Honda ties up with L&T Finance for two-wheeler loans

30 January 2014, 12:23 PMNinad Ambre
Honda ties up with L&T Finance for two-wheeler loans


Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) has announced their tie-up with L&T Finance holdings. They have allied with Family Credit Ltd, which is a wholly-owned subsidiary of L&T Finance Holdings Ltd. Through this partnership they will offer loans to two-wheeler customers all over India. 

L&T Finance provides a wide range of financial products and services covering areas of trade, industry and agriculture. HMSI had earlier linked itself with co-operative and Gramin financial institutions for retail finance facility in North-West of India majorly in the states of Punjab, Rajasthan and Uttar Pradesh.

Customers across the country should seek advantage from this association of both companie as L&T Finance has a wide network through which they can make loans easily available while providing attractive offers. These benefits contain features like attractive interest rates, simple documentation process, customised repayment options, repayment tenure of up to 48 months, personalised services and pan-India network. The loan scheme gives salaried and self-employed individuals different financing alternatives. Buyers can take advantage by acquiring a loan amount of up to 90 per cent of the value of a Honda two-wheeler.

G C Rangan, COO, L&T Finance, said, “The strategic tie-up with Honda will boost to increase the potential of owning a two wheeler. L&T Finance’s continuous effort is to endHero MotoCorp to showcase over a dozen new models at Auto Expo".


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