Categories: Business

Those who buy Maruti vehicles will get relief in EMI, company joins ICICI Bank for cheaper loan


Maruti Suzuki partners with ICICI Bank, to offer retail financing schemes to customers

new Delhi. Country car maker The largest company Maruti Suzuki India (MSI) said on Tuesday that it has tied up with private sector ICICI Bank to provide better credit facility to its customers. Under this, car buyers will be given some relief in terms of monthly installment.

In a statement, Maruti Suzuki said that with the tie-up, ICICI Bank is offering a flexible EMI (Equated Monthly Installment) scheme. Under this, customers will get the facility of lower installment initially to help them overcome the cash problem caused by the Kovid-19 epidemic. The EMI amount will start from Rs 899 on a loan of Rs 1 lakh.

ICICI Bank is offering a similar EMI scheme to other Maruti customers. According to the statement, Maruti Suzuki has more than 3,000 sales outlets across the country and ICICI Bank has 5,380 branches. So this offer will benefit all those customers who are planning to buy a car.

This post was published on May 27, 2020 3:00 am

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