Maruti Suzuki partners with Axis Bank for easy finance solutions, Attractive Finance Schemes

Maruti Suzuki partners with Axis Bank for easy finance solutions, Attractive Finance Schemes:  Step-up EMI scheme with (10% yearly EMI increase) tenure upto 7 years. Balloon EMI scheme (final EMI 25% of loan amount) with tenure upto 5 years.   Offers valid till July 31, 2020.  Speaking on the partnership, Mr. Pralay Mondal, Executive Director, Head – Retail Banking, Axis Bank said, “It’s always been our endeavor to engage with our esteemed clients and offer them customised finance solutions for different customer needs. Our primary objective has always been to provide ease and convenience for our customers. The COVID-19 Pandemic has created a need for more creative and flexible financing options for Maruti Suzuki car buyers and our best -in-class financing solutions will provide the much-needed hassle-free experience of car buying and financing.” Speaking about the tie up with Axis Bank, Mr. Shashank Srivastava, Executive Director (M&S) Maruti Suzuki said, “One of the impact of Coronavirus pandemic has been change in people's behavior when it comes to mobility. Concern over safety and maintaining social-distancing has uptick the preference for having a personal vehicle. We are confident that this association with Axis Bank will help our customers in offering convenient, affordable and cost-effective finance solution for buying cars. With this tie-up our customers will have a wide array of easy finance options to choose from.”