September 23, 2015
Honda Motorcycle and Scooter India Pvt. Ltd. (HMSI) has entered into a national retail finance partnership with Muthoot Capital Services Ltd., a division of Muthoot Pappachan Group. Through its more than 3,000 Fincorp branches all over the country, Muthoot Capital Services Ltd. will now help customers take home their dream Honda two-wheeler with no hassles.
As a result of the tie-up, Honda’s highest selling motorcycle in the world – CB Shine – will now be available at down payment of Rs.5,999, with easy EMI options as low as Rs.999 per month.
”Every 7 seconds, a new two-wheeler customer joins the Honda family. We at Honda not only want to delight our customers with quality products but also facilitate them to own them with convenience. Our national retail finance partnership with Muthoot Capital Services Ltd. is an important step in this direction. We are delighted to unlock wealth and easy two-wheeler finance options with Muthoot Capital Services Ltd.” Mr. Y.S. Guleria, Sr. Vice President, Sales & Marketing, said.
Earlier this month Honda tied up with Shriram Finance and Andhra Bank.