Maruti Suzuki India Ltd. has partnered with Axis Bank car loans to provide easy car loans to its potential customers. According to Maruti Suzuki, the private lender Axis Bank is one of the key partners of the automaker for dealer inventory as well as retail financing solutions.
According to the tie-up, Axis bank will offer loans, including 100% finance on the on-road prices of the car for the salaried customers for 8 years. Other Offers include low EMI schemes starting at Rs 899, Step up scheme starting at Rs 1250 per lakh, and a balloon EMI scheme. The offer is valid till 31st July 2020.
The executive director of Maruti Suzuki India Ltd. has said “Concern over safety and maintaining social distancing has uptick the preference for having a personal vehicle. We are confident that this association with Axis Bank will help our customers in offering convenient, affordable, and cost-effective finance solutions for buying cars.”