Mahindra Financial Services’ vehicle leasing and financial subscription platform Quiklyz has announced the expansion of its services in 5 cities. Post the announcement, customers can check out Quiklyz and its financial services in a total of 13 Indian cities. The 5 cities in which the financial platform has made its entry are Ahmedabad, Kolkata, Manesar, Faridabad, and Ghaziabad. Quiklyz also stated that it aims to expand its presence across 30 Indian cities over the next three months.
In November 2021, Quiklyz launched its financial services across eight metro cities- Bengaluru, Chennai, Delhi, Gurugram, Hyderabad, Mumbai, Noida, and Pune. The company commented that it had witnessed excellent traction with its Retail Subscription plans since its launch across Indian cities. By offering services and Corporate lease products via its official website, Quiklyz has actively tried to shift the consumer mindset. This has allowed for more transparency and openness amongst customers regarding flexible vehicle ownership models by rapid expansion across India.
What is Quiklyz?
Quiklyz is a new-age digital platform that aims to provide great convenience, flexibility, and choice to customers across various geographies. Along with offering hassle-free access to vehicles, Quiklyz also provides services to both retail and corporate customers across the country. Under the corporate segment, the company aims to offer services for fleet operators, whereas the retail segment targets varied customers. These include individuals with a millennial mindset who are typically salaried and self-employed across the country.
Currently, Quiklyz has the most extensive portfolio of electric vehicles (EVs) on its leasing and subscription platform throughout India. This also includes vehicles from leading OEMs like Mahindra, Tata Motors, Mercedes-Benz, MG, Audi, and Jaguar on offer for customers. Quiklyz’s value proposition for its customers includes zero-down payment schemes and a wide range of subscription tenure options. It also offers a fixed monthly fee, white number plate, and RC in the customer’s name with no resale or maintenance hassle.
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Just a week ago, one of India’s largest automakers, Maruti Suzuki, announced its partnership with Quiklyz, facilitating its subscription model. This decision falls in line with the fact that car subscription models are getting increasingly popular across the country. Via the partnership, customers will receive a white plate subscription for the entire range of Maruti Suzuki vehicles in India.
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