Honda Announces 2-Wheeler Finance Tie-up with Muthoot Capital Services Ltd

Honda Motorcycles and Scooters India (HMSI) today said it has tied up with Muthoot Capital Services to offer financing facilities for its two-wheeler customers. 

This festive season customers can now take home happiness with hassle free buying. Honda’s highest selling motorcycle in the world - CB Shine will be available at an attractive low down payment of Rs 5,999 besides easy EMI options as low as Rs 999.

The national retail finance partnership that comes into effect from today, provides financing options for salaried & self-employed individuals. Key benefits comprise of features like loan approval in 30 minutes, hassle free and convenient EMI with no post-dated cheques requirement, flexible tenure from 12 to 48 months, simple documentation process, personalized services and a pan India network.

Commenting on the alliance, Mr. Y S Guleria, Sr. Vice President, Sales & Marketing, said, ”Every 7 seconds a new two wheeler customer joins the Honda family. We at Honda not only want to delight our customers with quality products but also facilitate them to own them with convenience. Our national retail finance partnership with Muthoot Capital Services Ltd. is an important step in this direction. We are delighted to unlock wealth and easy two-wheeler finance options with Muthoot Capital Services Ltd.”

This is the third national tie-up for Honda in this festive season, after associations with Shriram Finance and Andhra Bank were announced earlier this month. All the tie-ups are a strategic expansion of Honda’s customer outreach initiatives being rolled out at pan-India level.