Maruti Suzuki has partnered with Karur Vysya
Bank to offer consumers simpler and flexible financing schemes to own a new
Under the partnership with Karur Vysya Bank, customers
can avail multiple attractive finance schemes and longer repayment loan terms
to own a new car. Maruti Suzuki’s vast network of 3,086 new car retail outlets
across 1,964 cities and towns added with 780 branches of Karur Vysya Bank
across 22 States will make these schemes accessible for consumers across India.
Speaking on the customer-centric initiative,
Shashank Srivastava, Executive Director, Maruti Suzuki India said, “To move
forward in a changing business environment, we must take action, combining
customer-centered finance products with wide range of options to choose from.
Our association with Karur Vysya Bank is another positive step towards
providing our customers financial flexibility and ease of owning a new car. In
light of current situation of fighting COVID 19 pandemic challenges, the
attractive products like EMI holiday period will provide the required financial
solution to the customers.”
J Natarajan, President & COO, Karur Vysya
Bank, said, “Easy availability of finance is a key driver during these times.
This partnership with Maruti Suzuki is an important way to offer consumers
convenience and cost-effectiveness at the same time. Karur Vysya Bank offers
customers in-principle loan sanction in 15 minutes and existing customer of the
bank can get their loans disbursed on the same day. The entire process from
application to disbursement of the loan is digitalised with no manual