Harley Davidson has tied up with ICICI Bank for consumer financing of its products in India. The deal will also be helpful in areas like dealer financing and banking services to the motorcycle company.
Harley Davidson India showcased its entire portfolio at the Auto Expo 2010 and the bank will now offer finance options for these bikes starting from Rs 6.95 and shooting up to Rs 34.95 lakh.
The customers will be offered loans with an interest rate as low as 11% for a duration for five years which amounts to an EMI of Rs 12845 for the 2010 XL883L Sportster. These offers can be availed through the company run dealerships in Delhi, Mumbai, Bangalore, Chandigarh and Hyderabad.
Bookings for these premium bikes will commence in April 2010 with deliveries following in June 2010.