Hyundai India has 5 Finance Schemes for New Customers
Looking at the growth rate of this COVID-19 pandemic crisis, It can’t be assumed when will be the lockdown lifted. The crisis affected our country’s economy so hard, so to the automobile sector of India. So all the Automobile Brands are introducing a lot of schemes to sell their machines and fight their and dealer’s losses.
Hyundai also at the front line to fight this crisis with initiatives like How Hyundai responded to fight COVID-19 In India, Hyundai availed its ‘Click to Buy’ service across India. Hyundai now introduced 5 finance schemes to provide easy, worry less car buying process in this COVID-19 Crisis. Now it is more convenient to buy a new Hyundai car. 3 of the schemes are available for all the models and rest 2 are for only selected options.
These Schemes are listed below
3 Months Low EMI Scheme:
This scheme allows customers to select for low EMIs for the first 3 months, with the deficit from these months being evenly distributed for the remaining duration of the three, four, or five year loan period. This scheme is available for all Hyundai models.
Step-Up Scheme:
In this scheme, customers need to pay an EMI of Rs 1,234/lakh for the first year of the 7 year tenure loan. The EMI will increase by 11 percent every year from the second year onwards, till the end. This scheme is available for all Hyundai models.
Balloon Scheme:
In this scheme, customers would need to pay a lower EMI (roughly 14 percent lower than normal EMI) from the 1st to the 59th month, with the EMI for the last month being 25 percent of the total loan to be repaid. This scheme is available for all Hyundai models.
Longest Duration Scheme:
This scheme provides a loan tenure of up to eight years. This means the customers will end up paying the smallest monthly EMI amount as possible, easing the burden of repayment. This scheme is available for selected Hyundai models.
Low Down Payment Scheme:
In this scheme, Customers can opt for up to 100 percent on-road funding which means zero down payment. This scheme is available for selected Hyundai Models.
New Customers who want to buy a Hyundai car, can avail these schemes and get their new car home delivered. While the terms and conditions are applied to each of the schemes and these schemes are from different banks for respective sectors.
