Hero MotoCorp introduces exciting retail finance schemes for customers
The innovative financial products such as No-Hypothecation, No cost EMIs, and Cash EMI (loan without a bank account), will ensure that customers can bring home their preferred Hero MotoCorp vehicle in a hassle-free manner.
The world’s largest manufacturer of motorcycles and scooters, Hero MotoCorp has introduced a range of new and exciting retail finance schemes for customers. Adding cheer to the ongoing festive season, the company is making numerous finance offers to its customers through a wide range of partners.
The innovative financial products such as No-Hypothecation, No cost EMIs, and Cash EMI (loan without a bank account), will ensure that customers can bring home their preferred Hero MotoCorp vehicle in a hassle-free manner. Along with Hero FinCorp, it has also introduced segment-first schemes including Kisan EMI and Balloon EMI. These schemes will provide tailor-made solutions for farm-income-based customers and customers with seasonal incomes.
Through easy options and customized schemes, Hero MotoCorp is ensuring that almost all customer segments in the country have access to convenient finance solutions, thus empowering them and boosting the economy in the process.
Additionally, the company has introduced attractive schemes such as Aadhaar based funding, low down payment starting from Rs 6,999, a low interest rate of 5.55 per cent and long tenure loans of up to 48 months.
Providing customers with the power to choose, it has tied up with multiple nationalized banks, private banks and Non-banking financial corporations (NBFCs), including the leading banks such as HDFC Bank, IndusInd Bank, Shriram City Union Finance, etc and other NBFC’s such as HDB Financial Services, IDFC First Bank, and Wheels EMI.
On Thursday at 12:07 pm, the shares of Hero MotoCorp Limited were trading 0.13 per cent up at Rs 2,929.80 on BSE.