- Rs 5,000 plus savings for Honda customers
- Zero down-payment and low EMI schemes
- Loan repayment tenure of up to 36 months
To address the increasing cost of purchasing/ownership of new two-wheelers, Honda 2Wheelers India has announced an MoU with Tata Capital Finance Services Limited, as a new retail finance partner for its customers.
Under the new deal, Honda customers can avail benefits on attractive interest rates, loan up to 100 per cent of two-wheeler value and low EMI schemes depending on the customer eligibility. Furthermore, customers can also opt for a loan repayment period for up to 36 months, making it comfortable to pay the monthly instalments.
Meanwhile, being a preferred financial partner by Honda, Tata Capital will provide Honda customers with smoother and quicker disbursals with minimum documentation before topping off with extra savings of up to Rs 5,000, on an average loan. The already exorbitant costs of vehicle ownership is further set to spike with the transition to BS-VI norms. Consequently, Honda believes more customers will consider financing options for their purchases in the future. With several buyers wanting to purchase a new two-wheeler, Tata Capital’s loan schemes cater to first time buyer with attractive financing schemes and EMI options.