Suzuki Motorcycle India Private Ltd. (SMIPL), a subsidiary of two-wheeler manufacturer, Suzuki Motor Corporation, Japan, announced its tie-up with HDB Financial Services (HDBFS), a leading Non-Banking Financial Company (NBFC). The tie-up will allow customers to avail around the clock easy and hassle free retail finance options to purchase their favorite Suzuki two-wheeler with added benefits like free roadside assistance, loyalty card and much more.
The Memorandum of Understanding (MoU) was concluded by Mr. Devashish Handa, Vice-President, Sales, Marketing & After-Sales, SMIPL, and Mr. Srinivasan Karthik, Head – Sales Finance, HDBFS.
Commenting on the partnership, Mr. Devashish Handa said: “Our association with HDB Financial Services is a part of our plan to offer customized and easy retail finance offers keeping in mind the needs of our customers. The tie up is a step to provide ease to customers in getting the vehicle financed without any hassle. We believe that this partnership is commencing at an appropriate time with the high demand festive season just round the corner. We are sure that HDB Financial Services, which is one of the fastest growing vehicle financiers in the country, will further enhance the ever increasing preference for Suzuki two-wheelers in India. It will further the growth story of Suzuki Motorcycle India which has been an exception to the downturn being experienced by the rest of the automotive manufacturers over the last six months.”
As part of the association, customers can now get an instant approval with nominal documentation at a very competitive interest rate. HDB Financial Services has a network presence of across 22 States and 3 Union Territories to offer secured and unsecured loans to new two-wheeler buyers. It will further provide an all-in-one solution for their finance related requirements of the consumers. This convenient process will allow easy scheme options, digital login, 24X7 operational support and pre-approved program for HDBFS customers.