Recently Maruti Suzuki tied up with Karnataka bank to offer attractive car loans to all the customers. The new attractive offers with Maruti Suzuki Car loan schemes will be an important strategy in attracting new customers.
Being one of the largest automakers in the country, Maruti Suzuki India tied up with Karnataka Bank to offer attractive car loan options to its customers. Customers can now avail themselves of the benefits across 858 branches of Karnataka Bank in any part of the country. The company signed a Memorandum of Understanding (MoU) with the Mangaluru-headquartered private sector lender. This scheme will also make it Maruti Suzuki car loan to be more attractive and VFM for the buyers.
If we talk about this tie-up, customers now can avail of 85% of the on-road price of all new vehicles from Maruti Suzuki ARENA and NEXA showrooms. Under this collaboration now customers can opt for tenure up to 84 months for their loans, Maruti Suzuki India (MSI) said in a statement.
Mr. Shashank Srivastava, Executive Director (Marketing & Sales), Maruti Suzuki India Limited, said “This partnership is aimed to make the vehicle buying journey easy and affordable for our customers. Rapid technological development and new digital consumer behaviors are determining auto sales across India. In FY2020-21, under the tie-up with partner financiers, we have financed more than 9.7 Lakh vehicles. We are confident that the latest tie-up with Karnataka Bank will help meet the diverse finance requirements of our customers.”
Sharing his thoughts about this partnership, Mr Mahabaleshwara M.S, Managing Director & CEO, Karnataka Bank, said, “This partnership with Maruti Suzuki India will boost the consumers’ convenience and ease, at the same time they can have the delightful experience of our digital car loan product, to fulfil their aspirations of owning world-class products from Maruti Suzuki. The partnership offers an unflinching commitment towards providing best in class services to our customers as well as the potential buyers of Maruti Suzuki vehicles.
Maruti Suzuki Car Loan
- Maruti Suzuki tied up with Karnataka Bank to offer attractive schemes to the new buyers
- Under this new scheme, the buyers can take up to 85% loan
- The maximum loan tenure can be up to 84 months
With this being said, what do you think about this tie-up? Do let us know in the comments box below. Also, join our exclusive AutoHunters Auto Enthusiasts Whatsapp Group (click via mobile to join) to be a part of interesting automotive discussions. Also, follow us on YouTube for all the latest updates and unbiased reviews.
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