Companies are bringing a variety of offers and schemes to increase the sales of cars affected by the Corona virus epidemic. The country's largest car company Maruti Suzuki is continuously offering financing schemes. The company has said in a statement issued here that under this partnership, Axis Bank will provide a variety of options for loans to customers.
There is also a system of giving 100 percent funding of the car on-road to salaried customers for a period of 8 years. There are also different schemes in the case of Equated Monthly Installments (EMIs), with installments starting at Rs 1,250 per lakh. Increasing EMI wherein the final EMI can be up to 25% of the loan amount.
Apart from this, the company has said that as a partnership, customers can also avail EMI for the first three months with a low installment of Rs 899 monthly. All these offers are valid till 31 July.