Honda 2 Wheelers India Gets A New National Retail Finance Partner

Honda 2 Wheelers India can now offer their customers extra convenience, comfort and savings upto Rs.6000!

Honda 2 Wheelers India signs MoU with Cholamandalam Investment & Finance Co. Ltd. for retail finance partnership throughout the nation. This would benefit the customers right from day one.

Elaborating on the latest two-wheeler retail finance partnership Mr. Yadvinder Singh Guleria, Senior Vice President, Sales & Marketing, Honda Motorcycle & Scooter India Pvt. Ltd. said, “Increase in two-wheeler ownership cost post insurance premium hike and new brake regulations is resulting in increased percentage of new customers availing retail finance to purchase their favorite two-wheeler. We believe that consumer shift towards retail finance will accelerate even more in the coming year. To
facilitate convenient and affordable purchase options for our customers we are leased to announce partnership with Cholamandalam for our valued customers.”

Honda customers would now get to enjoy extra savings of Rs. 6000 on an average loan. There would also be added benefits like a super-interesting interest rate, a minimum down payment of Rs. 2999, loan up to 97% of two-wheeler value, zero processing fee, extended repayment period of up to 36 months etc. They would also offer low EMI based on customer eligibility.

Honda 2 Wheelers India

Cholamandalam group has a pronounced nationwide presence, and this would help in getting Honda 2 wheelers more buyers.

On the occasion, Mr. Ravindra Kundu, President & Business Head– Vehicle Finance of
Cholamandalam Investment and Finance Company Ltd. said, “We are very excited to partner with Honda Motorcycle & Scooter India Pvt. Ltd, a trusted and renowned two wheeler brand in India. This partnership will give us a strong foot hold in the mass two wheeler financing space. With our 1000+ branch network across semi urban and rural markets, we will be able to cater to all customer segments and synergize well thereby mutually benefitting both the organizations.”