HMSI has tied up with Punjab National Bank to provide finance options for Honda’s two-wheelers across the country.
Customers can now buy a Honda product at an industry lowest 12.25% finance interest rate and save up to Rs. 10,000 compare to other loan options in the market (on an average loan tenure of 3 years for Rs. 50,000).
Customers can now avail finance options up to 90% value of the two-wheeler with zero processing and documentation charges. Loan tenure can be now extended to 5 years for repayment.
Launching such a scheme during the festive season will attract a few more customers who are looking at better value for money, and cheaper interest rate on loan.
This move is a part of Honda’s strategic Wave 2.0 blueprint to increase rural sales footprint.