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Year-end festivities by Hero MotoCorp, Retail Finance Carnival

Written by AnantaSaranNayak

Hero MotoCorp announces the launch of Retail Financial Carnival for customers across the country. The financial festive offer entitles the customers to a host of offers. This includes zero down payment, zero interest rates and zero processing fee. This is a customer-centric approach that will help Hero MotoCorp to attract more customers to join the brand. Adding to the year-end celebrations, the Retail Finance Carnival will also boost the sales of Hero MotoCorp. In the recent few months, the sale of Hero MotoCorp along with other two-wheeler manufacturers has been somewhat low. But, with this financial carnival, the two-wheeler manufacturers aim to revive the sale.

Hero MotoCorp mentioned that this carnival would go on till December 31st. With an array of financial offerings, this carnival will provide the customers with freedom and increase their purchasing power. Along with the mentioned financial offerings, Hero MotoCorp will also provide other innovative financial offerings like Kishan Kisht, No Hypothecation and Suvidha (no bank cheque). To further streamline the loan approval process, Hero MotoCorp had previously launched an Aadhaar based loan application scheme. With this, the customers just need to provide their Aadhar card and become eligible for vehicle financing. To avail of all these services, customers can visit their nearby Hero MotoCorp outlet or online channels.

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Hero MotoCorp sold a total of 3.5 lakh units for November 2021. The world’s largest two-wheeler manufacturer sold a total of 3,29,165 motorcycles for the given period. Meanwhile, scooters accounted for about 20,208 units. With the growing sentiments of electric mobility in the country, it is just a matter of time until we see Hero MotoCorp’s offering in this segment. The two-wheeler manufacturer had mentioned that it plans to launch its range of electric vehicles under the brand name of Vida Electric. We did get a glimpse of the product back in August 2021. Hero MotoCorp mentioned that it will most likely launch its first EV by March next year.

Also Read: Hero MotoCorp’s EV range could be launched under Vida Electric.