Indian Motorcycle announced that it has joined hands with HDFC Bank to provide financing options for its customers. Under the new scheme, prospective buyers will be offered an 85 percent loan amount at an interest rate of 7.99 percent. The interest rate will be applicable for a three-year time period. According to the company, the scheme is a limited time offer and is valid for the month of August across all six Indian Motorcycle dealerships in our country.
Speaking on the announcement, Pankaj Dubey, Managing Director and Country Head, Polaris India Pvt. Ltd. said, “We are excited to partner with HDFC bank and roll out this new finance offer for our customers. The introduction of this offer will help the aspiring customers in owning their favourite Indian Motorcycle. As a part of our customer delight programme, this limited period offer will be available on the entire product range at all Indian Motorcycle dealerships across India.”
As part of the scheme, buyers can also purchase the Indian Scout range, which consists of the standard Scout, Scout Sixty and the Scout Bobber for a down payment of Rs 2 lakh. The American brand has 10 motorcycles from its international portfolio on sale in our market with prices starting at Rs 10.99 lakh (ex-showroom).