Honda Cars Partners with Bank of Maharashtra for Vehicle Finance Solutions, Auto News, ET Auto
New Delhi: Honda Cars India Ltd (HCIL) announced on Tuesday that it has partnered with Bank of Maharashtra to offer vehicle finance programs to potential car buyers. The partnership will help customers benefit from auto finance programs with a low interest rate and quick, hassle-free sanctioning of loans with the purchase of new Amaze, Jazz, WR-V and City, the automaker said in a statement.
“This merger with Bank of Maharashtra will strengthen our efforts to deliver affordable and accessible personal mobility solutions to a diverse set of valued customers,” said Rajesh Goel, vice president and director (marketing and sales) of Honda Cars India.
With a large Bank of Maharashtra network and Honda’s advanced technology product line, this partnership will be mutually beneficial and result in deeper market penetration, he added.
With an emphasis on semi-urban and rural areas in addition to urban markets, HCIL has strived to make purchasing this festive season more attractive and rewarding for its customers.
HCIL has recently partnered with several financiers such as PSU banks, retail financiers and NBFCs to improve the car buying experience for its customers.