Mumbai, June 19, 2020

Hyundai Motor India Limited
(HMIL), one of the leading smart mobility solutions providers and one of the largest
exporters, has partnered with HDFC Bank, offering industry first online auto
retail financing solutions to the customers on India’s only end-to-end online
automotive retail platform ‘Click to Buy’.

Under the ambit of this
partnership, Hyundai will offer its customers customised car financing
solutions from HDFC Bank directly on the ‘Click to Buy’ online car buying
platform. Through this partnership, customer can opt for loans and get the
requisite funding to complete life goals of buying their Favourite Hyundai car.
The integration of HDFC Bank’s car finance solutions on ‘Click to Buy’ adds
further comfort to customers as it eliminates the need for customers to visit
HDFC Bank/ Branch to avail loans.

WS Oh, Executive Director –
Corporate Planning, Hyundai Motor India said, “Keeping our promise of
providing a holistic digital car buying experience to our customers, ourpartnership with HDFC bank will
forge a new beginning for the customer purchase journey from any virtual
location with the most lucrative finance deals. Since
the launch of Click to Buy, we have received over 9 lakh visitors on the platform
and have recorded over 17 000 registrations in two months.” 

Arvind Kapil, Country Head for Retail Lending at
HDFC Bank, “The partnership with Hyundai Motor India is in line with our
belief that a digital eco-system needs to be created to enhance customer
experience, particularly in the current environment. An eco-system that brings
OEMs, dealerships and financiers together and enables a customer to purchase a
new car sitting in the comfort of their homes. At the core of our digital
strategy is Analytics and APIs. Analytics helps us understand our customers
better and give them customized product offerings and services. While APIs
enables us to create a seamless connect between various stake-holders keeping the
customer at the centre. We are happy to say the association with Hyundai Motor
India is a win-win not just for customers but all players in the auto industry.”

‘Click to Buy’ is designed to
facilitate end-to-end retail of Hyundai cars online making owning a new car –
contactless, safer, convenient and hassle free. With ‘Click to Buy’ Hyundai is
offering access to its complete range of car models and is the only platform
that covers all stages of customer purchase journey in an even more seamless
and convenient manner. Through this online car buying platform, Hyundai is
offering customer delight with features such as on-road prices, dedicated sales
consultants, online finance options, fastest loan approval for pre-approved
customers, unique deal codes for customer discounts, estimated time of
delivery, special online promotions, online booking for test drive cars (Fully
Sanitized) and home delivery of completely sanitized cars.