May 12, 2021

Maruti Suzuki launches Good Finance to supply complete financing options to clients

The nation’s largest carmaker Maruti Suzuki Wednesday launche
d Good Finance – a web-based end-to-end real-time automotive finance service facility – for NEXA clients throughout 30 cities with an eye fixed on boosting gross sales.

The corporate will prolong the service to all clients throughout its channels nationally subsequent yr. A primary-of-it’s-kind initiative, Maruti Suzuki Good Finance goals to simplify and digitalise the client’s automotive shopping for journey with a bouquet of financing choices.

Good Finance platform is at present hosted on and can provide clients the comfort of a one cease store for his or her complete automobile finance wants. The providers embody choosing the proper finance companion, choosing the right suited mortgage product, completion of all of the finance associated formalities and disbursal of the mortgage, with just some clicks. The NEXA web site will act as a facilitator between the client and the financier offering huge number of selections on the mortgage presents, actual time standing updates and in flip offering a problem free and clear financing answer.

Kenichi Ayukawa, Managing Director and CEO, Maruti Suzuki India stated, “
Beneath the Good Finance platform, at present hosted on the NEXA web site, we’ve got partnered with a number of well-liked financiers to supply customized curated customized mortgage presents for our clients. This digital service presents straightforward financing choices and is totally clear at every stage of the mortgage course of. Amongst different benefits, the client will get to customise the EMI, by selecting the mortgage tenure and rate of interest and choose a most well-liked down-payment scheme.”

The client is ready to evaluate a number of eventualities for his automotive mortgage and make an knowledgeable selection of mortgage companion, mortgage tenure and so on.

For this Maruti Suzuki has at present partnered with eight financiers: HDFC Financial institution, Sure Financial institution, ICCI Financial institution, IndusInd Financial institution, Cholamandalam Finance, AU Small Finance Financial institution, Mahindra Finance and Kotak Mahindra Prime. Subsequently, the corporate will on-board different key financiers.

The pilot for Good Finance was carried out in Gurugram and suggestions was gathered from the purchasers to enhance the consumer interface to supply a seamless and pleasant buyer expertise.

The Good Finance service is now accessible for NEXA clients, for salaried staff, in 30 cities together with 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.

Progressively, it will likely be provided for the ARENA clients, addition of latest financiers, inclusion of self- employed profiling and extension to new cities on this digital finance journey.