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Honda announces special financing schemes this festive season

Written by Nayak

Honda Cars India announces its partnership with the Bank of Maharashtra ahead of the upcoming festive season. The carmaker aims to enable an array of attractive financial schemes for the customers. With this collaboration, Honda will provide the customers with a low rate of interest and hassle-free loan sanctions. These offers are applicable for Honda’s entire range of products, including Honda Amaze, Honda Jazz, Honda WR-V, and Honda City.

Festive seasons have always been a high spending period where customers tend to buy new products. With the pandemic hitting hard on the automotive companies, this festive season comes in as a saviour. Many automotive companies have announced their festive season offer hoping to increase their sales.

Financial Offers Under This New Collaboration

One of the marquee offerings of this tie-up is the ‘Maha Super Car Loan’. This will enable the customers to get finance up to 90% of the cost of the vehicle, Low rate of Interest (ROI) starting from 7.05% (linked to RLLR), no pre/ part payment charges, hassle-free sanction with turn-around-time of 48 Hours, NIL processing fee (till 31 st December 2021), concession on ROI for the corporate salary account holder and existing housing loan borrower and more. Furthermore, car loans up to 80% of the cost of the vehicle will also be available for companies registered as corporate clients.

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Honda Cars India sold a total of 6,765 units for September 2021. Japanese carmaker’s both its sedan offering, Amaze and City, continue to sell in good numbers. The sales figures are somewhat showing a positive trend post the unlocking phase. And with this festive season, the carmaker will expect the sales figure to reach a new high. Honda had recently launched ‘The Great Honda Fest’, to offer discounts for this festive season. This month-long offer scheme includes offers in the form of Cash Discounts, Accessories, Loyalty bonuses and unique Exchange benefits. This ‘The Great Honda Fest’ is valid only for the month of October.

Also Read: Honda Cars India sold 6,765 units in September ’21.