Maruti Suzuki partners with Karur Vysya Bank for attractive financial schemes

Maruti Suzuki India Limited joined hands with Karur Vysya Bank to offer consumers simple and flexible finance schemes to purchase a car. With this partnership, Maruti Suzuki will be able to provide attractive financial deals to customers with longer repayment loan terms. The automobile manufacturer will be able to offer loans to both salaried and self-employed customers. The product will also be available to people with no income proof and 100 per cent on road funding for vehicles.

Along with a huge network of 3,086 car retail outlets across 1,964 cities and towns and 780 branches of Karur Vysya Bank, this scheme will be available to all customers of the country. Given the current situation of COVID-19 pandemic, EMI will ease the stress on the customers by proving financial solution. Easy availability of finance and cost effective scheme for consumer convenience is an important part of this partnership.

Maruti Suzuki has announced a similar scheme by teaming up with IndusInd bank. Read it here: https://www.dsij.in/DSIJArticleDetail/ArtMID/10163/ArticleID/13361/Maruti-Suzuki-join-hands-with-IndusInd-bank-for-finance-schemes

COVID-19 situation has hampered the auto sales due to which, auto companies are introducing various schemes to attract buyers.

The stock of Maruti Suzuki closed on Wednesday at Rs 5,726 with a growth of 4.15 per cent i.e. at Rs 228.10 on BSE.