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Honda announces new finance schemes, up to 90% loan

Written by Nayak

Honda Cars India Limited has tied up with Canara Bank to offer its customers a host of financial schemes. These special schemes are set up keeping in mind the upcoming festive season that will enable the customers with easy financing options. Along with Canara Bank, Honda has set up partnerships with multiple other banks to offer its customers a hassle-free and seamless car buying experience. In addition to this, Honda has also set up schemes with a special focus on semi-urban to rural regions. Festive seasons have always been favourable to automotive firms, as the sales boost up in this period. And these bank offerings will further help in attracting more customers to showrooms.

Financial Offers Under This New Partnership

Honda mentioned that customers would get a host of financial offerings that will facilitate their car buying options. This includes an attractive rate of interest, minimum processing charges, quick TAT for loan processing and more. There’s also a special concession rate of interest for women buyers. For customers wanting to avail of a car loan, Canara Bank will provide a maximum loan quantum of up to 90 per cent of the car’s total value, including registration. Customers will also get a maximum repayment period of 84 months, which helps in lowering the monthly EMI.

Honda Amaze Gets Facelift Update

Amaze has always been one of the most popular models from Honda. And to make the car even more attractive, Honda has recently given it a mid-life facelift update. The maximum of the changes is visible on the exteriors of the car. This includes a new front grille with two additional chrome strips, chrome garnish fog lamp housing and a new set of alloys. In the rear, the new C-shaped LED tail lamps look pretty attractive. As such, the rear profile is pretty much similar to the pre-facelift model. The VX trim now gets automatic LED projector headlamps with integrated LED DRLs, LED front fog lamps, 15-inch dual-tone alloys and chrome door handles.

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