Honda Cars India and Bajaj Finance collaborate to offer attractive financing solutions this festive season

Honda Cars IndiaHyderabad/New Delhi, 08 August 2023 – Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India, has partnered with Bajaj Finance Ltd., the lending arm of Bajaj FinServ Ltd., a leading financial services group in India, to offer attractive and affordable finance solutions for its customers. The partnership will help Honda customers avail exciting car finance schemes with low Rates of Interest and hassle-free quick sanction of loans on the purchase of Honda Amaze, Honda City, and soon-to-be-launched new SUV; Honda Elevate.

Under this partnership, Bajaj Finance Limited will provide Honda customers with customised retail finance schemes with the introduction of the Flexi Pay Scheme & digital-first experience, including up to 100% on-road funding, providing a Low rate of Interest (RoI) starting from 8.75%, hassle-free sanction with lower turnaround time as low as 30 min, among others To ensure greater convenience, the entire financing process will be enabled through a digital customer journey for loan disbursement process.

Speaking on the occasion Mr. Kunal Behl, Vice President, Marketing & Sales, at Honda Cars India said, “At Honda Cars India, we are dedicated to delivering top-notch services to our customers and we are excited about this partnership with Bajaj Finance. This alliance allows us to offer more financing options to our customers and enhance their ownership experience. The various schemes and options which will be offered by Bajaj Finance will lead to affordable and accessible personal mobility solutions to a diverse set of valued customers.”

Siddhartha Bhatt, Chief Business Officer, Bajaj Auto Finance, added “Through our digital-first approach & affordable solutions (Flexi Loans), we strive to make car buying incredibly easy & affordable for our customers. Our straight-through process is aimed at improving the convenience and speed of loan disbursement. We are delighted to join hands with Honda Cars India to provide hassle-free and flexible financing solutions to customers for owning a Honda vehicle in a very accessible and rewarding manner.”

Honda Cars India and Bajaj Finance are confident that this collaboration will strengthen their position in the market and reaffirm their shared mission of providing outstanding auto financing solutions to customers.

Bajaj Finance is a technology-driven NBFC, offering a comprehensive suite of financial solutions focused on enhancing customer experience digitally.

HCIL has been taking initiatives to make car buying more attractive and rewarding for its customers. HCIL has partnered with multiple financiers such as PSU Banks, Retail Financiers, and NBFCs to enhance the car buying experience for its customers, offering consumers a wide range of financial solutions to match their diverse needs.