Maruti Suzuki partners with ICICI Bank, to offer retail financing schemes to customers
The country's largest carmaker Maruti Suzuki India (MSI) on Tuesday said it has joined hands with ICICI Bank to offer retail financing schemes to its customers
New Delhi: The country's largest carmaker Maruti Suzuki India (MSI) on Tuesday said it has joined hands with ICICI Bank to offer retail financing schemes to its customers.
As part of the tie-up, ICICI Bank is offering flexi EMI scheme which enables customers to pay low EMI initially, in order to help them overcome the liquidity stress due to the COVID-19 pandemic, the auto major said in a statement.
The EMI amount starts from Rs 899 on a loan of Rs 1 lakh for the first three months. The bank is also offering similar other EMI plans for MSI customers.
— CNBC-TV18 (@CNBCTV18Live) May 26, 2020
With Maruti Suzuki's over 3,000 outlets and ICICI Bank's extensive network of over 5,380 branches across India, the offer will definitely benefit the customers of all profiles who are willing to buy a car, it said.
"While fighting the prevailing COVID-19 crisis, we also need to help customers with attractive auto retail financial solutions," MSI Executive Director (M&S) Shashank Srivastava said.
Low down payment, low EMI products will definitely help aspiring customers to have their own personal mobility solution, he added.
"We believe the association with ICICI Bank for providing attractive and lucrative financing solutions will definitely benefit our customers," Srivastava said.
Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.
LaLiga: Fans to be asked to wear face masks, avoid hugs and high-fives when they're eventually allowed in stands
Fans will have their temperature checked and will need to wear face masks when they are eventually allowed back into football stadiums in Spain, according to protocol guidelines sent to clubs.
Maharashtra govt launches 'world's largest' plasma therapy project for COVID-19 patients; trials to be held in 21 medical colleges
The project, titled 'Platina', is the largest convalescent plasma therapy-cum-trial project in the world, a state medical education department official said
COVID-19-hit US unlikely to be in EU's list of safe countries as Europe prepares to reopen to foreigners
European Union envoys are close to finalising a list of countries whose citizens will be allowed to enter Europe again, possibly from late next week, EU diplomats confirmed Saturda