Private sector lender Axis Bank on Wednesday announced its partnership with Hyundai Motor India Limited (HMIL) for auto retail financing solutions to its customers.
About deal
The company said with this partnership will allow customers of Hyundai Motor India Ltd (HMIL) to get auto loan sanctioned directly on the car maker”s end-to-end online retail platform ”Click to Buy” (CTB).
This solution provides customers with the convenience of acquiring requisite funding for their desired Hyundai car through a ‘one-stop-shop’ platform catering to all their vehicle purchase needs, the state team added.
Benefit
The partnership will enable customers based of both urban and rural markets.
And also it will avail car financing loan with more effective manner to the customers.
Comment from Axis Bank
Sumit Bali, President , “We are delighted to partner with Hyundai Motors and make online financing a quick and hassle-free process for all customers.
In the current pandemic situation, this initiative will ensure that customised finance products are digitally available to all customers.
The auto loans industry is now looking at a paradigm shift in providing customers a unified native journey right from car research to online booking, online loan sanction to closing all formalities and getting the car delivered at their doorstep. —Moneycontrol.
Comment from Hyundai Motors
“Our partnership with Axis Bank will initiate a new beginning for the customers with the lucrative & attractive online finance deals available on the platform.
Since the launch of ‘Click to Buy’, we have received over 7 million visitors and have recorded over 47,000 registrations, which showcase customers’ preference towards Smart Mobility Solutions.” —MINT
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