Honda Motorcycle and Scooter India ties-up with Assam Gramin Vikash Bank for 2Wheeler retail finance

Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI), the 2nd largest 2Wheeler Company here today announced its new retail finance tie-up with Assam Gramin Vikash Bank, the largest Regional Rural Bank in North East at a special ceremony in Guwahati.

HMSI has already associated with Co-operative, Gramin & Non-Banking financial institutions in Punjab, Rajasthan, Uttar Pradesh & West Bengal for providing 2wheeler retail finance facility at state & PAN India level.

Honda-Motorcycle-and-Scooter-IndiaThis announcement marks an important step towards making Honda’s 2Wheelers more easily accessible to its valued customers as Assam Gramin Vikash Bank is operational in all of Assam with its 388 branches which is sponsored by United bank of India.

With this partnership, customers across all towns/Village where the bank has its network can avail many attractive value-ads. These benefits include daily reducing interest rates, minimum processing fee and hassle free loan with nil documentation. Through this partnership, buyers can avail loan amount of upto 80% of Honda’s 2Wheeler.

On the partnership, Sri Shio Shankar Singh, Chairman, Assam Gramin Vikash Bank said “We are really happy to partner with Honda Motorcycle & Scooter India Pvt. Ltd. With our wide network we believe customers across Assam will immensely benefit and would be able to avail Honda’s extensive and world class product portfolio. It is our continuous effort to make convenient, the availability of finance to the people and with Honda’s partnership we believe we would be able to help people in buying their choice of Honda two-wheeler.”