Honda Cars said the new financing plans will be offered on a full range of Honda vehicle models.
Honda has partnered with several banks to offer these schemes across the country.
Honda Cars India (HCIL) has implemented a series of financing schemes for its clients in association with Canara Bank. The partnership makes it easy for customers to take advantage of Canara Bank’s auto loan and financing options when purchasing Amaze, City, Jazz and WR-V.
As part of the association, financing schemes will include a concession interest rate for purchases, a maximum loan amount; Up to 90% of the total vehicle value including registration, life tax and accessories as well as a maximum repayment period of up to 84 months. Honda has partnered with several banks to offer these schemes across the country with a focus on semi-urban to rural areas.
Commenting on the occasion, Rajesh Goel, Senior Vice President and Director of Marketing and Sales for Honda Cars India said: “The partnership with Canara Bank is an extension of our efforts to provide easy and convenient financial solutions to our customers. We are always striving to improve the customer experience from the point of purchase to the years of vehicle ownership. We are confident that the alliance with Canara Bank will help us meet the diversified financial requirements of our clients, especially during the upcoming holiday season.