Suzuki Motorcycle Inks MoU With Bajaj Finance For Personalised 2W Financing

Suzuki Motorcycle India (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation, Japan has inked a Memorandum of Understanding (MoU) with Bajaj Finance (BFL) to provide quick financing on the purchase of Suzuki two-wheelers. 

The company is hopeful that this partnership will enable customers to avail round-the-clock, easy, and hassle-free retail financing options on the purchase of the Suzuki two-wheelers.

The MoU will also provide additional benefits to customers. These benefits include vehicle loan sanction within minutes and hassle-free documentation.

Commenting on the partnership, 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 Bajaj Finance 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.

Amit Raghuvanshi, President of Personal Loans & Sales Finance at Bajaj Finance, said: “With our customer franchise of 69 million, the partnership with Suzuki Motorcycle enables us to deliver a superior digital experience and a wider suite of financial solutions to our customers.”