New Delhi, Sep 25: Honda Cars India Ltd., manufacturer of premium cars in India, has partnered with CSB Bank to offer affordable and accessible finance schemes to customers across the country. This partnership will allow HCIL customers to avail easy financing options with low rate of interest and hassle-free car loans on purchase of the New Honda City, Honda Amaze, Honda Elevate and Honda ZR-V through identified Honda dealerships and designated CSB Bank branches across the country.
Easy financing options and attractive interest rates will make car buying more accessible and rewarding for customers this festive season, particularly for buyers in semi-urban and rural markets seeking reliable financing options. The arrangement also envisages a range of financing solutions, including car loans, pre-owned car loans, refinancing and financing support for future electric vehicle offerings, subject to applicable lending norms and customer eligibility.
Speaking on the occasion, Mr. Kunal Behl, Vice President, Marketing & Sales, Honda Cars India Ltd., said,
“With this partnership, we aim to make vehicle ownership more accessible and affordable for our customers right from day one. By combining Honda’s strong dealership network with CSB Bank’s convenient financing solutions, we can offer a simple, quick and hassle-free car-buying experience. This collaboration is an extension of our efforts to provide easy and accessible finance options while enhancing the overall purchase and ownership experience for our customers. We look forward to enabling more customers to bring home their dream Honda this festive season, while expanding access to finance across semi-urban and rural markets.”
Commenting on the partnership, Mr. Narendra Dixit, Head - Retail Banking, CSB Bank, said,
“Finance plays a critical role in enabling customers to turn their aspiration of owning a vehicle into reality. As an important component of the automotive ecosystem, financing needs to be convenient, accessible and tailored to the diverse needs of customers. At CSB Bank, we see significant potential in building strong partnerships across the automotive value chain and leveraging our financing capabilities to make vehicle ownership more accessible. Our partnership with Honda Cars India is an important step in that direction, enabling us to bring our customer-centric financing solutions closer to customers across markets, including semi-urban and rural India.”
Under this partnership, CSB Bank has been empanelled as one of Honda Cars India’s preferred financing partners and will work closely with Honda Cars India and its authorized dealerships to provide customers with convenient financing solutions. Both organizations will also undertake joint promotional initiatives across dealerships, branches and digital platforms, supported by a joint coordination team to enhance customer engagement and financing accessibility. This initiative reflects HCIL’s ongoing efforts to enhance the car-buying experience by offering customers a wide range of financial solutions to match their diverse needs.
