18/10/2019
PUNE (NEW
DELHI): Strengthening further its retail finance options for
customers, Honda Motorcycle & Scooter India Pvt. Ltd. signed a
Memorandum of Understanding (MoU) for nationwide retail finance partnership
with Tata Capital Financial Services Limited - one of the leading NBFCs in
India.
Formalizing the partnership at the MoU signing ceremony were Yadvinder
Singh Guleria, Senior Vice President – Sales & Marketing, Honda Motorcycle
& Scooter India Pvt. Ltd. and Kusal Roy, Managing Director - Tata Capital
Financial Services Limited with other dignitaries.
Elaborating on Honda’s latest two-wheeler retail finance
partnership Yadvinder Singh Guleria, Senior Vice President, Sales &
Marketing, Honda Motorcycle & Scooter India Pvt. Ltd. said,“With increased
cost of ownership, more and more two-wheeler customers are availing finance to
own their favorite two-wheeler. We believe that with the transition to BS-VI
due soon, consumer shift towards finance will accelerate even more in coming
year. This is where our partnership with Tata Capital Financial Services
Limited will be truly a win-win situation providing convenient finance options
to our customers.”
The new MoU with Tata Capital Financial Services Limited
coming into effect gives Honda customers extra benefits like attractive
interest rate, loan up to 100% of two-wheeler value, repayment period of up to
36 months and low EMI scheme as per customer eligibility. As a Preferred
Financial Partner, Tata Capital will provide Honda 2Wheelers India customers
with simple and fast disbursals with minimum documentation coupled with extra
savings of Rs. 5,000 on an average loan.
Speaking on the partnership with HMSI, Kusal Roy, Managing
Director, Tata Capital Financial Services Limited, said, “We are delighted to
partner with Honda 2Wheelers India. This partnership will bring us the
opportunity to meet diverse finance needs of Honda’s customers. We aim to grow
through our innovative and customer centric loan offerings. We look forward to
a mutually beneficial partnership with Honda 2Wheelers India.”
Tata Capital’s two – wheeler loans will cater to first time
buyers with exclusive EMI options. There is a growing segment of customers who
are upgrading their vehicles and can now invest in a new two-wheeler through a
wide array of finance options.
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