New Delhi . Honda Cars India Ltd. (HCIL) has joined hands with Canara Bank to provide financing facility to its customers for purchase of vehicles. The company said in a statement on Monday that under this partnership, car loans will be easily available from Canara Bank for the purchase of Amaze, City, Jazz and WR-V models.
The company said that special schemes have also been introduced to make vehicle purchases more attractive for this festive season.
Emphasis on increasing sales during festive season
Rajesh Goel, Senior Vice President and Director (Marketing & Sales), HCIL said, “We are confident that the tie-up with Canara Bank will be able to meet the diverse financing needs of our customers during the festive season.”
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RP Jaiswal, General Manager (Retail Section), Canara Bank said that under this tie-up, customers will be provided with attractive interest rates, concessional interest rates to women customers, minimum processing fee and loan facility up to 90 percent of the total value.
The company will launch ‘Made in India’ compact SUV
Japanese automaker Honda Cars India Limited (HCIL) has confirmed that the company will launch a ‘Made in India’ compact SUV keeping in mind the needs of Indian customers. Along with this, SUVs made in India will also be exported to neighboring countries and African countries. Ahead of the launch of the Made in India SUV, Honda Cars will focus on increasing the customer base of its popular sedans, the Amaze and the City.
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When will Honda’s Made in India SUV arrive?
Honda Cars meanwhile has launched the facelifted Amaze on 18th August 2021. Its ex-showroom price in Delhi is between Rs 6.32 lakh to Rs 11.15 lakh. Honda Cars said that work has started to bring the Made in India SUV on the Indian roads within 24-36 months. The President and CEO of the company G. Nakanishi said that the demand and sales of SUVs are increasing year after year in India. Hence, we will launch the SUV keeping in mind the preferences and needs of the Indian customers.
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