NEW DELHI : To boost car sales during the coronavirus lockdown, India's largest carmarker Maruti Suzuki today launched a new offer allowing customers to pay car loan EMIs after two months of getting the loan. "A two-month deferment of EMI will bring advantage to car customers who currently are under resource crunch amidst the COVID-19 pandemic.
Encouraging people to buy a new vehicle, the ‘Buy Now Pay Later Offer’’ will allow customers to start paying the EMIs after 60 days of loan disbursement," Maruti Suzuki India said in a statement.
It said the offer, in partnership with Cholamandalam Investment & Finance Company Limited (CIFCL), will make the process of car buying more convenient in these unprecedented times.