Honda Motorcycle & Scooter India
(HMSI) partnered with IDFC FIRST
Bank to provide financing solutions for vehicles across the country
The Memorandum of Understanding(MJ) was signed
for the loan facility up to 100% of vehicle cost, zero processing fee, down
payment of Rs.999 and extended loan tenure of 48 months offered to two-wheeler
customers.
This will lead to extra savings of Rs 5,000 on
an average loan.
About IDFC FIRST Bank:
IDFC stands for Infrastructure Development
Finance Company.
It was founded by the merger of Capital First
and IDFC Bank in December 2018
Headquarters: Mumbai Managing Director &
CEO: V. Vaidyanathan
About HMSI:
Parent Organization: Honda Motor Company
Headquarters: Gurgaon, Haryana
CEO: Minoru Kato
Honda Motorcycle partnered with IDFC – First Bank for retail financing
