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Hyundai will offer digital finance schemes to customers jointly with Axis bank

Written by Nayak

Axis Bank has announced that it is going to partner with Hyundai Motor India Limited (HMIL) to streamline its online financing solutions by offering its financial solutions on Hyundai’s ‘Click to Buy’. With this platform, customers will be able to view all the information related to automotive loan from the comfort of their home. This platform will help customers to avail automotive loan sanction directly on Hyundai’s CTB (Click to Buy) online facility.

Hyundai confirmed that this new electronic facility will be offered to both the urban as well as the rural market. This idea of ‘one-stop-shop’ will aid the customers to acquire the requisite finances to buy a new Hyundai car and hence improve the overall customer satisfaction. In the current situation with the rising cases of Covid, it is advisable to stay at home and thus Axis Bank says that this new facility will help customers avail a pre-approved loan without visiting any of their branches. Hyundai aims in providing a contactless, safer and convenient way of car purchase and is planning to bundle some lucrative offers with this platform to grab the attention of the potential buyers. In total, Hyundai says that it has received around ‘7 million visitors’ of which 47,000 have registered for the ‘Click to Buy’ programme.

A lot of other carmakers are starting to increase their investments for building a robust online platform as we move forward to a more connected and digitalized world. With this new facility, Hyundai will aim to provide a very convenient flow of new car buying process starting from car research to online loan sanction and finally the delivery of the car at the customer’s doorstep.

Hyundai Motors put on a very strong sales report for the month of December 2020. The South Korean automotive company rolled out around 70,000 units from its Chennai factory making it the highest ever production in a single month of all time. For 2021, the notable launches which are scheduled for HMIL are; the 7-seater version of Creta and there are rumours that Hyundai is planning to launch a micro-SUV to take on the Maruti Suzuki S-Presso.