Moneycontrol

Budget 2023Budget 2023

PARTNERS

  • Tata AIA Life Insurance
  • Hafele
  • Motilal Oswal
  • SMC Global Securities Limited
  • SBI Life
  • DSP Mutual Fund
Upcoming Event : LeapToUnicorn - mentoring, networking and fundraising for startups. Register now
you are here: HomeNewsBusiness

Maruti Suzuki 'Buy-Now-Pay-Later Offer' allows customers two-month moratorium on loan EMI payment

The new solution 'Buy-Now-Pay-Later Offer' is aimed to provide customers with easy financing options, Maruti Suzuki India (MSI) said in a statement.

May 22, 2020 / 05:49 PM IST

Maruti Suzuki, in partnership with Cholamandalam Investment & Finance Company, has rolled out a scheme to offer a two-month moratorium on vehicle loan EMIs for Maruti customers.

The Maruti Suzuki ‘Buy Now Pay Later Offer’ will allow customers to start paying the EMIs after 60 days of loan disbursement.

The offer is available on select Maruti Suzuki models and will be applicable on loan disbursement till June 30, 2020, the Delhi-based carmaker said in a statement.

Shashank Srivastava, Executive Director (Marketing & Sales), Maruti Suzuki said, “The partnership with Cholamandalam Investment & Finance Company will boost convenience by offering customized retail financing to the customers. It is aimed to offer comfort to buyers who may have faced liquidity crunch during the COVID-19 lockdown.”