Hero MotoCorp introduces new range of retail finance schemes to cheer festive season

These schemes provide tailor-made solutions for farm-income-based customers as well as customers with seasonal incomes.

Oct 14, 2021 11:10 IST India Infoline News Service

Two-wheeler giant, Hero MotoCorp has introduced a range of new and exciting retail finance schemes for customers. Adding cheer to the ongoing festive season, the company is making numerous finance offers available to customers through a wide range of partners.

The innovative financial products such as No-Hypothecation, No cost EMIs, and Cash EMI (loan without a bank account), ensure that customers can bring home their preferred Hero MotoCorp product hassle-free. Along with Hero FinCorp, it has also introduced segment-first schemes such as Kisan EMI and Balloon EMI. These schemes provide tailor-made solutions for farm-income-based customers as well as customers with seasonal incomes.

Through easy options and customized schemes, Hero MotoCorp is ensuring that almost all customer segments in the country have access to convenient finance and purchasing power. Thus, empowering them and boosting the economy in the process.

Additionally, Hero MotoCorp has introduced attractive schemes such as Aadhaar based funding, low down payments starting from Rs. 6,999/-, low-interest rate of 5.55% and long tenure loans of up to 48 months.

Customers can also avail of instant monetary benefits by using credit and debit cards of select banks like SBI and ICICI.

Hero MotoCorp has tied up with multiple nationalized banks, private banks and Non-banking financial corporations (NBFCs), including HDFC Bank, IndusInd Bank, Shriram City Union Finance, HDB Financial Services, IDFC First Bank, and Wheels EMI.

At around 11.06 am, Hero MotoCorp was trading at Rs2923.90 per piece flat compared to the previous closing on Sensex. 

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