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Honda Cars India partners with the Bank of Maharashtra, offering financing schemes

  • Posted by Rakhi Jha On 27-Oct-2021 04:59 AM


Honda Cars India partners with the Bank of Maharashtra, offering financing schemes


The New Initiative has been taken by Honda Cars India Ltd To give affordable Schemes to the Honda Customers. Honda Cars have partnered with the Bank of Maharashtra to introduce affordable schemes to multiple buyers, which would help them to avail finance schemes with low Rate of Interest (ROI) and hassle-free sanction of loans on purchase of new Honda Amaze, Honda Jazz, Honda WR-V and Honda City. With this tie-up, customers will benefit from the Bank of Maharashtra’s signature product “Maha Super Car Loan”.


Rajesh Goel, SVP & director- marketing & sales, HCIL said, “This tie-up with the Bank of Maharashtra will strengthen our efforts to offer affordable and accessible personal mobility solutions to a diverse set of valued customers. With a wide network of Bank of Maharashtra and Honda’s advanced technology product range, this partnership will mutually benefit each other and result in deeper penetration of the market. Customers can take the benefit of a lower ROI and hassle-free experience of car finance to purchase their much-awaited dream car this festive season.”

The major benefits include finance up to 90 per cent of the cost of the vehicle, low ROI starting from 7.05 per cent, hassle-free sanction with turn-around-time of 48 hours, concession on ROI for the corporate salary account holder and existing housing loan borrower, nil processing fee till December 31, 2021, no pre/ part payment charges, etc. Car loans up to 80 per cent of the cost of the vehicle will also be available for companies registered as corporate clients.

By Using this method, the Buyers would definitely take the stress-free advantages and can purchase the car, which they have been praying for long.