Finance

Maruti Suzuki ties up with IndusInd Bank, Loan at 100% on-road Price

Maruti Suzuki India has partnered with IndusInd Bank to offer attractive finance schemes to help customers buy cars.

Ankita Bohra

Maruti Suzuki India has partnered with IndusInd Bank to offer attractive finance schemes to help customers buy cars.  Currently, in view of the Covid-19 pandemic scenario, IndusInd Bank has offered funding at low EMI scheme, step-up and balloon payment options and 100 per cent on-road vehicle pricing.

Shashank Srivastava, Executive Director (Marketing & Sales), Maruti Suzuki India, said, "IndusInd Bank is one of our leading finance partners. This collaboration is aimed at providing support to our customers which is liquidity in the prevailing Covid-19 scenario  We are facing shortages. With the bank's expertise in lending to various types of customers, especially without income proof, we are extremely confident of MSIL's facilitating support for both rural and urban customers. "

Maruti Suzuki has already tied up with Mahindra Finance and HDFC to provide financial support to its customers.  In fact, the company has announced various financial schemes such as Buy Now, Pay Later offers, which include on-road funding of up to 90 per cent and long-term loans.  Maruti Suzuki states that these partnerships aim to provide customers with customized auto retail financing solutions, thus promoting personal mobility.

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