.

Kenichi Umeda, Managing Director, of Suzuki Motorcycle India, said, “The idea is to offer flexible yet easy retail finance offers, keeping in mind the needs of our customers. We are confident that our engagement with SMFG India Credit will be another step in enhancing our ability to cater to the needs of our growing customer base in India and thereby support our growth plans.”

As part of this association, customers can get faster approval with nominal documentation at a competitive interest rate. To add to this convenience, SMFG India Credit offers easy scheme options, digital login, 24×7 operational support and pre-approved offers.

Ajay Pareek, Chief Business Officer, SMFG India Credit Co. (formerly Fullerton India Credit Co.), said: “This collaboration aligns perfectly with our mission of being the company of choice in the financial services space and a partner for progress. Being a diversified NBFC, we are well poised to provide customers with a wide range of tailor-made products beyond two-wheeler loans, helping them achieve their personal or business goals. Keeping this in mind, we are deeply focused on partnering with top OEMs across key sectors. We are thrilled to begin this partnership and look forward to jointly serving millions of customers across India.”