India Skoda Rapid Rs. 8,999 EMI offer and 3rd gen ŠKODA Octavia marks 15-millionth car

Indian buyers opting for the SKODA rapid will be happy to know that they can upgrade to this premium sedan at a nominal EMI rate of Rs. 8,999. SKODA Finance which is a brand of Volkswagen Finance Pvt. Ltd. has introduced this offer for a limited period where an individual can upgrade to a premium model at a reasonable price. Offered on a pan India level this offer is valid for a limited time period. Last year, the Czech brand offered its customers an upgrade to a premium variant for an EMI rate of Rs. 9,999.

Buyers who are above age of 21 years old can apply for SKODA Finance offers through which they are entitled to a 90% or 85% loan amount depending on their employment statistics. One can apply for loan amounts that are in excess of Rs. 1, 00,000. Speedy processing of documents, and flexible repayment options coupled with a customized EMI plan tailored to suit ones needs are value added features of the SKODA Finance service.The compact sedan Rapid and other models are being produced for the local Indian auto market at their Pune plant.

On the global front, ŠKODA has produced their 15-millionth car since 1905. The jubilee car, a 3rd gen ŠKODA Octavia rolled off the Mladá Boleslav plant assembly line. The special VIP sedan will be put in service at the ŠKODA Technology Center in Cesana.

ŠKODA chairman of the board, Prof. Dr. h.c. Winfried Vahland, had this to say,“The entire ŠKODA team is very proud of the million jubilee.” “15 million produced cars are a symbol for the great development of the ŠKODA brand. We have been building vehicles for 118 years and automobiles since the year 1905. Thus we are among the automobile brands with the richest traditions in the world.”

The Skoda Prize in its 3rd year in India, on the lines of the Turner Prize felicitates artists. Bringing to focus artwork of artists who have been in the field for a while, this years million rupees top awardee was 41-year-old L N Tallur, a  sculptor, who won the prize for his work, Quintessential.