The country’s largest carmaker Maruti Suzuki India on Wednesday said that it had launched online car financing platform ’Smart Finance’.
Service Coverage
This new service is for Nexa customers across 30 cities, which will allow online, end-to-end, real-time car finance service facility.
The service will be available in the following cities:
Delhi, Gurugram, Lucknow, Jaipur, Mumbai, Pune, Ahmedabad, Chennai, Bangalore, Hyderabad, Indore, Kolkata, Cochin, Chandigarh, Guwahati, Goa, Bhubaneswar, Bhopal, Coimbatore, Surat, Vadodara, Ranchi, Raipur, Nagpur, Trivandrum, Vishakhapatnam, Udaipur, Kanpur, Vijayawada, and Dehradun.
The Nexa website will act as a facilitator between the customer and the financier.
What are included?
The new services include such as :
- Choosing the right finance partner
- Selecting the best-suited loan product
- Completion of all the finance related formalities and
- Disbursal of the loan.
- Real-time status updates
Tie up
To provide this service more efficiently the company has partnered with eight financiers:
HDFC Bank, Yes Bank, ICCI Bank, IndusInd Bank, Cholamandalam Finance, AU Small Finance Bank, Mahindra Finance and Kotak Mahindra Prime.
Comment from CEO
Gsgsgs, “We have always explored unique ways to assist our customers in their car buying journey.
Under the Smart Finance platform, currently hosted on the NEXA website, we have partnered with several popular financiers to provide custom-curated personalized loan offers for our customers.
This digital service offers easy financing options and is completely transparent at each stage of the loan process.
Among other advantages, the customer gets to customize the EMI, by choosing the loan tenure and interest rate and select a preferred downpayment scheme.”
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