January 15, 2021
1 min read

Maruti Suzuki launches ‘smart finance’

A company statement said that with the launch of Smart Finance, 24 out of 26 steps in the customer vehicle purchase journey have been digitised….reports Asian Lite News

Maruti Suzuki India on Friday announced the launch of its online financing platform — Smart Finance, for Maruti Suzuki ARENA customers across more than 30 cities.

A company statement said that with the launch of Smart Finance, 24 out of 26 steps in the customer vehicle purchase journey have been digitised.

“Smart Finance offers customers a ‘ONE-STOP-SHOP’ solution for the vehicle finance needs. The services include option to choose among wide range of finance products based on customer needs, selecting the best-suited loan product, completion of all finance related formalities and disbursal of loan, with just a few clicks,” it said.

Maruti Suzuki website will act as a facilitator between the customer and the financier providing real time status updates and in turn provide a hassle free and transparent financing solution.

Going forward, different structured schemes such as balloon and step-up offers, among others can also be reviewed on one screen.

For this, Maruti Suzuki has currently partnered with twelve financiers — State Bank of India, HDFC Bank, Mahindra Finance, ICICI Bank, IndusInd Bank, Bank of Baroda, Cholamandalam Finance, Kotak Mahindra Prime, Axis Bank, AU Small Finance Bank, Yes Bank and HDB Financial Services. Subsequently, the company will on-board other key financiers, it said.

Shashank Srivastava, Executive Director (Marketing & Sales), Maruti Suzuki India said: “We are overwhelmed with the response to our Smart Finance platform from our NEXA customers. Now, we want to extend the ease of a car buying journey for our ARENA customers as well. The pandemic situation in the country has further increased the usage of digital platforms. With Smart Finance, we aim to reach out to a larger audience, assist them and make every stage of the loan process transparent.”

The Smart Finance service is now available for ARENA customers in over 30 cities including Delhi-NCR, Jaipur, Ahmedabad, Pune, Mumbai, Bangalore, Chennai, Hyderabad, Lucknow, Indore, Kolkata, Cochin, Chandigarh and Guwahati.

Also read:Qualcomm acquires chip design startup Nuvia

Previous Story

Malaysian Authorities Seize PIA Plane

Next Story

Growing Interest To Dark Chocolates

Latest from Business

‘India’s Digital Hub Ascends’

The event also featured discussions on the Quad Partnership for Cable Connectivity and Resilience, reiterating commitments made during the July 1 Quad Foreign Ministers’ Meeting India’s growing role as a key digital

India’s Job Market Surges

With hiring levels on the rise, compensation is expected to increase by 12-15% in metro cities and by 18-22% in emerging cities India’s festive season this year is poised to create more

India Inc Eyes Upswing

Private equity (PE) remained comparatively stable in Q2, clocking 357 deals worth $7.4 billion — the second-highest volume since Q4 2022. However, deal values dipped on a quarter-on-quarter basis due to the

Apple Appoints Sabih Khan as New COO

Khan will take over from Jeff Williams, who is stepping down from the role this month and will retire later this year…reports Asian Lite News Apple has announced that Sabih Khan, an
Go toTop