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


New Delhi, Aug 10: Honda Cars India Ltd. (HCIL), leading manufacturer of premium cars in India, has partnered with Bajaj Finance Ltd., the lending arm of Bajaj Finserv Ltd., one of the country’s leading and diversified financial services groups, to offer attractive and affordable finance solutions for its customers. The partnership will help Honda customers avail exciting car finance schemes with low Rate of Interest and hassle-free quick sanction of loans on 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 Flexi Pay Scheme, digital-first experience, including up to 100% on-road funding, (e.g. Low rate of Interest (RoI) starting from 8.75%, hassle free sanction with lower turnaround time as low as 30 min, etc.). To ensure even greater convenience, the entire financing process will be enabled through a digital customer journey for loan disbursement process.

Speaking on the occasion Kunal Behl, Vice President, Marketing & Sales, 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 an affordable and accessible personal mobility solutions to a diverse set of valued customers.”

Siddhartha Bhatt, Chief Business Officer, Bajaj Auto Finance, added “Our digital-first approach and affordable solutions (Flexi Loans) enable us to make car buying incredibly easy and affordable for our customers. Our straight-through process is aimed at improving convenience and the 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 convenient 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 and 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 car buying experience for its customers, offering consumers a wide range of financial solutions to match their diverse needs.